Monet Haystacks painting sells for record $110.7m

Esequiel Farfan
May 15, 2019

The sale set a new auction world record for a work by Monet and was the first example of impressionist art to cross the $100 million threshold at auction.

A Sotheby's press release said the painting is now the ninth-most expensive work ever sold at auction.

The total, which includes fees and the commission, was more than 44 times higher than the previous record for the work.

"Meules" was one of 25 paintings in a series depicting stacks of harvested wheat belonging to Monet's neighbor in Giverny, France.

Another painting from the series was sold in November 2016 by the Christie's auction house in NY for $81.4 million.

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Meules, from the painter's acclaimed Haystacks series, went under the hammer at Sotheby's NY for $110.7 million (£85.77m) on Tuesday night.

It distinguishes itself from others in the series by its vibrant paint palette, dramatic diagonal brushstrokes of varying directions that meet at the center and a unique perspective with only part of the first haystack appearing in the foreground.

Sotheby's said the painting was acquired by wealthy Chicago socialites directly from Monet's dealer in the 1890s and remained in the family until it was bought at auction in 1986 by the present sellers for $2.53 million.

The last record for a Monet painting was held in May 2018 during a Christie's sale of his "Nympheas en fleur" (Water Lilies in Bloom) for $84.6 million.

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