Beijing, May 20, 2026 – The highly anticipated Poly Auction 2026 Spring Sale concluded successfully yesterday, setting a new record for total sales, reaching RMB 3.25 billion, with an impressive sell-through rate of 89.5%. Notably, the Jewels and Jadeite section performed exceptionally well, with total sales exceeding RMB 880 million, a 15% increase compared to the same period last year, demonstrating the strong resilience and continuous growth potential of the high-end jadeite market.
The highlight of this spring sale was undoubtedly several rare jadeite bracelets. The leading lot, an 'Imperial Green Glassy Jadeite Bangle with Full Color,' with its nearly perfect texture, rich and even imperial green hue, and substantial size, sparked fierce bidding. Ultimately, this much-anticipated masterpiece was hammered down at an astonishing price of RMB 185 million, a 23% premium over its high estimate, setting a new auction record for similar jadeite bracelets in the past two years. Another 'Icy Green Jadeite Bangle' also sold for RMB 68 million, exceeding its estimate by 15%, with its clear texture and vibrant green tone highly favored by collectors. In addition, several exquisite jadeite bracelets with starting prices ranging from RMB 10 million to RMB 50 million also sold at high premiums, with an average premium rate of 18%, fully confirming the scarcity and value appreciation attributes of top-tier jadeite.
Mr. Li Ming, Head of Poly Auction's Jewels and Watches Department, stated in an interview: "The outstanding performance of jadeite bracelets in this spring sale once again proves the strong market demand for high-quality, rare jadeite. In the current global economic environment, top-tier jadeite, as a hard currency and an art piece, its investment and collection value are increasingly prominent. We observe that the buyer base not only includes traditional seasoned collectors but also an increasing number of young entrepreneurs and high-net-worth individuals, whose aesthetic and investment philosophies for jadeite are more mature and diversified."
Market analyst Ms. Zhang Hua pointed out: "The data from the 2026 spring sale clearly indicates that the high-end jadeite market, especially for jadeite bracelets with perfect appearance and clear provenance, is on a steady upward trajectory. Despite global economic uncertainties, the value attribute of scarce resources makes them a preferred choice for capital hedging and asset allocation. In the coming years, with the increasing depletion of high-quality jadeite rough and the growing consumer demand for personalized and customized jewelry, the price of top-tier jadeite still has room for further appreciation. However, for the mid-to-low-end jadeite market, due to relatively sufficient supply, its price trend will be more influenced by macroeconomic conditions and consumer sentiment, and the differentiation trend will be more pronounced."
This auction not only yielded impressive sales figures but also demonstrated Poly Auction's precise grasp of market strategy. Through global solicitation and rigorous selection, the quality and rarity of the lots were ensured, attracting numerous buyers from Asia, North America, and Europe to participate in the bidding. Looking ahead, industry experts generally believe that the high-end jadeite market will continue to remain active, and jadeite jewelry with cultural connotations and innovative designs will also become new growth points.