【Hangzhou, May 18, 2026】 The highly anticipated Xiling Yinshe 2026 Spring Auction concluded successfully yesterday. The “Scholar's Objects: Jade Scholar's Objects Special” particularly stood out, achieving a total transaction volume of RMB 125 million, with an impressive sell-through rate of 88.5%, significantly exceeding market expectations and signaling a strong recovery in the high-end jade scholar's objects market.

This special session featured 120 meticulously selected lots, encompassing various jade carved brush pots, seals, paperweights, and water pots from the Ming and Qing dynasties to the modern era. Among them, a white jade carved 'Seven Sages of the Bamboo Grove' brush pot from the Qianlong period of the Qing Dynasty fetched RMB 28 million, surpassing its estimated price of RMB 18 million by 55.5%, drawing enthusiastic applause from the audience. The brush pot boasts warm and delicate jade, exquisite carving, and vivid depiction of figures, fully showcasing the pinnacle of imperial jade carving techniques during the Qianlong era. Another Ming Dynasty Hetian jade carved 'Taishang Huang Bao' seal with a chilong knob was hammered at RMB 15 million, exceeding its estimate by 30%, highly sought after by collectors for its rarity and historical value.

Furthermore, several mid-range lots also performed well. A pair of Qing Dynasty mid-period celadon jade carved plum blossom pattern paperweights sold for RMB 3.2 million, an increase of 28% over its estimate; a Republic of China period spinach jade carved 'Scholar under Pine Tree' water pot fetched RMB 1.8 million, with a premium of 45%. Overall, the average premium rate for this auction reached 22%, a significant increase compared to the 15% average premium rate of similar special sessions at Xiling Yinshe in the same period last year, indicating a substantial rebound in market confidence.

Market Analysis and Trend Prediction:

Mr. Li Ming, a senior auction industry journalist and jade market analyst, pointed out: “The success of Xiling Yinshe's jade scholar's objects special is not accidental. It reflects several key market trends: Firstly, after several years of adjustment, the value of high-end exquisite jade is being re-recognized. Collectors have strong demand for lots with clear provenance, exquisite craftsmanship, and profound cultural connotations. Secondly, scholar's objects, as important carriers of traditional culture, are increasingly prominent in their collection and artistic value, especially favored by a new generation of refined collectors. Finally, the gradual stabilization of the global economic environment also provides favorable external conditions for the art market.”

Mr. Li Ming further analyzed: “From the transaction data, imperial jade ware from the Qianlong period of the Qing Dynasty remains a hard currency in the market, with its artistic and historical value fully reflected. At the same time, high-ancient jade from the Ming Dynasty and jade carvings from the Republic of China period with distinctive characteristics of the era also show considerable growth potential. In the coming years, we expect the jade scholar's objects market to continue to maintain a steady growth trend, especially for those exquisite pieces that combine cultural heritage, artistic aesthetics, and scarcity, their value will continue to rise. However, for ordinary collectors, it is still necessary to be vigilant against fakes and over-speculation in the market, focusing on professional appraisal and rational investment.”

Expert Commentary:

Professor Wang, Vice President of the China Jade Culture Research Association and a renowned jade appraisal expert, stated: “This Xiling Yinshe Spring Auction's jade scholar's objects special not only presented a batch of high-quality lots but, more importantly, provided us with a window to observe the current direction of the jade market. The high sell-through rate and high premium rate indicate a strong demand in the market for genuine, exquisite, and rare jade scholar's objects. Particularly, important pieces like the 'Seven Sages of the Bamboo Grove' brush pot, whose transaction price not only set a new record for similar lots but also further solidified its position in the art market. This undoubtedly played a positive role in boosting the confidence of the entire jade collecting community.”

Professor Wang also emphasized: “With the younger generation joining the collecting community and the increasing identification with traditional culture, the popularity of collecting jade scholar's objects will continue to rise. However, when investing, collectors must conduct in-depth research, improve their appreciation skills, and pay attention to the completeness and traceable provenance of the lots to ensure investment value.”

In summary, the success of Xiling Yinshe's 2026 Spring Auction jade scholar's objects special not only got this year's art market off to a good start but also pointed the way for the future jade collecting market, signaling the arrival of a new phase full of vitality and opportunities.