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New Monet record set with $81M Christie’s auction bid

A painting from Claude Monet’s acclaimed Grainstack series fetched $81.4 million at Christie’s New York auction of impressionist and modern art.

Wednesday evening’s sale set a new auction record for the artist. The previous auction record for a Monet was $80.4 million set in 2008.

The 1891 painting, shimmering with hues of reds, pinks, blues and yellow, depicts a close-up of a single cone-shaped stack after harvest.

Monet’s Grainstack series — 25 in all — was painted just steps from his home outside a farmer’s field in the French village of Giverny.

The work offered Wednesday night was one of a few still in private hands.

Christies Contemporary Art

Wassily Kandinsky’s Rigid and Curved is displayed at Christie’s on Nov. 4. The selling price matched the predicted estimate of $18 million-$25 million before Wednesday’s event in New York. (Richard Drew/The Associated Press)

Among other highlights at Wednesday’s auction was a painting by Wassily Kandinsky that had not been on the market in more than 50 years.

It sold for $23.3 million, a new record for the Russian artist. The previous record for his work was $23 million set in 2012.

Rigid and Curved was first owned by the Solomon R. Guggenheim Museum, which acquired it directly from the artist in 1936, a year after it was completed, according to Christie’s.

A lively, colourful piece of geometric and organic shapes, it’s been in the same private collection since 1964.

Christie’s said the painting’s texture of sand mixed with paint was a technique Kandinsky used only in his Paris paintings of 1934-1935.

Article source: http://www.cbc.ca/news/entertainment/christies-impressionist-modern-auction-1.3854751?cmp=rss