Contemporary jade auction market trend

In the afternoon of July 16th this year, a group of white jade ornaments of Qing History created by Chinese jade carving master Wu Desheng produced 10.35 million yuan in the spring auction of Xiling Yinshe Auction Company. This was the first time in the history of contemporary jade auctions. The 10 million yuan worth of works created the highest auction price for contemporary Chinese jade carvings, which has had an important impact on the collection and auction of contemporary jade articles.

This group uses the characters of the Xinjiang Hetian seed material, which was created from the four ancient Chinese beautiful women as the prototype. It delicately and vividly shapes the characters of the four lovers of the moon, Xie Zhaojun, drunken nobles and crested Xishi. In 2007, they participated in the China review. Jade carving "Tiangong Award" won the gold medal.

Excellent jade, exquisite workmanship, exquisite carvings, excellent subject matter and award-winning works. Wu Desheng's jade carvings have all the essential elements as outstanding works, providing a typical sample for contemporary jade carvings.

Although a small number of jewellery and jade companies operated by professionals have long insisted on holding auctions, they are limited in size and their influence is always limited. Since 2009, Xiling Yinshe Auction Company and Hangzhou Boguan Auction located in Hangzhou have invested considerable effort to promote contemporary jade sculpture auctions, which has promoted the promotion of contemporary jade auctions.

Xiling Yinshe Auction Sample On December 20, 2009, Xiling Yinshe Auction Company took the lead in introducing the first Chinese contemporary jade carving masterpieces in the Hangzhou Autumn Auction, breaking the zero of the large-scale art auction company contemporary master jade carving auction. Record. Eighty-eight works of 28 jade carving masters shot 68 with a turnover rate of 83.95% and a turnover of 26,193,300 yuan. The 81 top-selling items were from Ke Yingwen, Yan Guiming, Yan Huizhong, Liu Zhongrong, Ni Weibin, Yu Xin, Hong Xinhua, Cui Lei, Yu Xuetao, Huang Hanyong, Su Ran, Wang Ping, Yang Lan, Ma Jingui, Jiang Xi, and Yu. Boats, Gao Yijin, Yuan Jiaxuan, Wu Desheng, Ye Jinlong, Yan Yiwei, Weng Zhuhong, Yi Shaoyong, Jiang Chunyuan, Fan Junmin, Cao Yang, Wu Jinxing, Wu Zaofa's hands. Looking at the material of the auction items, 81 items were dominated by Hetian jade, which accounted for 76 pieces, of which Baiyu was the bulk, a total of 70 pieces, Jasper 3 pieces, Qingbaiyu 2 pieces, and Topaz 1 piece; followed by crystals 3 pieces, hair crystals 1 piece. , Black Stork 1 piece. High-priced items are all Hetian Baiyu. The auction price of 4 lots of auction products surpassed 1 million yuan, and the number of Yuhu's top-grade pots was 2.128 million yuan. The number of works by Yingying Weiwei in 2007 was 168 million yuan. The number of Ma Jingui's works in 2009 by Bai Yuchao's golden dragon was 136.8 million yuan. Gao Yijin's work in 2008 opened a wealthy white chain bottle of 1.456 million yuan.

Some time before and after this special shoot, most people inside and outside the industry held a wait-and-see attitude. However, the company has successively successfully held four special auctions. At present, this special event has become a reference sample of the contemporary jade auction market, and the investment , collectors and auction practitioners have had a lot of influence.

In the spring of 2010, the company's auction volume increased to 117, with a transaction rate of 78.63% and a turnover of 22.7741 million yuan. The number of jade sculpture masters photographed on the site increased to 38, with the addition of 14 masters from Song Shiyi, Yang Chuanlie, Zhao Xianzhi, Fan Tongsheng, Yin Jianguo, Ge Hong, Xu Zhihao, Shen Desheng, Sun Yong, Guo Wanlong, **, Li Dong, Cao Ping and Tang Weiqi. works. In 2005, the 1998 "Yigong Award" was awarded the "Tiangong Award" outstanding prize. In 1998, Ruyi Guanyin Baiyue Decoration won 2.688 million yuan. Su Ran's 2006 work, Hengchang Yongshou Deck was 1.44 million yuan, and Cao Yang won the "Tiangong Award in 2009." “The Excellence Award for the work of Baiyue brand in 2008 was paid for RMB 896,000, and Cao Yang’s poetry in the same year was for RMB 67.2 million for poetry and Baiyue Shanshui. Cui Lei’s promotion of Baiyu Decoration for RMB 840,000 in 2009 was completed. Yang Hao, 2009 The Willow Guanyin White Jade brand sold for RMB 672,000.

