Calm Stone Crazy Jade
At the 2010 China International Jewellery Show, held from November 11th to 15th at the Old Beijing International Exhibition Center, the event showcased a wide range of precious stones and jewelry. With so many exhibitors, not only Hall 2 but also Hall 8 were opened, reflecting the growing interest in jade and other gemstones.
Throughout history, different cultures have cherished their own unique gems—Western countries favor diamonds and emeralds, while Chinese culture has long revered jade and Hetian jade. These stones, with their vibrant colors and cultural significance, have played an essential role in shaping traditions. However, despite their names and allure, they are still natural stones. What makes them shine is the cultural context that gives them meaning, and for a time, they illuminate the cultural sky.
While diamonds, sapphires, and rubies remain popular, their prices tend to be stable, often rising by just a few or tens of percent. They don’t offer much room for speculation, as their pricing is influenced by global markets rather than individual buyers. This stability allows for a more balanced and elegant market, where quality and design take precedence over hype.
In contrast, jade has become a subject of fascination, especially in recent years. Once considered a traditional stone, it now carries a cultural label that can drive its value to extraordinary levels. One such example is Huang Longyu, a type of yellow marble that has gained immense popularity. It has taken over space previously occupied by Hetian jade, creating a frenzy in the market. Some pieces have seen price jumps from hundreds to tens of thousands of yuan within a short time, raising questions about whether the madness is in the stone or the people behind it.
Another rising star is Saitama jade, which has seen dramatic price increases. A piece that once sold for 56,000 yuan in 2009 now commands 178,000 yuan, showing how quickly the market can shift. Similarly, some older pieces have doubled or tripled in value, indicating strong demand.
However, the most talked-about stone this year was undoubtedly Hetian jade. Despite being moved to Hall 8, it remained the center of attention. The "Tiangong Award" exhibition area was packed, with works that commanded eye-popping prices. Materials like Hotan seeds saw huge price jumps, with some pieces selling for millions of yuan. Even masterpieces fetched exorbitant sums, with auction results far exceeding expectations.
The presence of top jade carvers at the event was also notable. Many masters displayed their work in both group exhibitions and personal showcases, offering insight into their artistic vision. Some pieces were unfinished, yet they demonstrated deep creative thought. Additionally, works from Hong Kong, Macao, and Taiwan had made a comeback, adding to the diversity of the market.
After walking through the show, one could not help but feel that while many stones remain calm, jade has truly gone crazy.
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