Claude Monet – Le Grand Canal. UPDATE: IT MADE £23.67 MILLION
An exceptionally rare view of Venice by Monet will lead Sotheby’s sale of Impressionist and Modern Art in London on February 3. Le Grand Canal dates to 1908 and is estimated £20-30 million. It has been exhibited around the world. It was at the National Gallery in London for eight years to 2014 and previously at the Kimbell Art Museum in Fort Worth and the Royal Academy in London.
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.”
The painting has already been toured to Taipei. It will be in Hong Kong from January 9-12 and New York from January 21-23.