Warring States Jade Bi Disc Fetches Over ¥2.45 Million, What's the Potential of the Ancient Jade Market?

[Beijing, January 29, 2026] At a highly anticipated auction recently held by China Guardian Auctions, a "Late Warring States Period Celadon Jade Bi Disc with Grain Pattern" was hammered down for a remarkable RMB 2,450,627, significantly exceeding the lower end of its estimated range (¥1,392,305 - ¥2,784,610). This outcome fully demonstrates the strong demand and recognition for high-quality ancient jade in the market. This transaction not only set a new market record for similar items but also sparked in-depth discussions within the industry regarding the future trends of the ancient jade market.

Item Analysis: The Value of a Rare Treasure

The Warring States celadon jade bi disc that was sold is undoubtedly a masterpiece in ancient jade collecting. Its warm jade quality and natural calcification are particularly rare, and its full grain patterns and exquisite carving perfectly embody the peak craftsmanship of jade artistry during the Warring States period. The Warring States period was a crucial stage in the development of Chinese jade culture, where jade objects served not only as ritual vessels and ornaments but also as symbols of status and power. The grain pattern, a popular motif at the time, symbolized harvest and continuous vitality, carrying profound cultural connotations. The excellent preservation and clear provenance of this bi disc collectively form the basis of its high value.

Market Performance: Steady Growth and Value Reversion

In recent years, despite the impact of macroeconomic fluctuations on the global art market, the Chinese art sector, especially antiques and collectibles, has shown strong resilience. Ancient jade, as an important carrier of traditional Chinese culture, has long been undervalued in the market. However, with the improvement of collectors' knowledge and the return of aesthetic tastes, more and more collectors are beginning to focus on the cultural, historical, and artistic value of ancient jade. The high price achieved by this Warring States jade bi disc is a powerful testament to this value reversion.

From the data, the hammer price of this item is in the upper-middle range of its estimate, indicating a high degree of market recognition for such rare ancient jades. Compared with other ancient jade auction data in recent years, we can observe a steady upward trend in the transaction prices of well-preserved, exquisitely crafted, and clearly sourced Warring States and high-ancient jade pieces. This reflects the market's pursuit of "authentic, exquisite, and rare" ancient jades, rather than speculative hype.

Future Outlook: Unlimited Potential for the Ancient Jade Market

Looking ahead, the ancient jade market still holds immense development potential. Several aspects are worth noting:

  • Rising Cultural Confidence: With China's sustained economic development and increasing cultural confidence, the sense of identity with traditional culture among Chinese people is deepening, which will directly drive a continuous surge in ancient jade collecting enthusiasm.

  • Deepening Academic Research: Continuous archaeological discoveries and in-depth academic research will provide a more solid theoretical basis for the dating and appreciation of ancient jade, helping to enhance collectors' discernment abilities and thus promoting healthy market development.

  • International Market Attention: The influence of Chinese ancient jade in the international art market is gradually expanding. In the future, with the participation of more international collectors, the value of ancient jade is expected to be re-evaluated globally.

  • Continued Boutique Strategy: Auction houses and galleries will continue to adhere to a "boutique strategy," only offering ancient jades that have been rigorously selected and possess high artistic and collection value. This will help maintain healthy market order and price systems.


Of course, the ancient jade market also faces challenges, such as rampant fakes and inconsistent appraisal standards. Therefore, for collectors, improving professional knowledge and choosing reputable auction houses and expert consultants are crucial. The successful auction of this Warring States jade bi disc undoubtedly injected a shot of confidence into the ancient jade market, signaling the arrival of a more prosperous and mature era of ancient jade collecting.