Only about half the works that novelist and former MP Lord Jeffrey Archer offered at Christie’s yesterday found buyers, but one of them made all the difference. An impressionist oil by Monet sold for $4.9m, almost doubling its estimate, and propelling the London sale, which also included works by Rodin and Warhol, to an $8.2m total.
An unnamed buyer from the U.S. bought Monet’s “La Seine pres de Vetheuil, temps orageux, 1878,” prevailing over what Christie’s said was “a lot of competition from the States and from Europe.” Archer, a convicted felon, has promised to donate a portion of the proceeds to charity.
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