【Beijing, November 15, 2026】The highly anticipated Poly 2026 Autumn Auction concluded successfully yesterday. The high-end Bi Yu jade session, in particular, performed exceptionally well, achieving a total transaction value of RMB 185 million, with an impressive sell-through rate of 92%. This significantly exceeded market expectations. The success of this auction not only injected a strong boost into the long-sluggish jade market but also signaled a robust recovery in the high-end jade collecting sector.
The high-end Bi Yu jade session featured 128 meticulously selected lots, ranging from Qing Dynasty imperial Bi Yu jade artifacts to innovative works by contemporary jade carving masters. Among them, a 'Bi Yu Jade Carved Dragon and Phoenix Auspicious Bottle with Lid' from the Qianlong period of the Qing Dynasty was hammered down at a high price of RMB 38 million, exceeding its upper estimate (RMB 25 million) by over 50%, becoming the highest-priced lot of the session. Another 'Bi Yu Jade Landscape and Figure Ornament' created by contemporary jade carving master Zhang Hua also sold for RMB 12 million, highlighting the collection value of contemporary exquisite jade carvings.
From the transaction data, the average premium rate for this Bi Yu jade session reached 25%, a significant increase compared to the 15% average premium rate for similar sessions at Poly's autumn auction last year. Particularly, well-preserved and exquisitely crafted Qing Dynasty imperial Bi Yu jade artifacts, as well as modern works by renowned jade carving masters, were highly sought after by collectors. Many lots underwent dozens of rounds of bidding, ultimately selling for prices far exceeding their estimates, fully demonstrating the strong demand and confidence in high-quality Bi Yu jade in the market.
Market Analysis and Trend Prediction:
Mr. Li Ming, a senior jade market analyst, pointed out: "The success of this Poly autumn auction's Bi Yu jade session is the result of multiple converging factors. Firstly, after nearly two years of market adjustment, some capital has begun to flow back into art segments with value preservation and appreciation attributes. High-end jade, especially rare Bi Yu jade, due to its scarcity and cultural heritage, has become a favored choice for collectors. Secondly, the gradual stabilization of the global economic situation has also provided a more relaxed macro environment for the art market. Furthermore, Poly Auction's strict selection of lots and precise grasp of market trends were also key to this excellent performance."
Mr. Li Ming further predicted: "In the coming years, the high-end Bi Yu jade market will show a steady upward trend. Investors and collectors should focus on the following categories of Bi Yu jade: first, Qing Dynasty imperial Bi Yu jade artifacts with clear provenance and excellent condition; second, exquisite masterpieces by contemporary jade carving masters, especially those that have won international awards; third, Russian Bi Yu jade and Hetian Bi Yu jade with clear origins, fine texture, and pure color. With consumption upgrading and increasing cultural confidence, the value of jade collection will be further highlighted."
Expert Commentary:
Professor Wang, President of the China Jade Culture Research Association, stated in an interview: "The strong performance of the Bi Yu jade session at this Poly autumn auction is not only a return of market confidence but also a reaffirmation of the value of traditional Chinese jade culture. Bi Yu jade, with its warm, subtle, stable, and grand characteristics, is deeply loved by the Chinese people. In this auction, whether traditional forms or innovative themes, as long as the jade quality was superior and the craftsmanship exquisite, they achieved excellent results. This indicates that collectors' aesthetic and appreciation abilities for jade are continuously improving, and they are paying more attention to the artistic value and cultural connotation of the jade itself."
Professor Wang also reminded that despite the market recovery, investors still need to remain rational and guard against irrational chasing of high prices. He suggested: "Collecting jade should be interest-driven and research-based. Learn more, communicate more, and avoid blindly following trends. Choosing reputable auction houses and dealers is an important prerequisite for ensuring the safety of your collection."
In summary, the success of Poly's 2026 Autumn Auction high-end Bi Yu jade session has undoubtedly injected new vitality into the entire jade market and pointed the direction for future market trends. With the release of more high-quality lots and the recovery of collector confidence, the jade collection market is expected to usher in a more prosperous period.