Monet Painting Sells for $56.2 M., Setting French Auction Record at Sotheby’s Paris
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A Claude Monet painting sold for €50 million ($56.2 million) at Sotheby’s in Paris on Thursday, setting a record for the most expensive artwork ever sold at auction in France.
The painting, Iris, sparked a 45-minute bidding battle between six collectors before selling to a private buyer in Asia, represented on the phone by Sotheby’s deputy chairman Jen Hua. It had been expected to fetch between €22 million and €30 million.
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