$30 Million Claude Monet Sotheby’s Sale

Claude Monet $30 MillionLed by a $30-million Claude Monet painting of a Venetian palace and two clusters of prime estate material, Sotheby’s scored a strong Impressionist and Modern evening sale, tallying £105,939,000 ($165,392,256). The total nicked pre-sale expectations of £74.5-104.9 million ($116.6-164.3 million) and handily outdistanced last June’s £75 million ($117.7 million) figures. While 13 of the 71 lots offered failed to find buyers for a decent buy-in rate by lot of 18 percent and nine percent by value, two pictures hurdled the ten-million-dollar mark and 29 made over one million, and two artist records were set.

According to Sotheby’s, bidders hailed from 33 countries, making the evening a kind of mini-United Nations of art buyers.

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