In the autumn of 2010, the number of special works increased to 143, an increase of 26 more than the spring auction, the turnover rate was 85.31%, and the turnover reached 39.991 million yuan, which was more than 16 million yuan in the spring turnover, or an increase of 73%. Then add the works of Gu Yongjun, Zhong Jianlin, Lu Aifeng, Jiang Hongli, Zhang Hongjun, Duan Bingquan, Liu Jianxin, Zhou Yanming, Hou Xiaofeng, Cao Wei, Xiao Jun, Lu Kaifei, Wang Jianwei and Zhang Huanqing. More than 10 works sold for more than one million yuan, Ma Jinui, Yuan Guangru's gold and silver inlaid gem bottled in Fushou in 2009 was 2.128 million yuan, and Xu Zhihao won the “Tiangong Award” bronze medal in 2009 for his intoxicated drunken white jade jewelry in 179.2. Ten thousand yuan, Duan Bingquan won the "Tiangong Award" outstanding award in 2009, the Tibetan King Buddha white jade ornaments 1.568 million yuan, Wu Desheng 2008 Jiangshan beautiful ornaments 1.4 million, Cao Yang Hua Tong Association in 2005 White Jade pair of 1.344 million Yuan, Wu Desheng's Yunshang degree in 2009 was 1.34 million yuan in Chunhua white jade ornaments, and Xie Yiwei in Xitang in 2008 had a white jade medal of 1.344 million yuan. In 2009, Yu Tao’s set of 12 thin-bodied doughnut bowls was 1.232 million yuan, Ge Hong 2010. In the year of Longwei Baiyu brand 1,075,200, Gao Yijin received the "Tiangong Award" in the year of 2009. The white jade pot was 1.08 million yuan.

In the spring auction this year, many auction companies began to increase the scale of contemporary jade auctions. On July 16th, Xiling Yinshe made a spring shoot. The number of famous jade carving artists in the auction has increased to 43. Eight more artists have been added to Song Mingfang, Xia Huijie, Zhang Kejian, Guo Haijun, Chen Jian, You Zhiguang, Zhao Qi, and Chen Jian. As well as Tianhe jade carving studio, the number of famous artists increased by 53%. The number of auction items has also increased to 143, exceeding the number of the first special shoots in 2009, with an increase of 93%. 143 works were sold at 79.72%, with a turnover of 4503.29 million yuan, an increase of more than 1800 million yuan compared with the initial turnover of 26,129,300 yuan, an increase of 69%. The prices of six works sold in the special event exceeded one million yuan. Wu Desheng's works have a collection of estimated 7 million to 10 million yuan in white dust, and finally sold for 10.35 million yuan, becoming the highest-priced contemporary jade carving works in auctions. In addition, Yu Tai’s white jade dragon ear vanilla censer 4.14 million yuan, Zhang Qingqiang's sitting watching Yunqi blue-and-white Yushanzi 3.45 million yuan, Li Lijun’s fishing pole ploughing to read the town 2.2224 million yuan, Cao Yang’s four gentlemen Baiyu deck 1.38 million yuan Ge Hong's Tian Ma Xing blanked a piece of 109.25 million yuan.

In two years, it can be seen from the obvious changes in the auction size, transaction rate, transaction price, turnover, and other aspects of the above four auctions that contemporary jade auctions have been steadily increasing since 2009.

