Monet's 'Haystacks' sells for record $110.7M at auction

May 14 (Reuters) - One of the few paintings in Claude Monet's celebrated "Haystacks" series that still remains in private hands sold at auction on Tuesday for $110.7 million, setting a record for an Impressionist work.

The oil on canvas, titled "Meules" and completed in 1890, is the first piece of Impressionist art to command more than $100 million at auction, said Sotheby's, which handled the sale.

That also represents the highest sum ever paid at auction for a painting by Monet, the founder of French Impressionism and a master of "plein air" landscapes who died in 1926, aged 86.

"Meules" was one of 25 paintings in a series depicting stacks of harvested wheat belonging to Monet's neighbor in Giverny, France.

40 PHOTOS
Claude Monet's paintings
See Gallery
Claude Monet's paintings
NEW YORK, NEW YORK - MAY 03: A painting entitled " Meules" by Claude Monet (1840-1926) is displayed during the unveiling of new public art galleries at Sotheby's on May 03, 2019 in New York City. (Photo by John Lamparski/Getty Images)
NEW YORK, NEW YORK - MAY 03: A painting entitled " Meules" by Claude Monet (1840-1926) is displayed during the unveiling of new public art galleries at Sotheby's on May 03, 2019 in New York City. (Photo by John Lamparski/Getty Images)
PARIS, FRANCE - MARCH 19: A visitor looks at a painting entitled "Champ de coquelicots pres de Vetheuil" by French artist Claude Monet during a press visit of the "La Collection Emil Buhrle" exhibition at the "Musee Maillol" on March 19, 2019 in Paris, France. The Musee Maillol is presenting more than fifty works from the Collection Emil Buhrle which will be exhibited for the first time in France. This private collection, which is one of the most prestigious in the world, was assembled by Emil Georg Burhle, a German-born Swiss industrialist, between 1936 and 1956, the year of his death. The exhibition will take place from March 20 to July 21, 2019. (Photo by Chesnot/Getty Images)
PARIS, FRANCE - MARCH 19: A visitor looks at a painting entitled "Champ de coquelicots pres de Vetheuil" (R) by French artist Claude Monet during a press visit of the "La Collection Emil Buhrle" exhibition at the "Musee Maillol" on March 19, 2019 in Paris, France. The Musee Maillol is presenting more than fifty works from the Collection Emil Buhrle which will be exhibited for the first time in France. This private collection, which is one of the most prestigious in the world, was assembled by Emil Georg Burhle, a German-born Swiss industrialist, between 1936 and 1956, the year of his death. The exhibition will take place from March 20 to July 21, 2019. (Photo by Chesnot/Getty Images)
Christie's employee pose with the painting entitled 'Iris' (R) by French Impressionist Claude Monet, estimated at 4 - 6 million GBP (5.2 - 7.8 million USD) and 'Sentier dans le bois' by French artist Pierre-Auguste Renoir (L), estimated at 7.5 - 10.5 million GBP (9.8 - 13.7 million USD), at a photocall at Christie's auction house in central London on February 21, 2019 ahead of the Hidden Treasures: Masterpieces from an Important Private Collection Impressionist and Modern Art sale. (Photo by Tolga Akmen / AFP) / RESTRICTED TO EDITORIAL USE - MANDATORY MENTION OF THE ARTIST UPON PUBLICATION - TO ILLUSTRATE THE EVENT AS SPECIFIED IN THE CAPTION (Photo credit should read TOLGA AKMEN/AFP/Getty Images)
Christie's employees (C) pose with the painting entitled 'Saule pleureur et bassin aux nymphéas' by French Impressionist Claude Monet, estimated to be sold for at least 40 million GBP (52 million USD), at a photocall at Christie's auction house in central London on February 21, 2019 ahead of the Hidden Treasures: Masterpieces from an Important Private Collection Impressionist and Modern Art sale. (Photo by Tolga Akmen / AFP) / RESTRICTED TO EDITORIAL USE - MANDATORY MENTION OF THE ARTIST UPON PUBLICATION - TO ILLUSTRATE THE EVENT AS SPECIFIED IN THE CAPTION (Photo credit should read TOLGA AKMEN/AFP/Getty Images)
A Christie's employee poses with the painting entitled 'Iris' by French Impressionist Claude Monet, estimated at 4 - 6 million GBP (5.2 - 7.8 million USD) at a photocall at Christie's auction house in central London on February 21, 2019 ahead of the Hidden Treasures: Masterpieces from an Important Private Collection Impressionist and Modern Art sale. (Photo by Tolga Akmen / AFP) / RESTRICTED TO EDITORIAL USE - MANDATORY MENTION OF THE ARTIST UPON PUBLICATION - TO ILLUSTRATE THE EVENT AS SPECIFIED IN THE CAPTION (Photo credit should read TOLGA AKMEN/AFP/Getty Images)
Christie's employees pose with the painting entitled 'Saule pleureur et bassin aux nymphéas' by French Impressionist Claude Monet, estimated to be sold for at least 40 million GBP (52 million USD), at a photocall at Christie's auction house in central London on February 21, 2019 ahead of the Hidden Treasures: Masterpieces from an Important Private Collection Impressionist and Modern Art sale. (Photo by Tolga Akmen / AFP) / RESTRICTED TO EDITORIAL USE - MANDATORY MENTION OF THE ARTIST UPON PUBLICATION - TO ILLUSTRATE THE EVENT AS SPECIFIED IN THE CAPTION (Photo credit should read TOLGA AKMEN/AFP/Getty Images)
