On February 4th, 2026, the Monte-Carlo Auction House will hold a sale of modern and contemporary art featuring over 30 lots. The highlight is Fernand Léger's 1932 oil on canvas "Contrasting Objects on a Blue Background," estimated at €600,000–800,000. Other notable lots include a bronze sculpture by Robert Indiana (€140,000–180,000), a Chu Teh-Chun oil on canvas (€200,000–300,000), and works by Edgar Degas, Victor Vasarely, Niki de Saint Phalle, and Picasso. The sale also includes decorative pieces by Roger Capron and Maison Pergay.
This auction matters because it brings together a diverse range of high-value modern and contemporary works in a single event, reflecting ongoing market demand for blue-chip artists like Léger and emerging interest in post-war masters such as Chu Teh-Chun. The inclusion of pieces with catalogue raisonné documentation (Guillaumin) and numbered editions (Indiana, Folon) underscores the importance of provenance and edition status in determining value. The sale also highlights Monaco's role as a secondary art market hub, attracting international collectors.