Beijing Boguan’s auction sample Beijing Boguan started its involvement in contemporary jade auctions in 2006 and has a good reputation in the jade collection circle. On December 19, 2010, the company's contemporary jade carving autumn auction totaled 34.10 million yuan, and the turnover rate was 49.14%. It was the best performance of the Boguan auction for years. The works of Chinese jade carving master Fan Junmin, the 9th "Tiangong Award" gold medal and Tian Qingyu Tiliang pots were sold for 710,000 yuan, and the 8th "Tiangong Award" gold works and Tian Yu Liu Xiongdong met the fairies with 900,000 yuan. The Chinese jade carving stone "Tiangong Award" gold works Baiyu Shuicheng Sanhe deck 1.82 million yuan transactions, the Chinese jade carving master Wang Ping's "Hetian jade Guanyin Decoration" to 7 million yuan transactions.

On June 12th this year, at the auction of Beijing Boguan’s 5th Anniversary, 369 pieces of contemporary Hetian jade carvings were sold with 169 pieces. The turnover rate was approximately 45.8%, and the turnover was 40.29 million yuan, which was an increase of 6.19 million yuan from the 34.1 million yuan photographed in the autumn of last year. yuan. The 9th "Tiangong Award" Bronze Works Persuaded 1.132 million yuan to trade, and the 5th "Tiangong Award" Excellent Works and Hetian Yu Seed Materials Fortune and God Decoration reached 1.064 million yuan. Liu Zhongrong, a master of Chinese arts and crafts, and a master of Chinese craftsmanship The Hetian jade seed material was sold for 1.456 million yuan.

Contemporary jade jewelry auction trend pointed out to an expert engaged in auctions, Hetian jade accounted for the absolute mainstream, masterpieces rose a piece, less boutique, jade licensing, the popularity of popular pieces, is the current trend of contemporary jade auction.

The rising word is not only reflected in the transaction price of a single piece of jade work, but also in the number of auction items, transaction rate, turnover, and other aspects. Meeting outsiders in the market, high prices have become one of the most universal and most resonant topics. On the auction market, the price of famous boutiques will almost always fall on the highest valuation end. There was an rumors from the workshop that “the fine white fat of suet is only 20-30 yuan per gram 10 years ago, and it has risen to 800-1000 yuan five years ago. In 2010, it was already priced at 1-2 million yuan.” Although there is no evidence available, it is difficult to admit it, but at least it shows that the price of Hetian jade has risen quite dramatically. Although there is no specific case for the sale of raw materials by grams, according to jade carving works sold at the auction, the value per kilogram of finished products has become the norm.

Take the example of Xiyu Yinshe Ying Weiying Baiyu in autumn in 2009, this brand weighs only 150 grams and takes 1.68 million yuan, which is more than 10,000 yuan per gram. However, if there is no design and skillful carving, it is obviously a piece of prime. The Baiyu brand cannot be sold for millions. This spring, the company's 10.35 million yuan deal in Wu Desheng's work is a set of four pieces of Qing Shi Xiang Chen white jade ornaments, including 248 grams of heavy weight, Zhaojun 278 grams, Xi Shi 237 grams, 326 grams of Yuhuan, a total weight of 1089 grams, per gram More than ten thousand yuan. Some experts have reported that there have been reports in the media that Hetian Yutian’s material has reached 120,000 yuan to 1 gram, which is extremely rare in actual transactions and is only a speculation. After all, jade is not an instrument, and the artistic life of jade is due to the genius' design and the exquisite craftsmanship. It leaves the artistic expression of human emotion expression. The original stone itself does not have true artistic value.

The number of raw materials and the quality of the products are outstanding. The number of raw materials for Hetian jade is getting smaller and smaller, and the prices are getting higher and higher. The retail and wholesale markets are worth a day. The supply of contemporary jade carving masters' jade carving works is also getting less and less. Most of them have masters of Chinese arts and crafts masters and Chinese jade carving masters. Their masterpieces are in short supply. The masters of the market are more recognized, and the ordering of their works is even a year or two later. In order to spot, sometimes you can only buy at a higher price, or bid from an auction. The popular leak detection theory is hard to see in the contemporary jade auction market. The awards for “Tiangong Award” and “Hundred Flowers Award” with high reputation in China are limited in the number of award-winning works each year. Taking the “Tiangong Award” in 2010 as an example, 29 gold works, 43 silver awards, and bronze awards were awarded. Forty-seven, 13 works won the Craft Prize, 12 works won the Creative Award, 308 won the Excellence Award, and only 452 of the year's award-winning works. In late November of this year, the "Tiangong Award" will usher in the tenth year. If we refer to the number of award-winning works in the past year, we will have 452 in each session and only 4,520 in ten years. If the quantity is small, the price is high, but it is only the basic law of the art market.

