【Beijing, November 25, 2026】The highly anticipated Poly 2026 Autumn Art Auction recently concluded successfully, with the 'Brilliant Jade Charm – Chinese Contemporary Master Jade Carvings' special session performing exceptionally well. The total transaction volume reached RMB 185 million, with a remarkable 92.3% sell-through rate, significantly exceeding market expectations. The success of this auction not only highlights the unique charm of jade carving art but also injects a strong boost into the currently somewhat subdued art market.
The highlights of this auction were undoubtedly several masterpieces by renowned jade carving artists. Among them, the 'Fu Shou Shuang Quan' (Blessings and Longevity) Hetian jade ornament, created by national-level jade carving master Wang XX, fetched a high price of RMB 38 million after multiple rounds of intense bidding, far exceeding its pre-auction estimate of RMB 25 million, with a premium rate of 52%. Another piece, 'Shanshui Qingyin' (Clear Sound of Mountains and Rivers) carved from spinach jade by the talented young artist Li XX, also sold for RMB 12 million. Compared to its sale price of RMB 8 million in the 2023 Spring Auction, it achieved a 50% increase within two years, demonstrating the immense appreciation potential of his works.
From the overall data, the average unit price of this jade carving session reached RMB 2.6 million, an increase of nearly 37% compared to the average unit price of RMB 1.9 million in the 2025 Autumn Auction. This indicates that the market demand for high-end jade carving works remains strong, and buyers' willingness to pay for exquisite jade carvings has significantly increased. Furthermore, over half of the lots sold for prices exceeding their upper estimates, with 15% of the lots having a premium rate of over 30%, fully demonstrating collectors' pursuit of high-quality jade carving works.
Market Analysis and Trend Prediction:
Mr. Zhang Hua, a senior auction industry analyst, pointed out: “The excellent performance of Poly's jade carving session in this autumn auction sends several positive signals. Firstly, the gradual stabilization of the economic environment has led to a recovery in the consumption confidence of high-net-worth individuals, and the safe-haven attribute and cultural value of art investment have once again become prominent. Secondly, the market's recognition of master jade carving works with true artistic value and scarcity continues to increase, which is closely related to the national promotion of traditional culture and art in recent years. Thirdly, the rise of a new generation of collectors, who pay more attention to the artistry, innovativeness, and academic status of the works, rather than just the origin and size of the jade material.”
Mr. Zhang Hua further predicted that in the coming years, the jade carving market will show a polarized trend: on the one hand, master-level works with profound cultural heritage, exquisite craftsmanship, and innovative concepts will continue to be sought after, and prices are expected to rise steadily; on the other hand, works made from ordinary materials and with mediocre craftsmanship will face greater market pressure. At the same time, with increased information transparency and improved appreciation levels, buyers will become more rational, preferring to invest in works that have been market-tested and possess clear provenance and artistic value.
Expert Commentary:
Professor Wang Ming, Vice President of the China Jade Culture Research Association, stated: “The success of this auction is not only a victory for Poly Auction but also a victory for Chinese jade carving art. It proves that in the current complex market environment, as long as the works are exquisite enough and the artistic value is prominent enough, the market will still respond with the most enthusiastic embrace. Especially the strong performance of young jade carver Li XX's works, indicates that the inheritance and innovation of jade carving art are developing positively, and the future is promising.”
In conclusion, the success of Poly's 2026 Autumn Auction's master jade carving special session has brought positive signals to the entire art market. It not only demonstrates the vigorous vitality of jade carving art but also points out future investment directions and development trends for collectors and practitioners.