Warring States Celadon Jade Bi Disc Sells for High Price: Ancient Jade Market Remains Robust, Premium Pieces Continue to Appreciate

[Hong Kong, December 29, 2025] Christie's auction house today witnessed a remarkable sale in its 'Important Chinese Art' auction. A highly anticipated Late Warring States Period celadon jade bi disc (Lot 2718) fetched an astonishing 6,754,708 RMB, significantly exceeding its estimated range of 3,209,283 to 6,418,566 RMB. This outcome once again confirms the strong buying power and investment value within the Chinese ancient jade market, particularly for premium pieces from the Warring States period.

This particular piece, approximately 16.5 cm in diameter, features a warm, delicate jade quality with an elegant celadon green hue, and is meticulously adorned with exquisite grain patterns on both sides. Its regular form, fine jade material, and the vigorous carving characteristic of the Warring States period all underscore its extraordinary artistic value and historical significance. As an important ritual object and ornament during the Warring States period, the grain-patterned bi disc embodies ancient aspirations for harvest and prosperity, possessing profound cultural connotations that have consistently attracted collectors.

This high-value transaction is not an isolated incident but rather a microcosm of the current trend in the ancient jade market. In recent years, amidst global economic fluctuations, the art market, especially the traditional Chinese art market, has demonstrated its unique safe-haven properties and investment value. Among these, archaic jade, due to its scarcity, historical and cultural value, and irreplicability, has become a focal point for many seasoned collectors and institutional investors.

Market Analysis: The Value Logic of Premium Ancient Jade

  • Scarcity and Irreplaceability: The Warring States period dates back over two millennia, and the number of jade artifacts surviving to this day is limited, with premium pieces being exceedingly rare. With the standardization of archaeological excavations and strengthened cultural relic protection, opportunities for new archaic jade pieces to enter the market are diminishing, making existing circulating premium pieces even more precious.


  • Historical and Cultural Value: Warring States jade artifacts are not only exquisite works of art but also crucial physical materials for studying ancient Chinese society, culture, and ritual systems. Each piece of archaic jade carries a segment of history and profound cultural heritage, its historical value far exceeding its material worth.


  • Artistic and Aesthetic Value: Warring States jade carving reached a pinnacle in Chinese jade history, characterized by powerful and vigorous knife work, intricate and elaborate patterns, and grand, majestic forms. The bi disc sold in this auction is a prime example, its superb craftsmanship and unique aesthetic style setting it apart in the art market.


  • Expanding Global Collector Base: With China's economic rise and deepening global cultural exchange, an increasing number of international collectors are turning their attention to and collecting Chinese art. Archaic jade, as a treasure of traditional Chinese culture, is gaining increasing international influence, injecting new vitality into the market.


Future Outlook: Steady Growth and Structural Differentiation

Looking ahead, we anticipate that the ancient jade market will continue to maintain a steady growth trajectory, but internal market differentiation will emerge. Emphasis on premium quality, academic rigor, and clear provenance will become the dominant trends.

  • Premium Quality: Only archaic jades with complete condition, superior jade quality, exquisite craftsmanship, and profound cultural connotations will continue to command high premiums. Ordinary pieces or those with questionable aspects will likely see stable or even challenging market performance.


  • Academic Rigor: Archaic jades with clear archaeological backgrounds and academic research value will be more favored by professional collectors and cultural institutions. Auction houses will also increasingly focus on historical verification and cultural interpretation of their lots in catalog production and promotion.


  • Clear Provenance: The orderly circulation and reliable provenance of a piece are crucial guarantees of its value. Archaic jades with clear collection records and published references will more easily gain the trust and recognition of buyers.


The successful sale of this Warring States celadon jade bi disc undoubtedly injects a strong boost into the ancient jade market and once again reminds us that in art investment, profound cultural heritage and outstanding artistic value are the core competencies that transcend market cycles. For collectors, in-depth research, careful selection, and a focus on premium pieces remain the golden rules for future archaic jade investment.