【Beijing, May 22, 2026】The highly anticipated Poly 2026 Spring Auction concluded successfully yesterday, achieving a total turnover of RMB 1.85 billion and a remarkable sell-through rate of 82.5%. Among them, the Jewelry and Jadeite session was particularly outstanding, becoming the highlight of this spring sale with a total transaction value of RMB 320 million. In particular, several rare jadeite bangles, with their exceptional quality and scarcity, once again confirmed the strong purchasing power of the high-end jadeite market.
The star lot of this spring auction was a 'Imperial Green Fortune and Longevity Jadeite Bangle'. This bangle, with its fine texture, rich and even color, and excellent translucency, finally hammered at a high price of RMB 88 million, far exceeding its pre-sale estimate of RMB 60 million, with a premium rate of 46.67%. Another 'Icy Green Noble Consort Bangle' also sold for RMB 35 million, an increase of 25% from its estimated price of RMB 28 million. In addition, a 'Glassy Clear Round Jadeite Bangle' sold for RMB 18 million, with the transaction price falling within the estimated range, demonstrating the market's rational pursuit of different categories of jadeite.
From the overall data, the sell-through rate of this jadeite session reached 89%, an improvement from 85% in the same period last year's spring auction, indicating increased market confidence. The average unit price of high-end jadeite also showed a steady upward trend, especially in top categories such as 'Imperial Green' and 'Glassy Jadeite', where the increase was even more significant. According to Mr. Zhang Hua, Head of Poly Auction's Jewelry Department: "The excellent performance of jadeite bangles in this spring auction once again proves the resilience and investment value of rare, high-quality jadeite. Against the backdrop of increasing global economic uncertainty, the attribute of top-tier jadeite as a hard currency is becoming increasingly prominent."
Market analysts generally believe that the high-end jadeite market will continue to maintain steady growth in the coming years. On the one hand, the increasing depletion of high-quality jadeite resources leads to its continuous scarcity; on the other hand, cultural recognition and consumption demand for jadeite remain strong in Asian regions, especially mainland China and Hong Kong. Professor Li Ming, a senior jadeite market analyst, pointed out: "The record-breaking transaction prices of top-tier jadeite bangles are not accidental. This reflects collectors' demand for diversified allocation of art investments and a deep understanding of the intrinsic value of rare gemstones. At the same time, the acceptance of jadeite by the younger generation of collectors is gradually increasing, injecting new vitality into the market."
However, the mid-to-low-end jadeite market faces certain adjustment pressures. In this auction, some ordinary jadeite pieces lacking distinctive features saw relatively stable transaction prices, and some even went unsold. This indicates that the market's aesthetic and investment thresholds for jadeite are rising, and collectors are more inclined to purchase exquisite pieces with collection value and appreciation potential. Experts suggest that for ordinary investors, when choosing jadeite, they should pay more attention to its translucency, color, craftsmanship, and rarity, rather than blindly chasing market hotspots.
Looking ahead, with the gradual recovery of the global economy and the increase in consumer purchasing power, the high-end jadeite market is expected to continue to maintain its unique charm and investment value. Poly Auction stated that it will continue to cultivate the jewelry and jadeite field, presenting more exquisite pieces to collectors and contributing to the healthy development of the market.