Beijing, November 28, 2026 – The highly anticipated Poly 2026 Autumn Auction concluded successfully yesterday. Among the various sessions, the jadeite bangle专场 (special session) performed exceptionally well, with multiple high-end masterpieces fetching prices far exceeding expectations. This not only set several new auction records but also injected a strong boost into the currently somewhat sluggish art market. The total transaction value for this session reached an impressive RMB 380 million, with a sell-through rate of 88%, representing a 15% increase compared to the same period last year, indicating a strong recovery trend in the high-end jadeite market.
The star lot of this session was undoubtedly lot number 0088, the 'Imperial Green Glassy Jadeite Bangle with Full Color.' With its ultimate translucency, rich emerald green hue, and perfect form, after intense bidding, it finally hammered down at an astonishing price of RMB 120 million, far exceeding its estimate of RMB 80 million, achieving a premium rate of 50%. According to Mr. Li Ming, a senior jewelry expert at Poly Auction, the quality of this bangle is rarely seen in auctions over the past decade, and its transaction price also set a new record for jadeite bangles in recent years. Another highly anticipated piece, the 'Icy Green Auspicious Jadeite Bangle,' sold for RMB 45 million, an increase of 25% over its estimate, also performing remarkably.
From the overall data, several significant characteristics emerged from this jadeite bangle session. Firstly, high-quality, rare jadeite bangles continue to be the market's focus. Without exception, the top-selling lots were all premium collections with excellent translucency, clarity, and color. Secondly, the buyer structure has become more diversified. In addition to traditional Asian collectors, private collectors and institutional buyers from Europe and America actively participated in the bidding, indicating that jadeite's global influence is gradually expanding. Finally, the mid-range jadeite bangle market also showed steady growth, with a high sell-through rate, suggesting that market confidence is gradually recovering.
Ms. Wang Li, a veteran jade market analyst, stated in an interview: "Poly's outstanding performance in this autumn auction's jadeite bangle session is undoubtedly an important signal of market recovery. Amid increasing global economic uncertainties, top-tier jadeite, as a rare hard currency, its value preservation and appreciation attributes are becoming increasingly prominent, attracting the attention of many high-net-worth individuals. Especially those unique pieces with historical provenance and exquisite craftsmanship, their collection and investment value will continue to rise. It is expected that over the next two years, the high-end jadeite market will maintain steady growth, while the mid-to-low-end market will gradually recover, but with higher demands for quality and cost-effectiveness."
Mr. Zhao Gang, Executive Director of Poly Auction, concluded: "We are very satisfied with the results of this autumn auction. The success of the jadeite bangle session, in particular, once again confirms Poly's leading position in the jewelry auction field and its accurate grasp of market trends. We will continue to dedicate ourselves to presenting more high-quality art treasures to global collectors and actively exploring new market opportunities."
The success of Poly's 2026 Autumn Auction jadeite bangle session not only brought fruitful results for Poly Auction itself but also injected positive signals into the entire art market, heralding the arrival of a vibrant new era of collecting.