US EditionSotheby’s Paris Notches a $41 M. Modern and Contemporary Sale, Led by a $12 M. Monet Unseen for a Century
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At an auction in Paris, the bidders literally fought for a painting by French Impressionist Claude Monet. Finally, "Vétheuil, effet du matin, (in English: Vétheuil, morning mood) came under the hammer for just under 10.2 million euros. Thus, the painting achieved a record price for a Monet work at an auction in France, as announced by the auction house Sotheby's on Thursday. A ten-minute intense bidding competition was thus unleashed at the auct…
Claude Monet's painting "Morning at Vetheuil", painted in 1901, was sold at auction today for almost 10.2 million euros in Paris.
Sotheby’s Paris Notches a $41 M. Modern and Contemporary Sale, Led by a $12 M. Monet Unseen for a Century
Two paintings by French Impressionist Claude Monet led a Sotheby’s Paris sale of modern and contemporary art on Thursday that racked up €35 million ($41 million). That figure is up more than 84 percent on the equivalent sale from last year and exceeds the pre-sale estimate of €22.4–€32.1 million ($26.6–$37.8 million). The total was the house’s second-highest ever in France for a sale in the category. Nearly 63 percent of lots sold above their hi…
More than three billion forints for a morning moment.
Never before had so much money been spent on a Monet painting in France. However, compared to the sale of another Monet work in the United States, the painting was very affordable.
Monet's paintings regularly fetch millions of euros at auction. This has now happened in France as well.
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