Claude Monet (1840-1926). French painter. Water Lilies, ca.1915. Wallraf-Richartz Museum. Cologne. Germany. (Photo by: PHAS/UIG via Getty Images)
Japanese Footbridge, Monet, Claude, 1913 . (Photo by: Picturenow/UIG via Getty Images)
Weeping Willow, Monet, Claude, 1919 . (Photo by: Picturenow/UIG via Getty Images)
Parliament in Fog, Monet, Claude, 1904 . (Photo by: Picturenow/UIG via Getty Images)
Waterloo Bridge in Mist, Monet, Claude, 1903 . (Photo by: Picturenow/UIG via Getty Images)
Bend in the River, Monet, Claude, 1888 . (Photo by: Picturenow/UIG via Getty Images)
Cabin with a View, Monet, Claude, 1882 . (Photo by: Picturenow/UIG via Getty Images)
Field at Sunset, Monet, Claude, 1891 . (Photo by: Picturenow/UIG via Getty Images)
Ocean View, Monet, Claude, 1888 . (Photo by: Picturenow/UIG via Getty Images)
Grainstacks in Snow, Monet, Claude, 1891 . (Photo by: Picturenow/UIG via Getty Images)
Lemon Trees, Monet, Claude, 1884 . (Photo by: Picturenow/UIG via Getty Images)
Houseboat in River, Monet, Claude, 1876 . (Photo by: Picturenow/UIG via Getty Images)
Vetheuil Landscape, Monet, Claude, 1879 . (Photo by: Picturenow/UIG via Getty Images)
The Tuileries, Monet, Claude, 1875 . (Photo by: Picturenow/UIG via Getty Images)
Argenteuil Yacht Race, Monet, Claude, 1872 . (Photo by: Picturenow/UIG via Getty Images)
Grand Quai at Havre, Monet, Claude, 1874 . (Photo by: Picturenow/UIG via Getty Images)
Seine Riverbank Scene, Monet, Claude, 1872 . (Photo by: Picturenow/UIG via Getty Images)
Seine at Asnieres, Monet, Claude, 1873 . (Photo by: Picturenow/UIG via Getty Images)
A Branch of the Seine Near Giverny, Monet, Claude, 1897 . (Photo by: Picturenow/UIG via Getty Images)
Parliament in Storm, Monet, Claude, 1904 . (Photo by: Picturenow/UIG via Getty Images)
Ducal Palace Venice, Monet, Claude, 1908 . (Photo by: Picturenow/UIG via Getty Images)
Tree in Cap dAntibes, Monet, Claude, 1888 . (Photo by: Picturenow/UIG via Getty Images)
House Among the Palms, Monet, Claude, 1884 . (Photo by: Picturenow/UIG via Getty Images)
Cliffs at Etretat, Monet, Claude, 1885 . (Photo by: Picturenow/UIG via Getty Images)
Bridge at Argenteuil, Monet, Claude, 1873 . (Photo by: Picturenow/UIG via Getty Images)
Cliffs at Belle-Ile, Monet, Claude, 1886 . (Photo by: Picturenow/UIG via Getty Images)
Blue House and Fence, Monet, Claude, 1871 . (Photo by: Picturenow/UIG via Getty Images)
Public Gardens, Monet, Claude, 1867 . (Photo by: Picturenow/UIG via Getty Images)
Houses in Countryside, Monet, Claude, 1873 . (Photo by: Picturenow/UIG via Getty Images)
Family Starts Lunch, Monet, Claude, 1868 . (Photo by: Picturenow/UIG via Getty Images)
Emily Talbot, assistant curator of the Norton Simon Museum, views "The Artist's Garden at Vetheuil" (1881) by Claude Monet at the National Gallery of Art's conservation laboratory in Washington on May 17, 2018. - Two versions of Monet's paintings of the same scene are on view together, at the National Gallery of Art, for the first time since they were created more than a century ago. (Photo by Olivia HAMPTON / AFP) / RESTRICTED TO EDITORIAL USE - MANDATORY MENTION OF THE ARTIST UPON PUBLICATION - TO ILLUSTRATE THE EVENT AS SPECIFIED IN THE CAPTION (Photo credit should read OLIVIA HAMPTON/AFP/Getty Images)
Ann Hoenigswald, senior conservator of paintings at the National Gallery of Art, looks at "The Artist's Garden at Vetheuil" (1881) by Claude Monet, unframed, with a version held by the Norton Simon Museum in the background, at the National Gallery of Art's conservation laboratory in Washington on May 17, 2018. - Two versions of Monet's paintings of the same scene are on view together, at the National Gallery of Art, for the first time since they were created more than a century ago. (Photo by Olivia HAMPTON / AFP) / RESTRICTED TO EDITORIAL USE - MANDATORY MENTION OF THE ARTIST UPON PUBLICATION - TO ILLUSTRATE THE EVENT AS SPECIFIED IN THE CAPTION (Photo credit should read OLIVIA HAMPTON/AFP/Getty Images)
HIDE CAPTION
SHOW CAPTION
of
SEE ALL
BACK TO SLIDE

The works are widely acclaimed for capturing the play of light on his subject and for their influence on the Impressionist movement.

Most works in the series have long been displayed in top world museums, from the Getty Center in Los Angeles to the Musee D'Orsay in Paris and the Metropolitan Museum of Art in New York.

"Meules" is one of only four to have come up for auction this century.

Sotheby's said the painting was acquired by wealthy Chicago socialites directly from Monet's dealer in the 1890s and remained in the family until it was bought at auction in 1986 by the present sellers for $2.53 million.

The auction house did not identify the painting's buyer, who beat out five other bidders in an eight-minute auction in New York City. (Reporting by Lisa Richwine and Dan Whitcomb; Editing by Clarence Fernandez)

Read Full Story

Sign up for Breaking News by AOL to get the latest breaking news alerts and updates delivered straight to your inbox.

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.