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Never-exhibited Monet sets France auction record with $56 million sale

Monet auction record at $56 million signals strong art market demand.

Context

What happened: A Monet painting from the Schlumberger family collection sold at Sotheby's, setting a French auction record, and went to a collector in Asia. Key numbers: Sale price $56 million. Estimate €22 million to €30 million. The painting had never been exhibited. Why it matters: The result topped Sotheby's estimate range, and the buyer was based in Asia.

What changed

A Monet painting from the Schlumberger family collection sold at Sotheby's, setting a French auction record, and went to a collector in Asia.

Why it matters

The result topped Sotheby's estimate range, and the buyer was based in Asia.

Sources