top of page

“This Precious Gem is Named Jadeite” - Event Overview

OGP Reporters / Members Contribute File Photos

Sept 9, 2016

In the previous century, a jadeite bracelet from 1644 owned by Lady LI was unearthed in Tengchong, Yunnan. This was identified as the earliest jadeite product in China, signifying that jadeite has been recognized as a precious stone since the late Ming Dynasty.

The name “jadeite” has been long known. Evidence appeared in literature works by Ouyang, Lord Wenzhong, where he stated, “I owned a beautiful jade vessel. At first I thought it was jasper, and often showed it off to others when I was in the Yingzhou district. There was an eunuch in the residence of an elderly officer, who used to work at the government’s inventory. He said he has seen a bowl owned by the Emperor which was made of the exact same materials, and the precious gem was named jadeite.” In the previous century, a jadeite bracelet from 1644 owned by Lady LI was unearthed in Tengchong, Yunnan. This was identified as the earliest jadeite product in China, signifying that jadeite has been recognized as a precious stone since the late Ming Dynasty.

Jadeite is a type of hard jade. It is formed in a variety of colours, but the emerald green is the most renowned. As the green jadeite becomes rarer with exploitation, other colours such as red, yellow, purple, black, and the colourless are now seen in larger quantities in the market. Jadeite has only appeared in history some 700 years ago. It was not transformed into the symbol of status and wealth in China until the royal family of the Qing dynasty (1*) and American socialite Barbara Hutton (2*) became known for their love for jadeite.

Many members choose to purchase jadeite jewelry as an everyday accessory because jadeite is beneficial for the body and can purify one’s aura. Jadeite is seen as restrained indulgence. It is neither bold nor loud, but is conspicuous when it appears.

“Emerald Beauty - Jadeite Jewelry Showcase” as well as the complementary Online Sale were a one week success. The jadeite products sold were high quality but priced low - all are A grade jade with certificates. Many members appreciated that they were able to purchase the same jadeite jewelry at only half of the market price, especially items 1-26/149-162. Hong Kongest-American Mrs. Wong told OGP, that last year she had purchased a jadeite pendant for 32,000 yuan during her mainland China tour with her husband. The jadeite pendant was translucent with a vein of green, and was approximately 3x2 cm. Mrs. Wong now recalls the purchase as an investment loss.

OGP’s suggestion to all jadeite enthusiasts is that the green jadeite products during this particular sale were the best and the most popular. However, dark purple and the colourless and semi-transparent are the next trend in the jadeite market. Although not as rare, these are larger in size and can be purchased at a more logical price. If you are interested in investing in jadeite, it is important to choose those which are rich in colour, semi-transparent, and of the more valuable type. It is better to choose bigger sizes if you intend to pass the jadeite on as a “family legacy”.

OGP also provide raw jadeites for members who wish to customize their products. There are certain risks involved with this option, and thus we do not recommend it to novice collectors. Nevertheless, raw jadeites are more cost-effective, and we can help you find the designers of your choice.

We would like to thanks all members who have purchased throughout the sale. Please remember to check your Email; and a complimentary gift will be mailed along with your order.

Note
1* The paintings in the Palace Museum showed figures Gaoguang Emperor, Xianfeng Emperor, and Tongzhi Emperor with jadeite snuff bottles, rings, and jade embellished belts. Empress Xiaoshencheng, and Empress Dowager Ci'an were seen with jadeite jewelry, including earrings, rings, and bracelets. Empress Dowager Ci’Xi was also famous for her affection for jadeite. According to legend, she was buried with a large quantity of jadeite after her death. In 1904, artist Katharine Carl painted a portrait for Empress Dowager Ci’Xi, where she was illustrated with an emerald jadeite bracelet. This rare and beautiful bracelet now rests in the Palace Museum, with an outer diameter of 7.6cm and an inner diameter of 5.6cm.

2* Barbara Hutton’s “Mdivani necklace” broke the jadeite auction record. Her jadeite necklace appeared on the market for 20 years, and it shocked the industry for the three times it went through the transaction. In 1988, it was the highest priced auction jadeite jewelry at 2 million USD. In 1994, the necklace was auctioned at double its previous record at 4.2 million USD. On April 7, 2014, the jadeite necklace once again broke the record at Sotheby’s spring auction at 27.44 million USD.

bottom of page