Hsiao Chin Work Sells for $680,200 to Deliver a 13% Annualized Return

Hsiao Chin, Inner Light (1966), sold for $680,200 (GBP516,000), more than six times the low estimate at Phillips in London on June 26.

The sale beat the previous auction result for this work by $409,500, equivalent to an annualized return of 13%. It last sold at auction in 2019 for $270,700 at Sotheby's.

Acrylic on canvas, 102.0 x 133.0cm. The work has been traded twice in the past.