【Hangzhou, May 28, 2026】Xiling Yinshe's 2026 Spring Auction concluded successfully yesterday, with the highly anticipated “Ancient Jade Brilliance – Chinese Ancient Jade Session” performing exceptionally well. The total transaction value reached RMB 185 million, with an impressive sell-through rate of 82.5%, significantly exceeding market expectations. The success of this session not only highlights the strong potential of high-ancient jades in the collectibles market but also signals a return of confidence in the art market amidst global economic recovery.
The ancient jade session featured 120 carefully selected lots, covering various jade artifacts from the Neolithic period to the Ming and Qing dynasties. Among them, a “Hongshan Culture Jade Pig Dragon” fetched the highest price at RMB 38 million, a 52% premium over its estimated price of RMB 25 million, becoming the highlight of the entire session. This jade pig dragon, with its archaic form, lustrous jade quality, and exquisite craftsmanship, fully embodies the unique charm of Hongshan culture jade. Following closely was a “Warring States Period Grain Pattern Jade Bi Disc,” which hammered at RMB 22 million, exceeding its estimate by 37.5%. Additionally, a “Liangzhu Culture Jade Cong” also sold for RMB 15.5 million, demonstrating the continuous appeal of high-ancient jades, especially prehistoric jades, among top collectors.
From the data, the average price per lot in this session reached RMB 1.54 million, an 18.5% increase compared to Xiling Yinshe's ancient jade session in the same period last year. Particularly, high-quality high-ancient jades estimated above RMB 5 million achieved a 95% sell-through rate, with an average premium rate exceeding 30%. This indicates a strong demand in the market for high-grade ancient jades with clear provenance, excellent condition, and outstanding cultural value, with collectors willing to pay high premiums for rarity and historical significance.
Mr. Lu, General Manager of Xiling Yinshe Auction Co., Ltd., stated in an interview: “The success of this ancient jade session is the result of multiple converging factors. Firstly, the gradual improvement of the global economic environment has boosted the confidence of high-net-worth collectors in art investments. Secondly, we strictly control the quality of our lots, ensuring that every piece of ancient jade undergoes rigorous authentication by our expert team, providing a solid foundation of trust for collectors. More importantly, against the backdrop of the revival of traditional Chinese culture, the profound historical and cultural value embodied by high-ancient jades is being recognized and sought after by an increasing number of collectors.”
Professor Wang, a senior jade collector and renowned cultural relics scholar, also highly praised the auction results. He pointed out: “The value of high-ancient jade lies in its irreplaceable historical, artistic, and rarity. The success of this Xiling Yinshe Spring Auction, especially the excellent performance of exquisite jade artifacts from the Hongshan, Liangzhu, and Warring States periods, once again proves that the top-tier high-ancient jade market has strong risk resistance and investment value. In the coming years, with in-depth research and the popularization of market education, the value of high-ancient jade will be further explored, and its collector base will continue to expand.”
Market analysts believe that the success of this Xiling Yinshe ancient jade session has injected a strong boost into the art market for the second half of 2026. It is expected that the high-ancient jade market will continue to maintain steady growth in the next year, especially for museum-quality collectibles with clear dating, traceable provenance, and pristine condition, which still have significant room for price appreciation. At the same time, the mid-to-low-end ancient jade market will also benefit from the overall improvement in market sentiment, but collectors should still exercise caution when investing, focusing on authenticity identification and value judgment. The success of this Xiling Yinshe auction undoubtedly sets a new benchmark for the Chinese ancient jade market and sends a positive signal to the global art market.