Monet's 'Iris' sets French auction record at €50 million
Schlumberger sale at Sotheby's Paris anchors a Paris auction week worth roughly €300 million
PARIS — Claude Monet's late canvas 'Iris' (1924-25) sold for €50 million, about $56 million with fees, at Sotheby's Paris on October 22. That is the highest price ever paid at auction in France. Six bidders competed for 45 minutes. The painting had been estimated at €22 million to €30 million and went to a private buyer in Asia. It led the sale of Jeanne Schlumberger's collection, which sold every lot and made €74.4 million. Sotheby's calls it its largest fine-art sale in Paris. Monet's world record is still $110.7 million, set in 2019 for 'Meules'. The Italian business daily Il Sole 24 Ore puts total sales across the Christie's, Sotheby's, Phillips and Artcurial Paris sales at about €300 million. Records that week included a Victor Brauner surrealist work at €1 million. New York's November marquee sales are next.
Why it mattersA nine-figure-dollar week in Paris suggests top-end demand for Impressionist and modern works is holding up before the New York season.









