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Monet painting Iris becomes most expensive work ever auctioned in France for 50 million euros

Monet painting Iris becomes most expensive work ever auctioned in France for 50 million euros

A painting by Claude Monet titled Iris has become the most expensive work ever auctioned in France after selling for 50 million euros. The artwork, previously owned by the Schlumberger family, was purchased by an anonymous Asian buyer amidst a surge in international interest in the artist's work.

A painting by Claude Monet titled Iris has achieved a record-breaking auction price in France, selling for 50 million euros. The artwork, which measures 1.6 by 1.8 meters, far exceeded its initial valuation of 22 to 30 million euros. Previously held by the wealthy Schlumberger family, the painting has now been purchased by an anonymous buyer from Asia. For decades, the piece remained in a private residence and was never exhibited to the general public, with only a black-and-white photograph existing for reference.

The sale comes as part of a surge of interest in Monet's work, coinciding with the upcoming centenary of the artist's death on December 5. Auction house Sotheby's is managing the sale of additional Monet works, while rival house Christie's recently auctioned two other pieces by the artist in Paris. Currently, two major exhibitions featuring Monet are being held in the city to mark the anniversary of his passing.

Based on reporting by nu. Translated and condensed by LocalHeadlines.

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