【Beijing, November 20, 2026】The highly anticipated Poly Autumn 2026 Art Auction concluded successfully yesterday. The 'Splendid Accumulation – Masterpieces of Chinese Jade Carving' special session was particularly striking, with several master jade carvings fetching prices far exceeding expectations, once again affirming the strong vitality of the high-end jade art market. The total transaction value of this autumn auction reached RMB 3.25 billion, with a transaction rate as high as 82.3%. The master jade carving session, in particular, achieved a transaction rate of 95.8% and a total transaction value exceeding RMB 850 million, an 18.7% increase compared to the same period last year.
This special session presented 120 exquisite works by master jade carvers, covering various materials such as white jade, jasper, and ink jade. The themes were diverse, and the craftsmanship was superb. Among them, the highly anticipated highlight – the 'Auspicious Beasts Presenting Good Fortune' white jade ornament carved by Chinese Arts and Crafts Master Wang Lin – sparked fierce bidding due to its warm jade quality, ingenious composition, and lifelike auspicious beast depiction. Ultimately, the piece sold for a staggering RMB 82 million, a 64% premium over its upper estimate (RMB 50 million), becoming the 'King of Jade' at this autumn auction. Another piece, 'Sound of Mountains and Waters' jasper mountain carving by young jade carving master Li Ming, with its unique artistic conception and exquisite openwork carving, fetched RMB 38 million, far exceeding its estimate of RMB 20 million, a remarkable 90% increase. Furthermore, multiple jade carvings estimated between RMB 5 million and RMB 15 million were sold at 1.2 to 1.5 times their upper estimates, demonstrating the market's strong pursuit of exquisite jade carvings.
Market Analysis and Trend Judgment:
Mr. Zhang Hua, a senior auction industry analyst, pointed out: "The excellent performance of Poly's master jade carving session in this autumn auction is not accidental. In recent years, with the continuous development of China's economy and the enhancement of cultural confidence, collectors' demand for traditional art pieces with cultural heritage and artistic value has been growing. Jade carving, as a treasure of traditional Chinese culture, its artistic value and scarcity make it a safe-haven asset and a preferred investment in the high-end collection market. Especially master-level works, their artistry and uniqueness determine their stable upward price trend. We expect that within the next five years, the market value of high-quality master jade carvings will maintain a steady growth of 10% to 15% annually."
Professor Wang, a jade market commentator, also stated: "The results of this auction clearly send a signal: the market's recognition of master jade carvings continues to increase, especially those young jade carving masters who possess both innovative spirit and traditional skills. Their works are gradually becoming new favorites in the market. At the same time, we observe that the buyer base is becoming younger and more international. They not only focus on material and craftsmanship but also pay more attention to the cultural connotations and artistic expression embedded in the works. This indicates that the jade art market will usher in a more diversified and international development pattern."
Expert Comments and Market Insiders' Views:
Mr. Li Qiang, Vice President of the Gems & Jewelry Trade Association of China, said in an interview: "The success of Poly's autumn auction, especially the outstanding performance of the jade carving section, has injected a shot in the arm for the entire jade industry. It not only demonstrates the infinite charm of Chinese jade carving art but also provides a broader platform for master jade carvers. In the future, the association will continue to be committed to promoting the inheritance and innovation of jade carving art, guiding the healthy and orderly development of the market, and allowing more people to appreciate the profoundness of jade culture."
A senior collector, who wished to remain anonymous, commented: "I have been following the jade carving market for over twenty years, and in recent years, the scarcity of master-level works has become increasingly prominent. Today's auction results once again prove the saying that 'good jade finds its buyer.' For works with true artistic value and historical precipitation, regardless of market fluctuations, their value will ultimately be realized. I am very optimistic about the long-term development of the jade carving market."
In summary, the success of Poly's Autumn 2026 master jade carving special session not only injected confidence into the market but also pointed the way for the future development of the high-end jade art market. With the maturation of collection concepts and the upgrading of market demand, jade art pieces will continue to hold an important position in the art auction market.