The award-winning works and masterpieces have been hitting auctions of high-priced Hetian jade carvings over the years, focusing on award-winning works of various jade carving awards, followed by works by Chinese master craftsmen and Chinese jade carving masters. Jade expert Gu Fang believes that jade masters created only 160 pieces to 200 pieces during their golden period of creation. If this is deduced, suppose that there are 500 jade carving masters in the country, so the quality of their creations is only 100,000 at the most. For a large country with 1.3 billion people, this data is obviously still in short supply and is an absolute scarce resource. It is also impossible to produce 500 masters. Taking the selection of "Chinese jade carving masters" as an example, the reporter verified by the website of the China Jewelry and Jewelry Industry Association that the first 54 jade carving masters were awarded the prize, 31st in the second session, 30th in the third session, and 2011th There were a total of 146 in the 31st and 4th sessions of the fourth session. The number of jade sculpture masters who are known as masters of Chinese arts and crafts is far less than this, and many masters overlap in these two awards. The titles of the two masters are selected. The total number of artists will not exceed 300. In addition to the masterpieces, the works that attracted the most attention from buyers in previous auctions are the works of famous young and middle-aged artists. Although their prices are lower than those of masterpieces, the works of potential young and middle-aged masters are still the favourites of expert families. Describe it as a potential stock. An operator in Beijing revealed that “collectors can’t blindly and unilaterally pursue the work of masters. They can't just name it. They also have to look at specific works to speak. Not every piece has a high collection value. ”

Jade carvings are of a single material. This is a common phenomenon in auctions. Hetian jade dominated the auction scene, sometimes accounting for more than 90% of an auction. Although this shows that Hetian jade has the highest market recognition, it also reflects that the contemporary jade collection market is still in its infancy. Although we have a history of 5,000 years of jade civilization, the vast majority of collectors have not really come from the history of jade culture. From the perspective of collecting and exploring jade articles, the market is full of speculative atmosphere. In fact, among the award-winning works of the past years, it is not Hetian Yu who lives in the family.

Among the “Tiangong Award” winners in 2010, 144 Gold, Silver, Bronze, Craft, and Creative Awards were made in addition to the Outstanding Awards. The material is rich and varied, including Hetian jade, jadeite, topaz, jasper, and sapphire. Baiyu, Moyu, Mobi, Huayu, Miyu, Laoyu, Taishan Jade, Dushan Jade, Saitama, Huanglongyu, Heyu Jade, Crystal, Titanium Crystal, Tea Crystal, Amber, Agate, Coral, and Bloodstone, Lingbi Stone, Changhua Stone and other national stones (according to the material description of the winning list), of which only 44 are Hetian jade, and 23 are jade, even with Huang Yu, Jade, Sapphire, Baiyu, Moyu, and Mobizhong. It is possible that there are 36 works of Hetian jade, and there are no more than 80 works of Hetian jade, accounting for only 55% of 144 items. Therefore, if the collection of jade articles only focuses on Hetian jade in terms of material, it is obviously not able to reflect the profoundness of Chinese jade culture. Not Hetian jade, other jade species have no collection value. Evaluation of the value of jade material is the primary consideration, but as a high value-added art, the high value-added of jade carving should be its design level, craft value, decorative theme and other factors. The value of the material is only a benchmark price. The master jade sculptures that have been sold at high prices have all reflected this point.

Jade cards, playing small pieces popular from the shape of the jade carving works, although the large-scale furnishings are dominant in the price, but the popularity is wenwan sketch, jade, round carving to play more prosperous. In the autumn of 2009 by Xiling Yinshe, in the 2008 ceremony, Yu Huang of the “Tiangong Award” silver medal was sold for 2.128 million yuan, and the Qianying Baiyu brand, which won the gold medal of “Tiangong Award” in 2007, also captured 1.68 million. Yuan, we can see that the price of Xiaoyu is not low. In the company’s four auctions, 6 sets of jade cards were sold for more than a million yuan.

