A Monet “Grain Stack” Painting Hammered for $81.4-M in New York
Claude Monet’s grain stack painting fetched a record $81.4-M in New York on Wednesday after a 14-min bidding war.
The Y 1891 canvas, “Meule,” was offered at Christie’s Impressionist and Modern Art sale. Estimated at $45-M, the canvas was sold without a guarantee by an anonymous American collector, according to Christie’s.
The work last appeared at auction in Y 1999, when it sold for $11.9-M. The seller acquired it privately in Y 2002.
Monet painted about 25 of the haystack canvases the early 1890’s, of which 19 are in public museum collections, according to Christie’s.
Earlier in the day, Paul Allen’s Gerhard Richter canvas sold for $25.6-M at Phillips.
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