Venice by Claude Monet. Sale on 3 February 2015 at Sotheby’s London

Venice by Claude Monet. Sale on 3 February 2015 at Sotheby’s London
Yareah Magazine

‘One of the Most Celebrated Venice Paintings.’ Sotheby’s to offer exceptionally rare view of Venice by Claude Monet. Estimated at $30.6–45.9 Million.

Venice by Claude Monet

Property from an Important Private Collection Claude Monet Le Grand Canal oil on canvas 73 by 92cm., 28¾ by 36¼in. signed Claude Monet and dated 1908 (lower right)

London 3rd February Impressionist & Modern Art Evening Sale.

SOTHEBY’S forthcoming London Impressionist & Modern Art Evening Sale on 3 February 2015 will be led by an exceptionally rare and important view of Venice by Claude Monet, Le Grand Canal of 1908, estimated at US$30.6–45.9 million.

Helena Newman, Sotheby’s Co-Head, Impressionist & Modern Art Worldwide, said: “The market for works by Claude Monet has now reached an all-time point of strength, with bidders coming from four times as many countries as a decade ago. Reflecting the outstanding quality and beauty of the work, Le Grand Canal was prominently displayed for eight years at The National Gallery, London. Given the painting’s rarity and exceptional quality, and the strong price of £19.7m achieved when we sold Monet’s Venice view Le Palais Contarini in 2013, we anticipate enthusiastic global interest prior to the sale in February.”

Painted during a three-month trip to Venice in 1908 – the year of one of the first Venice Biennales – such works depicting Venice are highly sought after by collectors as they represent the peak of Monet’s career. Le Grand Canal has been exhibited around the world, most recently on loan to The National Gallery, London, for eight years (2006-2014) and previously exhibited at the Kimbell Art Museum, Fort Worth, and the Royal Academy of Arts London.

Prior to Sotheby’s auction on 3rd February in London, the painting will be exhibited in Taipei (7 January 2015) Hong Kong (9–12 January 2015), New York (21–23 January 2015) and then London (28 January – 3 February 2015).

Sotheby’s London. Impressionist & Modern Art Evening Sale. Auction 3 February 2015.

Estimate: £20,000,000 – 30,000,000. $30,590,000 – 45,890,000. €25,560,000 – 38,330,000.

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