Sotheby’s will offer a rare view of Venice by Claude Monet in its February 3 Impressionist & Modern Art Evening Sale in London. The 1908 painting titled “Le Grand Canal” will be offered with an estimate of £20-30 million /$30.6 -45.9m /€25.6-38.3m.“Le Grand Canal” was painted during a three-month trip to Venice in 1908 at the height of Monet’s career, making it a highly sought after work. It has been exhibited around the world, most recently at the National Gallery in London where it was on loan for eight years from 2006-2014.Helena Newman, Sotheby’s Co-Head, Impressionist & Modern Art Worldwide, said: “The market for works by Claude Monet has now reached an all-time point of strength, with bidders coming from four times as many countries as a decade ago.“Reflecting the outstanding quality and beauty of the work, Le Grand Canal was prominently displayed for eight years at The National Gallery, London.Given the painting’s rarity and ex ceptional quality, and the strong price of £19.7m achieved when we sold Monet’s Venice view Le Palais Contarini in 2013, we anticipate enthusiastic global interest prior to the sale in February.”Prior to the Sotheby’s auction on February 3 in London, the painting will be exhibited in Taipei on January 7, in Hong Hong Kong from January 9-12, in New York from January 21-23, and then in London from January 28 – February 3.
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