Sotheby's officials stand near one of Claude Monet's Meules during a media preview.
A painting by French Impressionist artist Claude Monet has fetched a record over $110 million at an auction held here.
The 1890 painting "Meules" from Monet's "Haystacks" series, is considered to be one of the iconic Impressionist paintings. It was priced by the Sotheby's auction house experts at some $55 million which was surpassed in a matter of seconds at its Impressionist & Modern Art Evening Sale on Tuesday, reports Efe news.
In the eight-minute long auction which included six bidders, "Meules" reached a hammer price of $97 million and ultimately was sold at $110.7 million, double the estimate, including taxes and commissions.
Monet's painting Haystacks Series, "Meules" from 1890, was sold for $100.7 million at Sotheby's.
The $110 million sale is 44 times higher than the previous record at an auction at Christie's, New York in 1986, and the sale value is the highest ever for any of Monet's works.
The painting is one of the few in the "Haystacks" series that have been put up for auction this century.
Out of the 25 works of art in the series, 17 are now owned by public institutions, including the Metropolitan Museum in New York, the Orsay Museum in Paris and the Art Institute of Chicago, while the rest remain in private hands.
"Meules" was initially acquired by the wealthy Palmer family of Chicago directly from Monet's representative in the 1890s.
Indo-Asian News Service
A Canadian artist is building a wall of cheese near the border that separates the US and Mexico in Tecate, California, as a way of denouncing the "waste" represented by the barrier that American President Donald Trump wants to construct.
Chinese artist Ai Weiwei unveiled a new installation in Mexico that tells the story of 43 students likely massacred five years ago in a case that exposed government stonewalling and complicity in abuses, a frequent theme for the dissident artist.
Researchers at the Uffizi Gallery in Florence have proved what was suspected for a long time: that Renaissance genius Leonardo Da Vinci was able to write, draw and paint with both hands.
The high-tech future of green jobs and the Gandhian virtue of the dignity of work meld their messages on a six-storey high mural commemorating the 150th birth anniversary of Mahatma Gandhi and the centenary of the International Labour Organisation (ILO).
The vehicle is equipped with a window garden, a washbasin and a desktop monitor.
A miniature manuscript written by the teenage Charlotte Bronte is returning to her childhood home in West Yorkshire after it was bought by a British museum at auction in Paris.
The movie, itself, is gray and murky like the toxic West Virginia waters that provide the film’s first gloomy sense of trouble. But just the same, "Dark Waters” will in its modest, steadfast way make your blood boil. And that will do.