Xiling Yinshe 2026 Spring Auction Ancient Jade Session: High-Ancient Jades Lead, Market Confidence Steadily Recovers

【Hangzhou, May 18, 2026】The highly anticipated Xiling Yinshe 2026 Spring Auction concluded successfully yesterday, with the 'Ancient Jade Treasures' special session performing exceptionally well. The total transaction value reached RMB 185 million, with a remarkable sell-through rate of 88.5%, significantly exceeding market expectations. This session featured 126 exquisite pieces of high-ancient jades and Ming and Qing dynasty jade carvings, with high-ancient jades, due to their unique historical value and artistic charm, becoming the absolute focus of the auction.

Key Transaction Data Highlights:

* Total Transaction Value: RMB 185 million
* Sell-through Rate: 88.5%
* Highest Transaction Price: A late Warring States period 'Grain Pattern Bi Disc' was hammered at RMB 38 million, exceeding its upper estimate by 30%, acquired by a seasoned private collector.
* Second Highest Transaction Price: A Western Han dynasty 'Chilong Dragon Pattern Jade Belt Hook' sold for RMB 22 million, with a premium rate of 45%.
* Average Premium Rate: The overall average premium rate for this session reached 28%, indicating strong demand from collectors for exquisite ancient jades.
* High-Ancient Jade Performance: All 55 high-ancient jade pieces (Warring States to Han Dynasty) in the session were sold, accounting for over 70% of the session's total transaction value.

Market Analysis and Trend Prediction:

The success of Xiling Yinshe's spring auction ancient jade session undoubtedly injected a strong shot in the arm for the currently somewhat cautious art market. From the transaction results, it is evident that the market's demand for high-quality, clearly sourced, and well-preserved high-ancient jades remains robust. Especially those pieces with clear dating, exquisite craftsmanship, and rich cultural connotations, their value was fully realized.

Mr. Li Ming, a senior jade market analyst, pointed out: "In recent years, with the improvement of collectors' knowledge and the return of aesthetic tastes, the value of high-ancient jades is being re-recognized. They are not just exquisite artworks, but also tangible evidence carrying the history of Chinese civilization. The success of Xiling Yinshe indicates that the high-ancient jade market, after several years of adjustment, is gradually entering a steady upward channel."

At the same time, we also observed that the Ming and Qing dynasty jade carving market performed relatively stably, but exquisite pieces could still command good premiums. For example, a Qianlong period 'White Jade Carving of Immortals Celebrating Longevity' sold for RMB 6.5 million, in line with market expectations. This shows that collectors are more rational in their selection of Ming and Qing jade carvings, focusing more on craftsmanship, jade quality, and traceable provenance.

Expert Commentary and Market Participant Views:

Wang Qiang, head of the Jade Department at Xiling Yinshe Auction Co., Ltd., stated: "We are very satisfied with the performance of this ancient jade session. The remarkable achievements of high-ancient jades are, on one hand, due to our strict selection criteria and professional academic verification, ensuring the authenticity and rarity of the auction items; on the other hand, it also reflects the market's deep recognition of traditional Chinese culture and optimism about the investment value of high-ancient artworks."

An anonymous senior collector commented after the auction: "I have been following the high-ancient jade market, and the quality of the items in this auction was exceptionally high. Especially that Warring States grain pattern bi disc, whether it's the jade quality, carving, or historical significance, it's perfect. I am very honored to have acquired it. I believe the value of high-ancient jades will continue to grow in the future."

Looking ahead, with the continued recovery of the domestic economy and the strengthening of cultural confidence, it is expected that the high-end art market, especially the ancient jade sector with its profound historical and cultural heritage, will continue to attract more capital and attention. However, the market will also pay more attention to the authenticity, condition, and cultural value of the auction items, and speculative investment behaviors will face greater risks. For collectors, in-depth research and careful selection remain the golden rules for participating in the ancient jade market.