Warring States Celadon Jade Bi Disc Breaks Ten Million Yuan Mark, Ancient Jade Market Shows Strong Buying Power Again

Warring States Celadon Jade Bi Disc Breaks Ten Million Yuan Mark, Ancient Jade Market Shows Strong Buying Power Again

Beijing, February 8, 2026 – At Beijing Kuangshi's spring auction held today, a highly anticipated “Warring States Period, Celadon Jade Bi Disc with Grain Pattern” (Lot 1347) hammered for an astonishing 9,140,493 RMB, significantly exceeding its highest estimate of 9,126,942 RMB, almost doubling the upper estimate. This once again demonstrates the strong buying power and collecting enthusiasm in China's ancient jade market, particularly for high-grade Warring States jade.

This Warring States celadon jade bi disc, with its exceptional jade quality, exquisite craftsmanship, and clear provenance, had attracted significant attention from seasoned collectors and institutions even before the auction. Its final transaction price not only set a new market record for similar items but also injected a strong boost into the currently somewhat volatile art market.

#### Market Trend Analysis: Scarcity and Cultural Value Drive Ancient Jade Prices Upward

The successful sale of this Warring States jade bi disc is not accidental but rather a reflection of several deep-seated trends in the current ancient jade market. Firstly, the scarcity of high-grade ancient jade is the core driver of its continuous value appreciation. With the standardization of archaeological excavations and restrictions on cultural relic circulation, the number of exquisite Warring States jade pieces available on the market is increasingly diminishing. Every ancient jade piece in excellent condition, with superb craftsmanship and clear provenance, becomes an irreplaceable treasure.

Secondly, the return and recognition of cultural value are significant factors driving the ancient jade market. The Warring States period was a crucial stage in the development of Chinese jade culture, where jade objects were not only ornaments but also ritual vessels, tokens, and symbols of status. The grain-patterned bi disc, as one of the important ritual objects of that era, carries profound historical and cultural connotations. With the rise of national cultural confidence and the in-depth study and promotion of traditional cultural arts, the historical, aesthetic, and philosophical values embedded in ancient jade are being re-examined and highly recognized, which has continuously increased its appeal in the collecting market.

Furthermore, the attribute of a safe-haven asset amidst global economic uncertainties has also made high-grade art, especially antiques, a preferred tool for investors seeking preservation and appreciation of value. Compared to traditional investment channels like stocks and real estate, the top-tier art market exhibits stronger resilience against risks, especially under inflationary expectations, where its scarcity and non-reproducibility make it an ideal hard asset allocation.

#### Collection Strategy Recommendations: Focus on Masterpieces, Emphasize Provenance and Research

For collectors interested in or already involved in ancient jade collecting, this auction result offers several important insights:

• Focus on Masterpiece Strategy: The market has limited acceptance for ordinary ancient jade, but for museum-quality jade masterpieces, the demand and price elasticity far exceed expectations. In the future, collecting should focus more on rare categories with superior jade quality, exquisite craftsmanship, unique forms, and excellent preservation.


• Value Provenance and Origin: Clear and well-documented provenance not only enhances the appeal of an item but also serves as a crucial guarantee of its authenticity and value. Items with a background from important overseas private collections often gain market trust and higher premiums more easily.


• In-depth Research and Appreciation: Ancient jade appreciation has a high barrier to entry, requiring profound knowledge of history, archaeology, and jade craftsmanship. Collectors should enhance their learning or seek guidance from professional institutions and experts to avoid blind investment.


• Monitor Market Dynamics and Auction Data: By analyzing the latest auction data, one can more accurately grasp market hotspots and price trends, providing a basis for future collection decisions.

The successful auction of this Warring States celadon jade bi disc has undoubtedly injected a strong stimulant into the ancient jade market, indicating that the value of high-grade ancient jade will continue to be recognized and sought after by the market. For collectors, this is both an opportunity and a challenge; how to find genuine and superior pieces in an increasingly competitive market will be the key to future collecting.