CLAUDE MONET (1840-1926)

Starting price
$ 18 000 000
Auction dateClassic
12.05.2022 20:00UTC -04:00
Auctioneer
CHRISTIE'S
Event location
USA, New York
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The auction is completed. No bids can be placed anymore.
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ID 753530
Lot 18 | CLAUDE MONET (1840-1926)
CLAUDE MONET (1840-1926)La mare, effet de neigesigned and dated 'Claude Monet 75' (lower left)oil on canvas23 7⁄8 x 32 1⁄8 in. (60.6 x 81.7 cm.)Painted in Argenteuil in 1874-1875 Provenance The artist; sale, Hôtel Drouot, Paris, 24 March 1875, lot 15.Paul Durand-Ruel, Paris (acquired at the above sale). Galerie Durand-Ruel et Cie., Paris (acquired from the above, 25 August 1891).Henri Vever, Paris (acquired from the above, 17 January 1893); sale, Galerie Georges Petit, Paris, 1-2 February 1897, lot 85.Galerie Durand-Ruel et Cie. and Isaac Montaignac, Paris (acquired at the above sale). Gottfried Holthusen, Hamburg (acquired from the above, 13 January 1898).Richard Semmel, Berlin; sale, Frederik Muller & Cie., Amsterdam, 13 June 1933, lot 21 (as Neige à Argenteuil) (unsold).Philippe Leary, Strasbourg and Paris.By descent from the above to the present owners. Please note that the present work is being offered for sale pursuant to a settlement agreement between the current owner and heirs of Richard Semmel. The settlement agreement resolves the dispute over ownership of the work and title will pass to the successful bidder. Literature M. Rostand, Quelques amateurs de l’époque impressionniste (thèse inédite de l’Ecole du Louvre), Paris, 1955, p. XVI.M. Bodelsen, "Early Impressionist Sales 1874-1894 in the Light of Some Unpublished 'Procès-Verbaux'" in Burlington Magazine, June 1968, p. 335.D. Wildenstein, Claude Monet: Biographie et catalogue raisonné, Lausanne, 1974, vol. I, p. 264, no. 350 (illustrated, p. 265).R. Gordon and A. Forge, Monet, New York, 1983, p. 65 (illustrated).C.S. Moffett, The New Painting, Impressionism, 1874-1886, exh. cat., National Gallery of Art, Washington, D.C., 1986, p. 269, no. 160.D. Wildenstein, Monet: Catalogue raisonné, Cologne, 1996, vol. II, pp. 144-145, no. 350 (illustrated, p. 145). Exhibited Paris, 28 avenue de l’Opéra, 4ème exposition de peinture, April-May 1879, p. 12, no. 160. Special Notice On occasion, Christie's has a direct financial interest in the outcome of the sale of certain lots consigned for sale. This will usually be where it has guaranteed to the Seller that whatever the outcome of the auction, the Seller will receive a minimum sale price for the work. This is known as a minimum price guarantee. This is such a lot. On occasion, Christie's has a direct financial interest in the outcome of the sale of certain lots consigned for sale. This will usually be where it has guaranteed to the Seller that whatever the outcome of the auction, the Seller will receive a minimum sale price for the work. This is known as a minimum price guarantee. Where Christie's has provided a Minimum Price Guarantee it is at risk of making a loss, which can be significant, if the lot fails to sell. Christie's therefore sometimes chooses to share that risk with a third party. In such cases the third party agrees prior to the auction to place an irrevocable written bid on the lot. The third party is therefore committed to bidding on the lot and, even if there are no other bids, buying the lot at the level of the written bid unless there are any higher bids. In doing so, the third party takes on all or part of the risk of the lot not being sold. If the lot is not sold, the third party may incur a loss. The third party will be remunerated in exchange for accepting this risk based on a fixed fee if the third party is the successful bidder or on the final hammer price in the event that the third party is not the successful bidder. The third party may also bid for the lot above the written bid. Where it does so, and is the successful bidder, the fixed fee for taking on the guarantee risk may be netted against the final purchase price.Third party guarantors are required by us to disclose to anyone they are advising their financial interest in any lots they are guaranteeing. However, for the avoidance of any doubt, if you are advised by or bidding through an agent on a lot identified as being subject to a third party guarantee you should always ask your agent to confirm whether or not he or she has a financial interest in relation to the lot.
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30.04.2022 – 12.05.2022
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