【Hangzhou, November 25, 2026】The highly anticipated Xiling Yinshe 2026 Autumn Auction concluded yesterday, with the “Treasures of Ancient Jade” special session performing particularly well. The total sales reached RMB 185 million, with a high sell-through rate of 89.5%, fully demonstrating the sustained strong demand in the high-ancient jade market and collectors' pursuit of exquisite ancient jades.

This ancient jade session featured a total of 128 lots, covering various jade artifacts from the Neolithic Age to the Han Dynasty, including many museum-quality rare collections. Data shows that the average premium rate for this auction was 35%, a significant increase compared to 28% in the 2025 autumn auction, indicating a steady upward trend in the market valuation of ancient jades.

Highlights of Key Lots:

* Neolithic Age, Liangzhu Culture, Jade Cong King: As the star lot of the session, this magnificent and exquisitely decorated Liangzhu Jade Cong King was hammered at RMB 48 million, far exceeding its pre-sale estimate of RMB 25 million, with a premium rate as high as 92%. After fierce bidding among multiple buyers, it was finally acquired by an anonymous private collector. This Jade Cong King, with its perfect condition and natural patina, is undoubtedly a masterpiece of Liangzhu culture jade artifacts.

* Warring States Period, Grain-Patterned Jade Bi: A Warring States period grain-patterned jade bi, 22 cm in diameter, with warm jade quality and superb craftsmanship, sold for RMB 18.5 million, a 54% premium over its estimate of RMB 12 million. Its regular shape and full grain patterns reflect the extremely high level of jade craftsmanship during the Warring States period.

* Western Han Dynasty, Dragon-shaped Jade Pendants: A pair of well-preserved Western Han dragon-shaped jade pendants, with vivid forms and smooth lines, sold for RMB 9.2 million, almost double its estimate. The excellent condition and rarity of this pair of jade pendants made them highly sought after by collectors.

Market Analysis and Trend Judgment:

Mr. Li Ming, a senior auction industry journalist and jade market analyst, pointed out: “The success of Xiling Yinshe's ancient jade session once again confirms the resilience and vitality of the high-ancient jade market. Especially rare ancient jades with clear provenance, perfect condition, and profound cultural value still have huge room for price appreciation. Collectors' pursuit of authenticity, exquisiteness, and rarity is the core driving force for the continued positive market trend.”

From the auction data, ancient jade artifacts from the Neolithic Age to the Han Dynasty remain market hotspots, especially prehistoric jades from Liangzhu culture, Hongshan culture, and ritual vessels and ornaments from the Warring States and Han periods. These categories not only possess extremely high artistic value but also carry profound historical and cultural information, making them targets for collectors and cultural institutions.

Expert Comments and Market Insights:

Professor Wang, Vice President of the China Jade Culture Research Association, stated: “The sale of the Liangzhu Jade Cong King for nearly RMB 50 million not only set a new record for similar lots in recent years but also demonstrated the widespread recognition of the value of early Chinese civilization jade artifacts by both academia and the collecting community. This is of positive significance for enhancing public awareness of traditional Chinese culture and promoting ancient jade research and protection.”

An anonymous senior ancient jade collector, in an interview, said: “In recent years, despite the complex global economic situation, top-tier artworks and rare cultural relics, as hard assets, have increasingly highlighted their value preservation and appreciation attributes. Ancient jade, especially high-ancient jade, due to its non-renewable nature and unique historical and cultural value, has become an important component of asset allocation for many high-net-worth individuals. Market confidence in exquisite ancient jade will not waver in the short term.”

Looking ahead, with the revival of traditional Chinese culture and the improvement of collectors' knowledge, the ancient jade market will continue to show steady growth. However, the market will also pay more attention to the authenticity, condition, and cultural connotations of the lots, placing higher demands on the professional appraisal capabilities and reputation of auction houses.