BEIJING, November 25, 2026 – The highly anticipated Poly 2026 Autumn Auction concluded successfully yesterday. The total transaction value of this auction reached an impressive RMB 2.85 billion, with a sell-through rate of 82.5%. The high-end jadeite jewelry sector performed particularly brilliantly, once again affirming its robust position in the art market.
Undoubtedly, the highlight of this autumn auction was the “Magnificent Jewels and Jadeite” special sale. In this session, several top-tier jadeite bangle lots sparked intense bidding among collectors. Among them, a piece named “Imperial Green Full-Circle Jadeite Bangle,” with its ultimate color, warm texture, and perfect form, finally hammered down at an astonishing RMB 185 million, significantly exceeding its pre-sale estimate (RMB 120 million - 150 million), representing a remarkable increase of 23.3%. According to Ms. Wang, head of Poly Auction's Jewelry Department, the transaction price of this bangle set a new high for similar items in the past two years.
Another highly anticipated “Icy Green Auspicious Jadeite Bangle” also sold for a high price of RMB 78 million, an increase of 30% from its estimate (RMB 50 million - 60 million). In addition, several exquisite jadeite bangles with starting prices between RMB 10 million and RMB 30 million also sold at prices 15% to 25% higher than their estimates, demonstrating strong market demand for high-quality jadeite.
Overall, the total transaction value of the jadeite bangle sector in this autumn auction reached RMB 620 million, accounting for over 65% of the total transaction value of the jewelry special sale. The average sell-through rate for jadeite bangles was as high as 95%, significantly higher than other jewelry categories, fully illustrating their scarcity and investment value in the market.
Market Analysis and Trend Prediction:
Mr. Li Ming, a senior auction industry analyst, pointed out: “The results of this Poly autumn auction once again confirm the resilience of the high-end jadeite market. Against the backdrop of many global economic uncertainties, top-tier jadeite, as a scarce hard asset, its value preservation and appreciation attributes are becoming increasingly prominent. Especially jadeite with pure color and excellent clarity, such as Imperial Green and Icy Green, its price is almost unaffected by macroeconomic fluctuations, but rather continues to rise due to the increasing depletion of resources.”
Mr. Li Ming further analyzed: “In the coming years, we expect the high-end jadeite market to maintain steady growth. On one hand, the continuous growth of the affluent class in Asia, especially mainland China, has led to an undiminished demand for top-tier jadeite; on the other hand, the increasing difficulty and cost of mining high-quality jadeite roughs have led to a continuous tight supply in the market. This supply-demand imbalance will be the main driving force for rising jadeite prices. At the same time, the younger generation of collectors' identification with jadeite culture is also gradually increasing, injecting new vitality into the market.”
Expert Commentary:
Professor Zhang, a renowned jadeite appraisal expert, stated: “The Imperial Green bangle in this auction, whether from its clarity, color, craftsmanship, or completeness, has reached the pinnacle of collectible quality. Its high price is a full affirmation of its intrinsic value by the market. For collectors, investing in such top-tier jadeite not only brings aesthetic pleasure but also serves as a long-term wealth allocation. However, Professor Zhang also reminded investors that the differentiation in the mid-to-low-end jadeite market will be more pronounced, and caution is needed in screening investments to avoid blindly following trends.”
In summary, the success of the Poly 2026 Autumn Auction, especially the outstanding performance of the jadeite bangle sector, has injected a strong boost into the entire art market. The high-end jadeite market will continue to be a hot investment spot worth paying attention to in the foreseeable future.