【Hangzhou, November 15, 2026】The highly anticipated Xiling Yinshe 2026 Autumn Auction concluded successfully yesterday. The “Splendor of Jade – Chinese Ancient Jade Session” performed particularly well, achieving a total transaction value of RMB 185 million, with an impressive overall sell-through rate of 88.5%. This significantly exceeded market expectations, demonstrating the resilience and vitality of the high-end ancient jade collecting market in the current economic climate.
This ancient jade session featured 125 exquisite pieces, spanning various jade artifacts from the Neolithic period to the Ming and Qing dynasties. High-ancient jades were undoubtedly the focus of this auction. A “Warring States Period Celadon Jade Dragon-shaped Pendant,” estimated at RMB 20 million to 30 million, sold for a hammer price of RMB 35.5 million. Including buyer's premium, the final transaction price reached RMB 40.825 million, an impressive premium rate of 42%, making it the highest-priced lot of the session. Another piece, a “Western Han Dynasty White Jade Chilong-patterned Belt Hook,” also changed hands for a high price of RMB 18.2 million, an increase of 21% above its upper estimate.
From the data, the average price per lot in this ancient jade session reached RMB 1.48 million, an increase of 18.4% compared to the average price per lot in Xiling Yinshe's ancient jade session last autumn (RMB 1.25 million). This indicates that demand for high-quality, rare ancient jade collectibles remains strong, and buyers are bidding more aggressively. It is worth noting that exquisite ancient jades with perfect condition, clear provenance, and especially those with definitive dating and cultural value, often fetched prices well above their estimates in this auction.
Market Analysis and Trend Prediction:
Mr. Li Ming, a senior jade market analyst, pointed out: “The success of Xiling Yinshe's ancient jade session in this autumn auction sends several positive signals. Firstly, the high-end ancient jade collecting market has not been significantly affected by macroeconomic fluctuations; instead, it shows an upward trend against the current, supported by its scarcity, artistic value, and cultural significance. Secondly, buyers' enthusiasm for high-ancient jades continues to be high, especially for jade artifacts from the Warring States and Han dynasties, whose exquisite craftsmanship and profound historical heritage make them a focus for collectors. Thirdly, the market's emphasis on condition, provenance, and cultural connotation is increasing, prompting sellers to pay more attention to the selection and authentication of their collections.”
Mr. Li Ming further analyzed: “In the coming years, we expect the high-ancient jade market to continue its steady growth. With the entry of a new generation of collectors and the strengthening of cultural identity with traditional Chinese culture, the value of high-ancient jades will gain wider recognition. At the same time, auction houses' investment in consignment and academic research will further enhance the professionalism and transparency of the market. However, the market is not without challenges; fakes and ordinary pieces flood the market, placing higher demands on buyers' connoisseurship and professional knowledge. Therefore, collectors are advised to do their homework or seek professional guidance before entering the market.”
Expert Commentary:
Professor Wang, Vice President of the China Jade Culture Research Association, stated: “The results of Xiling Yinshe's ancient jade auction are inspiring. Particularly, the Warring States Period Celadon Jade Dragon-shaped Pendant, with its exquisite carving and vivid modeling, demonstrates the superb jade craftsmanship of the Warring States period. Its high price is well-deserved. This is not only an affirmation of its artistic value but also a continuation and promotion of excellent traditional Chinese culture. We see that for jade artifacts with historical and cultural research value, their price support is the strongest. This indicates that future ancient jade collecting will pay more attention to its cultural attributes and historical connotations.”
Overall, the success of Xiling Yinshe's 2026 Autumn Auction Ancient Jade Session injected a strong shot in the arm into the long-sluggish art market and pointed the way for the future development of the ancient jade collecting market. High-quality, well-provenanced, and culturally significant ancient jade masterpieces will continue to be the focus of the market.