【Beijing, May 18, 2026】Poly Auction's highly anticipated 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 88.5%. The jewelry and jadeite section was particularly outstanding, achieving a total transaction value of RMB 680 million, becoming the highlight of this spring auction. Notably, several high-quality jadeite bangles, with their rarity and exquisite craftsmanship, repeatedly set new records, demonstrating the robust resilience and growth potential of the high-end jadeite market.
The star lot of this spring sale was an imperial jadeite bangle named “Imperial Green Fortune and Longevity”. This bangle, boasting exceptional clarity, intense and vibrant color, and a delicate, warm texture, ultimately hammered for an astonishing RMB 125 million, significantly exceeding its pre-sale estimate of RMB 80 million, with a premium rate of 56.25%, making it the highest-priced lot of the auction. Another “Icy Green Noble Concubine Bangle” also performed remarkably, selling for RMB 68 million, an increase of 51.1% over its estimated price of RMB 45 million. Overall, the average transaction price for jadeite bangle lots in this spring sale increased by approximately 15% compared to the same period last year, with the sell-through rate remaining at a high level of over 95%, indicating collectors' sustained pursuit of top-tier jadeite.
From a data analysis perspective, the success of this spring auction was not accidental. In recent years, despite complex and volatile global economic conditions, the high-end art and rare jewelry markets have shown a counter-cyclical upward trend. Particularly jadeite, as a treasure of traditional Chinese culture, its non-renewable nature, scarcity, and unique oriental aesthetic value make it an important choice for high-net-worth individuals for asset allocation and wealth inheritance. Ms. Li Ming, Head of Poly Auction's Jewelry Department, stated: “The outstanding performance of jadeite bangles in this spring sale once again confirms the anti-depreciation and value-preserving attributes of top-tier jadeite. We have observed that collectors' investment enthusiasm for jadeite treasures with excellent clarity, color, and texture, clear provenance, and exquisite craftsmanship remains high, and they are willing to pay higher premiums.”
Market analyst Mr. Wang Qiang pointed out: “The current jadeite market shows a two-tiered polarization trend. On the one hand, the demand in the mid-to-low-end jadeite market has slowed down due to the overall economic environment; on the other hand, the high-end and even top-tier jadeite market is exceptionally active, with prices continuing to climb. This is mainly due to the increasing depletion of high-quality jadeite rough, leading to a sharp decrease in the supply of top-tier jadeite. The principle of 'rarity commands value' is fully reflected in the jadeite market. In the next few years, we expect the prices of top-tier jadeite to maintain steady growth, especially high-end custom jadeite with historical heritage or unique designs, whose collection value and investment potential will be even more prominent.”
The success of this auction also benefited from Poly Auction's professional expertise in lot solicitation, appraisal, and promotion. Several industry experts provided detailed interpretations of key lots before the auction, boosting collectors' confidence. At the same time, the integrated online and offline auction model further broadened buyer channels, attracting collectors from around the world to participate in bidding.
Looking ahead, with the continuous growth of global wealth and the pursuit of scarce resources, the high-end jadeite market is expected to continue to maintain its unique charm and investment value. Poly Auction will also continue to deeply cultivate the jewelry and jadeite field, presenting more rare treasures to collectors and leading market trends.