With the improvement of people's living standards, the concept of Peiyu and Yuyu has become a popular trend. It is convenient to wear, evaluate at any time, and play the Yupai and small pieces of the market less than inferior to jade ornaments. This year the Xiling Yinshe Spring Auction, No. 392 Ge Hong's Tianma line blank jade piece, 6.4 centimeters long, carved in Xinjiang Hetian jade seed material, style simple and neat, estimated 700,000 to 900,000 yuan, and finally to 1.092 million yuan transactions. In the same field, Cui Lei's 6.6-cm-high Xinjiang Hetian jade seed material, Wang Zicheng, and white jade pieces were also sold for 690,000 yuan.

The evaluation criteria of jade sculptures need to keep pace with the times. People from both inside and outside the industry talked about jade. They both deferred Hetian jade and jadeite as representatives of two types of soft and jadeite. Therefore, they also became synonymous with jade, which also caused the concept of jade. The long-term neglect of other valuable jade species, along with the constant popularity of jade culture, is undergoing profound changes. In the "Tiangong Award" winning entries, the number of winning jade sculptures of other materials is gradually increasing.

Zhang, a long-term jewellery operator in Beijing, pointed out that "In recent years, the prices of various gems in the primary market have risen dramatically, with ruby, sapphire, tourmaline and coral as the representative. Their prices have even surpassed that of the previous year. The success of jade carvings and jewelry auctions at the auction shows that the auction of contemporary jade and jewelry in the Mainland has steadily entered the initial stage, which was unthinkable five years ago.” Beijing Rongbao began experimenting with high-end jewelry in the four-season auction last year. Jewelry auctions, approachable prices, materials, and craftsmanship principles have attracted many collectors. The results surprisingly ushered in a good start. After that, the auctioned lot sizes, transaction rates, and turnover have continued to rise. The auction rate for auction of jade sculptures in Beijing's Tibetan-Tibetan Museum has been surprising since last year.

Experts pointed out that with the rapid increase of collections and investment groups, the demand for artworks has also increased. Ancient art is a non-renewable resource with a limited number, and it has been difficult to meet market demand, and ancient artworks The identification of authenticity is always a guilty conscience, so it is possible to make admission to contemporary art that is less controversial. Following contemporary oil paintings, sculptures, paintings, and ceramics, it is inevitable that contemporary jade articles will go to the auction market and become the norm. Compared with other contemporary art, contemporary jade has more advantages. First of all, the value of its material is that other contemporary artworks are difficult to reach, followed by the material shape, texture, color has a decisive influence on the designer, a collection level. Jade carving works are the perfect combination of multi-faceted values, and the number of works to achieve this integration is quite limited and is a scarce product on the market.

The market is changing. The concept of collectors and consumers of contemporary jade is also changing. Li Wei, head of contemporary art at Beijing Hanhai Auctions, pointed out: “The source of Hotan jade carvings is depleted and their prices will rise. However, for emerging jade species, it will face a problem of value recognition.”

Li Wei believes that “evaluating a contemporary jade carving work, the determination of material quality is the primary key issue. It depends on whether the material used is of first-rate quality. Secondly, it depends on its processing technology.对 How to make reasonable use of the special color changes in the skin color and the jade material of the raw materials? The fineness of the artwork processing, the artistry of the screen, etc. are related to the value of the work; the third is to look at the sculptor of the work, the reputation and influence of the author. Force is an important added value of the work, affecting the value of the value, the level of the price."

In an interview, the reporter found that contemporary jade collectors emphasized the whiteness and smoothness of raw materials, and at the same time the requirements for the craftsmanship and cultural connotation of the works began to increase. Ms. Lin, who has long been engaged in jewellery design, believes that the current “three shifts” in the jade collection market are worthy of attention. “Immediately, the buying crowd has shifted from the expert to the collector; the original heavy material material has been redesigned and crafted. Horizontal shifting; returning from the chasing of famous works to examining the artistic value of the work itself.” “For collectors aiming at collecting, they should pay attention to the jade carving works of good material, beautiful art, good art, and full rhyme.”