Monet Sells for Record $41M

Painting fetches tidy sum at Christie's
By Laurel Jorgensen,  Newser Staff
Posted May 6, 2008 10:05 PM CDT
Potential bidders attend the Spring 2008 Impressionist and Modern Art auction as Claude Monet's "Le Pont du chemin de fer a Argenteuil" is on display at Christie's Tuesday, May 6, 2008 in New York.    (AP Photo/Frank Franklin II)
camera-icon View 2 more images

(Newser) – A Monet painting sold at Christie’s tonight for $41.4 million, a record price for the artist, the New York Times reports. Three bidders competed for the 1873 impressionist painting “The Railroad Bridge at Argenteuil,” which Christie’s estimated would go for $35 million. The high bid of $37 million pushed the final price, which includes auction house commissions, above $40 million, providing further evidence that the economic downturn has yet to dent the art world.