Wang Xiyao's Auction Record Jumps 56%
3 min read · 07 Mar 2025
On the way to Penglai Island no. 2. Image courtesy of Phillips
Wang Xiyao, On the way to Penglai Island no. 2 (2023) sold for $114,700 (GBP88,900), more than three times the low estimate at Phillips in London on March 7. The oilstick and charcoal on canvas work has been traded once in the past.
The sale beat the artist’s previous auction record by $41,300, a 56% rise.
The Crystalline Moon Palace no.4. Image courtesy of Phillips
The previous record was set by The Crystalline Moon Palace no.4 (2022), which sold for $73,400 at Phillips on November 26, 2024. The work had not been traded before.
| Sale Date | Title | Price | Record Increase | Venue | City |
|---|---|---|---|---|---|
| 2025-03-07 | On the way to Penglai Island no. 2 | $114,700 | 56 % | Phillips | London |
| 2024-11-26 | The Crystalline Moon Palace no.4 | $73,400 | 13 % | Phillips | Hong Kong |
| 2023-03-31 | High Summer, no. 2 | $64,700 | - | Phillips | Hong Kong |