New York

Claude Monet Painting Fetches $81.4 Million in NYC

Among other highlights at Wednesday's auction was a painting by Wassily Kandinsky that had not been on the market in more than 50 years

A painting from Claude Monet's acclaimed "Grainstack" series fetched $81.4 million at Christie's New York auction of impressionist and modern art.

Wednesday evening's sale set a new auction record for the artist. The previous auction record for a Monet was $80.4 million set in 2008.

The 1891 painting, shimmering with hues of reds, pinks, blues and yellow, depicts a close-up of a single cone-shaped stack after harvest.

Monet's "Grainstack" series - 25 in all - was painted just steps from his home outside a farmer's field in the French village of Giverny.

The work offered Wednesday night was one of a few still in private hands.

Among other highlights at Wednesday's auction was a painting by Wassily Kandinsky that had not been on the market in more than 50 years.

It sold for $23.3 million, a new record for the Russian artist. The previous record for his work was $23 million set in 2012.

"Rigid and Curved" was first owned by the Solomon R. Guggenheim Museum, which acquired it directly from the artist in 1936, a year after it was completed, according to Christie's.

A lively, colorful piece of geometric and organic shapes, it's been in the same private collection since 1964.

Christie's said the painting's texture of sand mixed with paint was a technique Kandinsky used only in his Paris paintings of 1934-1935.

Copyright AP - Associated Press
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