Claude Monet's Haystacks Series Estimated to Sell for in Excess of $55 Million
SOTHEBY’S TO OFFER AN ICON OF IMPRESSIONISM
One of the Finest Examples of Claude Monet’s Renowned Haystacks Series, Meules from 1890 Is Estimated to Sell for in Excess of $55 Million
On Public View for the First Time in Over 30 Years This Spring in New York
Leading an Important Private Collection of Impressionist Paintings Including Works by: Pierre Bonnard | Édouard Manet | Camille Pissarro Pierre-Auguste Renoir | Paul Signac | Alfred Sisley | Édouard Vuillard
Highlighting Sotheby’s IMPRESSIONIST & MODERN ART EVENING SALE This May in New York
New York Exhibition Opens on 3 May In Sotheby’s Newly-Expanded & Reimagined Galleries
NEW YORK, 15 March 2019 – Sotheby’s is honored to announce that an enduring symbol of Impressionism from Claude Monet’s iconic Haystacks series will lead an important private collection of eight Impressionist masterworks on offer in our Evening Sale of Impressionist & Modern Art on 14 May in New York.
Of the 25 canvases that the artist created in the early 1890s, Meules from 1890 is one of only four works from this series to come to auction this century and one of only eight remaining in private hands. The other 17 examples reside in the distinguished collections of The Metropolitan Museum of Art, New York, the Musée d’Orsay, Paris and, perhaps most notably, six in the collection of the Art Institute of Chicago. Meules is further distinguished by its illustrious provenance, having been acquired by wealthy Chicago socialites and fervent collectors of Impressionist works, Mr. and Mrs. Potter Palmer, directly from the artist’s dealer in the 1890s.
Having remained in the same private collection since it was acquired by the present owners at auction in 1986, the radiant canvas will be offered this May with an estimate in excess of $55 million.
Meules belongs to a group of eight outstanding works by Impressionist masters on offer this May from the same important private collection, including defining examples by Pierre Bonnard, Édouard Manet, Camille Pissarro, Pierre-Auguste Renoir, Paul Signac, Alfred Sisley and Édouard Vuillard. A portion of the proceeds from the sale of the collection will significantly benefit two world-renowned, not-for-profit institutions in the fields of science and music.
This exquisite group of works will debut in a public exhibition beginning 3 May in Sotheby’s newly reimagined and expanded York Avenue galleries. This exhibition marks the first public viewing of Meules in over three decades.
August Uribe, Head of Sotheby’s Impressionist & Modern Art Department in New York, commented: “It is a privilege to present one of Claude Monet’s defining Impressionist paintings in our Evening Sale this May. One of the most recognizable images in art history, Monet’s Haystacks series has long served as an inspiration to countless artists since its creation in the early 1890s, and continues to inspire anyone who has viewed one of these canvases first hand. Prior to 2016, a Haystack had not been presented to collectors since Sotheby’s London offered a work from the series in June 2001, nearly 20 years ago. In addition, the seven pictures that round out this collection are exceptional in their own right, and the group as a whole is among the finest assemblages of Impressionist works that we have seen in recent years. Anytime a work, such as Meules, that has been so formative in the canon of art history comes to auction there is a palpable energy that ricochets through the market. It is with this immense enthusiasm that we look forward to presenting this wonderful group to collectors worldwide this May.”
Brooke Lampley, Vice Chairman of Sotheby’s Fine Art Division, said: “It was in 1890 with the Haystacks that Monet first began an intrepid exploration of the varying effects of light and atmosphere on a single subject over the course of time. It is these “series” pictures of haystacks, the Rouen Cathedral, and water lilies in Giverny that would eventually come to define his immense contribution to not only Impressionism, but also Abstraction and 20th century art. Now the most celebrated works of Monet's oeuvre, the series pictures are sought after by Impressionist and Contemporary collectors alike. It is a thrill to be offering a Meule that is not only distinguished among those remaining in private hands, but also easily ranks among the best in the entire series. This is a painting that showcases Claude Monet as an unparalleled landscape painter, and a radically innovative conceptual artist who would influence generations of artists to come.”
CLAUDE MONET’S MEULES
Painted at the height of Claude Monet’s artistic powers, Meules stands as a seminal work of Impressionism.
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