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Monet painting auctioned in France for more than 10 million euros

Monet-Gemälde in Frankreich für mehr als 10 Millionen Euro versteigert

A recently rediscovered landscape painting by Claude Monet, titled "Vétheuil, effet du matin" (1901), sold for €10.2 million at a Sotheby’s auction in France. The sale exceeded its initial estimate of €6 million to €8 million and set a new record for a Monet work sold at auction within France. A second work, "Les îles de Port-Villez" (1883), also outperformed expectations, fetching €6.45 million during the same event.

These sales highlight the enduring market strength of Impressionist masterpieces, particularly those with long-standing provenance, as both works had remained in private collections for roughly a century. While the prices are significant for the French domestic market, they remain well below the artist's global auction record of $110.7 million, underscoring the continued dominance of New York as the primary hub for high-value trophy art sales.