Ruyi’s market value is extraordinary

As one of the most unique categories in traditional Chinese crafts, Ruyi developed to its golden age in the Qing Dynasty. Especially during the Qianlong era, Ruyi's evolution was almost at its best. Both the royal style and the decency of the literati are naturally eye-catching treasures in today's auction market. The author briefly reviewed the wishful thinking of the deals at major auctions of major well-known auction companies in the past 10 years. For collectors who love them, they hope to play a role in reference.

428 wishful lots with a transaction price of more than 100,000 yuan in the last 10 years (The data in this article only come from the large scales of some well-known auction companies such as China Guardian, Beijing Hanhai, Beijing Poly, Beijing Yishi, Hong Kong Sotheby, and Hong Kong Christie's. The auction, the data of other auction companies is not included, the same below), the vast majority are with the court style of the Qing Dynasty. The Qing Dynasty has a lot of good intentions, especially Qianlong. From the point of view of the craft itself, the materials used to produce Ruyi are quite rich. Apart from jade, it also includes bamboo, wood, agarwood, coriander, gold and copper, etc., and the shapes and colors are varied. The techniques of carving, carving, and embossing are varied and mature. Highlights the aesthetic taste of the court.

Among the many materials, the 193 jade products sold accounted for the largest proportion, and the transaction price was often higher. More than 20 million yuan worth of transactions in the two wishful are jade texture, one is the Qing Dynasty Qianlong white jade dragon positive longevity wishful, appeared in the 2010 Poly autumn auction in Beijing, the transaction price reached 22.4 million yuan; another Qing Emperor Qianlong white jade carving dragon dragon five bats zhaoqing wishful, in 2011 China Guardian spring shoot in 20.7 million yuan. In addition, the top five price rankings are all occupied by jade. In each transaction price range, Yu Ruyi is the largest proportion.

It is not hard to find from the historical records on the Qing Palace's furnishings and the part of the Qing Dynasty that still maintains its original appearance. Generally, most of the ruyi on the side of the throne is dominated by jade, and it is evident that the jade carvings are worthless.

In addition, the three-inlaid design of the innovative design of Qianlong Dynasty is also a favorite of many collectors. For example, a piece of Qing Emperor Qianlong rosewood with three inlaid ancient jade imperial poetry, captured a high price of 13.8 million yuan in the autumn of 2012 in Beijing Poly. In addition to the unexpected jade quality, the transaction volume and transaction price of wooden Ruyi are the most conspicuous, except for some accidents such as rosewood, huanghuali, boxwood and other mahogany alone. Most of them are three-inlaid. Although the bamboo, gold, copper, enamel, agarwood, ** and other materials, it is difficult to reach the top price range, but also have a good deal price. In particular, those wishful people who have both royal taste and literary style are worthy of attention.

Take 1 million yuan as a price limit. If it is said that in 2004 and 2005, the wishful scene was only occasionally passed this threshold, then from 2006 to 2009, the wishful price of over one million yuan was shown. Steady growth. In 2006, the highest transaction price was a 4.29 million yuan RMB of Qing Emperor Qianlong rosewood, gold inlaid in gold and silver imperial poetry, and the price of Ruyi was released again in 2012 in Beijing. 13.8 million yuan). In 2007, Hong Kong Sotheby's autumn auction of a piece of Qing Emperor Qianlong Baiyu cloud bats and other dragons play well, the transaction price has reached as high as 8.27 million yuan. After experiencing the impact of the art market in 2008, in 2009 China's Guardian Autumn Auctions, a Qing Qianlong white jade carving double-bat holding Shou Wenruyi also won a good performance of 5.656 million yuan.

In 2010 and 2011, with the high-profile development of the art auction market, Ruyi's performance in the market also ushered in the highest peak. Not only did the number of auctions with high prices increase significantly, but the transaction price hit new highs. Lots of auctions for which the transaction price exceeds 20 million yuan were born in the past two years. Nine of the top ten auction items in the transaction price list came from the two years.

However, after a period of frenzied growth, the art auction market has also reached a stage of steady correction in 2012 and 2013 thereafter. During this period, the number of high-priced deals for wishful lots decreased by almost half, and those who exceeded 10 million yuan were almost extinct. In particular, in 2013, the highest transaction price was a 18th-century White Jade Ganoderma lucidum peach from Hong Kong Sotheby's Spring Festival. The transaction price was approximately 465.16 million yuan. In the autumn auction, Beijing Poly launched one. The Qing Dynasty Qianlong white jade stayed in eight auspicious words, but the transaction price was only 4.14 million yuan.

Compared with 2010 and 2011, this market situation seems to make people feel depressed. However, the author believes that this does not mean that Ruyi is losing favor in collectors' hearts, but it is due to the market environment. Including various factors, the uncertainty of the overall economic environment has caused hot money originally flowing in the art auction market to shrink, collectors are cautious, and sellers are not willing to take out good things easily. It can be seen from the photographs of the two years of shooting that there is still a slight difference between the high-price auction items and the specifications, regardless of the specifications, and the transaction price can be said to be reasonable compared with the same level of artifacts in the past. This is also a manifestation of the maturity of the market and the maturity of collectors. It is no longer blindly chasing the higher ones, but speaks with the value of the objects themselves. It can be imagined that as long as the market maintains a steady development trend, when a better auction item appears, the wishful market trend will re-emerge. After all, compared with other categories of ancient handicrafts, the current price of wishful thinking should be further pursued. Some are reasonable.