A first, as an Impressionist painting sells for over $100m

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In New York, following the Impressionist and Modern sale at Christie's which closed on a total of $399m and a record for Balthus, yesterday was Sotheby's turn for a successful sale, totalling $349.9m.

 

Of the 50 lots on offer, 40 passed the million dollar mark, including five sold for over $10m and three for over $20m.

 

The night's big moment, however, was unquestionably the sale of a Claude Monet painting from the Meules (Haystacks) series, which was bought for $110.7m (fees included), making it the ninth most expensive work sold at auction and setting a new record for an Impressionist work.

 

 

Claude Monet, Meules, 1890 © Sotheby's

 

 

The previous record belonged to a Monet piece sold in May 2018: Christie's New York sold Nymphéas en Fleur for $84.6m.

 

The piece sold last night (to an unidentified buyer present in the auction room) had once belonged to Chicago-based collectors Potter & Berthe Palmer, who acquired it from the Parisian gallery Durand-Ruel, direct from Monet's dealer, in 1892. More information available via Artnews.