Wang Xiyao's Auction Record Jumps 56%

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

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 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

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