Year-end auction turnover over billions

On November 28th, Tiancheng International's 2012 jewelry and jade autumn auction came to a successful conclusion with a total turnover of HK$405 million. The transaction rate was 81% in value terms. The focus of the audience was a rare natural jadeite bead chain with diameters ranging from 17.35 to 20.71 millimeters. It eventually became the highest auction price for this season's auction with a high value of 106 million Hong Kong dollars, and set a new one-piece jadeite. Jewelry World auction record. This beaded pearl is not only large in size, but also crystal clear and crystal clear. The entire bead chain is evenly rounded in color, delicate in texture and full in shape. It is indeed a top collection. Today, the value of high quality jadeite is almost the same as that of diamonds and emeralds. In recent years, as the price of jadeite keeps on rising, its function of keeping value and investing even goes beyond the practical function of wearing. In the art market, jade is also an important target for investors and big collectors.

The old pit glass jadeite is the most expensive gold jade on the auction site and it is still the old pit glass jadeite jewelry. The so-called top old pit, it refers to the old stone pit known for its large output and fine quality; glass species are also better understood, like glass-like transparent water, it is the most expensive and rare varieties of jade. This jade has a high color saturation, rich and not dark, pure and colorless, bright and uniform, is the highest grade of emperor green, and the jade is delicate and pure, the water head is sufficient, the light transmission is good, and the crystal is smooth and translucent. Glossy. The most rare is that it is rare and rare in the market. Using it to produce a variety of valuable jewellery not only meets the needs of high-end collectors, but also meets the unique characteristics of the auction targets, so it is loved by many senior jewelry people.

In recent years, the output of high-grade jadeite in the jadeite mine in Myanmar has been declining year by year, and the old-growth glass jadeite is more rare and difficult to find. As long as one of the above-mentioned features, Jade usually belongs to a higher class. Therefore, the “Laoteng Glass” Jade, which contains the best features above, is undoubtedly the best and most precious gourmet.

For example, at the Hong Kong Christie's Spring Auction 2010 Jewellery and Emerald special event, it was a rare old pit glass jadeite bead that sold for HK$56.66 million. Jade beads have always been representative of top jade jewelry. The exemplary jade beads need to ensure the integrity and unity of the color of each jade bead. To find the uniform and pure color, it looks like a few brilliant green jade beads produced from an old pit glass original stone. Difficulty.

Emerald market bullish all the way jade known as the king of jade, jade in the best, from the royal family in the Qing Dynasty to the common people are extremely fond of. Jade is praised by the world for its exquisite and incomparable jade, and is plunged by the verve of beauty. Jade is famous for its rich colors and crystal clearness. After careful carving and unique creativity of the masters, it makes it more beautiful and highly appreciated.

As a non-renewable resource, after thousands of years of excavation, jade and jade materials are becoming less and less, which can be called "resources are scarce and hard to come by". Compared with other collectibles, Jadeite Collection has the characteristics of small risk, high return on investment, and ability to improve self-cultivation and so on, so it has received great attention from investors.

Looking at the various types of jewellery that have appeared in recent years, diamonds and jade are the most appreciated by Asians. Of the two, it is easier to grasp the diamond, its quality and price are relatively more transparent, and there are a wide range of audiences and markets in the world; and Jade is the favorite of Asians. The emerald on the auction site is divided by age. Two categories, one is the Qing Dynasty and the old emerald ornaments, jewelry, etc., and the other is the contemporary jade jewelry, ornaments, including Qing Dynasty Jade Auction far less than the contemporary jadeite.

According to relevant data from the China Gem & Jewelry Industry Association, from 2000 to 2009, the average price of jadeite rose about 18% per year, and the price increase of jadeite from 2010 to now is more than 30%. Since the beginning of 2011, the price of jadeite in the domestic market has been soaring due to rumors of Jadeite’s “emerald price increase” in Myanmar. Relevant data also show that since 2006, the average price of jadeite has maintained an annual growth of 30% to 50%; in 2010, the 50% increase is still only the price increase of general jadeite. The price increase of high-end jade is even more astounding and can be several times higher.

In the autumn auction of Christie's Hong Kong in Hong Kong, which ended just last week, the price of a Burma natural Jadeite bracelet with an inner diameter of 52 mm, a width of about 9 mm and a thickness of 8.8 mm reached HK$107.4 million. In the spring of 2011, a perfectly natural Myanmar Emerald Double Egg Noodle Ring was sold for HK$9.62 million. Another 40-centimeter Burmese natural glass jadeite bead chain, with 33 bead diameters of 12.7-15.8 mm, was sold for HK$7.22 million. Hong Kong Sotheby's in the autumn of 2011, a natural jadeite and diamond necklace was sold for HK$12.98 million. In the spring auction of jadeite jade in 2010, an egg-faced jadeite ring won the first prize of the whole jade auction and sold for 3.62 million yuan. This time, Tiancheng International created a new world record for jadeite single jewelry auction for 106 million Hong Kong dollars, showing the extraordinary value of jadeite.

In an interview with the media, Tian Shuo International’s Director of Jewelry said: “Now the supply of top jade is rare in the market, so the price of rare jade products in these markets has soared. Jewellery collectors are eager to respond.”

According to people in the industry, not all jades have a good collection prospect. In just 20 or 30 years, the development trend of the jadeite collection has also undergone considerable changes. In the 21st century, people are increasingly demanding jade collections. Not only must they be well grown and of good quality, but their exquisite styling and exquisite craftsmanship also determine the value of an emerald.