From MoneyWeek · · 1m 10s
Monet Paintings Boost Autumn Auction Hopes
Monet's Iris could sell for €30m at Sotheby's October sale.
In brief
Monet's Iris could sell for €30m at Sotheby's October sale. Sotheby's October sale features Monet's Iris, estimated at €30m, potentially fueling autumn art market recovery. Originally reported by MoneyWeek.
Monet's Iris at Sotheby's Sale
Art market watchers hope Monet's paintings will fuel a recovery in this year's autumn auction season.
“Claude Monet's Iris”
Iris: Monet's Late Career Masterpiece
Iris, painted in Monet's garden in Giverny just months before his death, is one of only a few Monet paintings outside a museum.
“It is a large painting and one of only a few to reside outside the collection of a museum.”
Iris Estimated at €30m
Sotheby's has set an upper pre-sale estimate of €30 million for Iris, the highest ever for a French auction painting.
“It has been given an upper pre-sale estimate of €30 million”
Second Monet Painting in Sale
Saule pleureur (Weeping willow), painted in 1918-1919, is also in the sale with an upper estimate of €12 million.
“A second late-career Monet is also appearing in the sale”
Cezanne's Early Works in Sale
Paul Cezanne's La Ferme, Arbres au Bord de la Rivière and Ciel Entre les Arbres are part of the sale with upper estimates from €600,000 to €800,000.
“La Ferme, Arbres au Bord de la Rivière and Ciel Entre les Arbres”
Christie's Monet Painting
Christie's also features Monet's Bord des falaises à Pourville with an expected sale price of €11m to €15m.
“Bord des falaises à Pourville (Edge of the Cliffs at Pourville)”
The essence
Sotheby's October sale features Monet's Iris, estimated at €30m, potentially fueling autumn art market recovery.
