Art Market is Strong Monet New Record

Yesterday Christie's auctioned off "Le Pont du chemin de fer a Argenteuil" a painting of a bridge by Impressionist Claude Monet.

The painting brought in $41.181 million, setting a new record for the popular French artist and besting the estimate of $35 million to $40 million. The previous record for a Monet painting, $36.5 million for his 1904 "Nympheas," was set just last year.

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. [from msn]

RegiaArt.com