Monet painting sold for $41 million at NYC auction


(AP Photo/Frank Franklin II) :: Potential bidders attend the Spring 2008 Impressionist and Modern Art auction as Claude Monet's "Le Pont du chemin de fer a Argenteuil" sells for a total price of $41,481,000 including commission and a hammer price, as shown in photo, of $37 million (Euros 23,791,000) at Christies Tuesday, May 6, 2008 in New York. The painting was last auctioned in 1988 at Christie's for $12.4 million.


Updated: 5/7/2008

NEW YORK

A Claude Monet painting was auctioned Tuesday for more than $41 million, breaking the auction record for the French Impressionist artist.

''Le Pont du chemin de fer a Argenteuil'' — a painting of a bridge with two trains passing over the Seine while pleasure boats float below — was sold at a Christie's sale for $41,481,000, said Rik Pike, a spokesman for the auction house.

The previous record for a Monet painting was $36.5 million for his 1904 ''Nympheas,'' which was sold last year.

Christie's said the buyer wanted to remain anonymous.

The auction house didn't identify the seller either, but it reportedly was the Nahmads, a family of art dealers with galleries in New York and London.

The sale price, which included the buyer's premium, exceeded the pre-auction estimate of $35 million to $40 million, Pike said.

Argenteuil was a center for pleasure boating among affluent Parisians and a popular subject for many Impressionist artists. Monet, who rented a house near the cast-iron railway bridge, painted the work in 1873.


Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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