Skip to main content
Tags: monet | painting | auction | waste of money | art | sothebys

Monet Painting Fetches $35 Million at New York Auction

Thursday, 16 May 2024 08:24 AM EDT

A Monet sold for nearly $35 million at auction Wednesday evening, Sotheby's said, marking a solid start to New York's spring art sales.

Both Sotheby's and rival auction house Christie's launched their spring season Monday. Though the global art market softened last year, strong sales in London and Paris have sparked optimism for 2024.

Claude Monet's "Meules a Giverny," which the French impressionist painted in 1893, went for $34.8 million after a bidding war.

Meanwhile, British-Mexican artist Leonora Carrington broke her own auction record when her "Les Distractions de Dagobert" sold for $28.5 million.

The new record places Carrington among the top five most valuable women artists at auction, Sotheby's said – and among the top four surrealist artists, "overtaking Max Ernst and Salvador Dali."

Christie's, meanwhile, sold some $115 million in contemporary art the prior evening, including a Jean-Michel Basquiat painting for $32 million.

At the Phillips auction house, Basquiat's "Untitled (ELMAR)" sold for $46.5 million.

Amid the war in Ukraine and its fallout – which has led to a drop in Russian buyers – art auction sales worldwide fell to $14.9 billion last year, compared with $16 billion in 2022.

© AFP 2025


TheWire
A Monet sold for nearly $35 million at auction Wednesday evening, Sotheby's said, marking a solid start to New York's spring art sales.
monet, painting, auction, waste of money, art, sothebys
192
2024-24-16
Thursday, 16 May 2024 08:24 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
TOP

Interest-Based Advertising | Do not sell or share my personal information

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved
Download the Newsmax App
NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved