Christie's achieves $81.4 million for Monet's Muele (Grainstack)

Thursday, November 17, 2016
Christie's achieves $81.4 million for Monet's Muele (Grainstack)

Claude Monet (1840-1926), Meule, oil on canvas, 28 ⅝ x 36 ¼ in. (72.7 x 92.1 cm.). Sold for $81,447,500.

Christie's achieves $81.4 million for Monet's Muele (Grainstack)

On November 16thClaude Monet’s Meule (Grainstack) realized $81,447,500 / £65,210,168 / €75,774,215 at Christie’s New York and achieved a world auction record for the artist.  Painted in 1891, this important painting is recognized as one of finest examples of Monet’s Grainstack series. Meule was ultimately sold to an anonymous client on the phone with Margot Rosenberg, Senior Director, Client Advisory, after 14 minutes bidding battle involving 4 different Christie’s specialists and a client in the roomThe sale’s auctioneer was Andreas Rumbler, Christie’s Deputy Chairman.

A majority of the Grainstacks series are housed in major art museums around the world, including the Musée d'Orsay, The Metropolitan Museum of Art, the Art Institute of Chicago, and the National Gallery of Scotland, while few are held in private collections.

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Pablo Picasso (1881-1973), Femme au béret orange et au col de fourrure (Marie‐Thérèse), executed 4 December 1937. Oil on canvas. 24⅛ x 18⅛ in (61.2 x 46.1 cm)

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