The demand for high-quality wood has been on the rise, following the popularity of mahogany, huanghuali, and red sandalwood. Phoebe chinensis, also known as Jinsi Nanmu, has recently experienced a significant surge in value, with prices increasing by 3 to 5 times from last year to this year. This rare and valuable wood, once reserved for imperial use, is now becoming a favorite among collectors and connoisseurs.
Phoebe chinensis grows very slowly, making it both scarce and highly prized. Historically, it was used exclusively by emperors, earning it the title "the wood of the emperor." Its unique characteristics—such as its golden veins, rich luster, and resistance to warping—have made it increasingly popular among those who appreciate fine craftsmanship and natural beauty.
This year alone, the price of old Phoebe chinensis has skyrocketed, reaching hundreds of thousands of yuan per ton, compared to just 30,000 to 40,000 yuan per ton at the start of last year. The value of furniture made from this wood is even higher, with some pieces selling for thousands or even millions of yuan.
In auction markets, the value of Phoebe chinensis continues to climb. Recently, a set of handcrafted Qibao beads made from old Jinsi Nanmu by Beijing Gongmei Group sold for an impressive one million yuan. Such sales highlight the growing interest and investment in this rare material.
However, due to the lack of standardized pricing and valuation methods, the market is flooded with fake and low-quality products. Collectors must be cautious and learn how to identify genuine Phoebe chinensis.
To distinguish real Jinsi Nanmu from imitations, there are several key points to consider. First, look at the color: genuine Phoebe chinensis typically has a light yellowish-green tone, while older materials tend to be darker. Newer materials may appear more earthy and gray. Second, check the scent—old Phoebe chinensis has a deep, distinct fragrance, whereas newer pieces are less aromatic. Third, measure the density and weight; authentic wood tends to be heavier and denser.
For beginners, it's best to start with smaller items like tea trays, pen holders, or landscape screens. These can help build familiarity with the material before moving on to larger investments. It's important to pay attention to the craftsmanship and avoid making impulsive purchases. Collecting should be a learning process—study, observe, and seek out real examples to develop your eye and knowledge.
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