Whom You Know: Sotheby’s to Auction Three Remarkable Paintings by Claude Monet From a Private American Collection TOGETHER ESTIMATED TO ACHIEVE MORE THAN $40 MILLION Highlights of Sotheby’s Impressionist & Modern Art Evening Sale In New York on 4 November 2014 Our Coverage Sponsored by Stribling and Associates

Monday, October 20, 2014

Sotheby’s to Auction Three Remarkable Paintings by Claude Monet From a Private American Collection TOGETHER ESTIMATED TO ACHIEVE MORE THAN $40 MILLION Highlights of Sotheby’s Impressionist & Modern Art Evening Sale In New York on 4 November 2014 Our Coverage Sponsored by Stribling and Associates

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Sotheby’s will present three remarkable paintings by Claude Monet from an important American collection in its Evening Sale of Impressionist & Modern Art in New York on 4 November 2014. Created in the 1880s and ‘90s, the works trace the evolution of Monet's style as he challenged the limits of High Impressionism and experimented with an approach that would culminate in the Series Paintings of his later years. The group is led by Alice Hoschedé au jardin from 1881, which the artist personally selected as his standout work from that year (estimate $25/35 million*). The three canvases will be shown in Hong Kong on 24 & 25 October** before going on view at Sotheby’s New York headquarters beginning 31 October.

Simon Shaw, Co-Head of Sotheby’s Worldwide Impressionist & Modern Art Department, commented: “Claude Monet is an artist of truly global appeal – each new generation of collectors rediscovers and reinterprets this great master. We are pleased to offer three paintings of superb condition in our November sale, which together illustrate a fascinating moment in the artist’s career as he pushed the boundaries of Impressionist painting. The result was a more structured and colorful style, in which we witness the beginning of Abstract Expressionism and other influential movements in 20th century art. The works are appearing at auction for the first time in decades, and we look forward to presenting them to collectors this autumn.”

Alice Hoschedé au jardin

Painted in 1881

Estimate $25/35 million

Monet painted Alice Hoschedé au jardin in 1881 as a new chapter of his life was unfolding. Seated among the flowers is Alice Hoschedé, the artist's 37-year-old lover and the wife of his close friend and patron Ernst Hoschedé. The composition is lavished with all of the hallmarks of a great Impressionist composition, with its vivid color palette, intermingling of the natural elements and interplay of light and shadow.

Monet himself selected Alice Hoschedé au jardin for exhibition in 1889. At the Monet-Rodin show that debuted at the Galerie Georges Petit in Paris, Monet selected one painting for each year of his career between 1864 and 1884, in addition to several more recent works – he chose the present painting to represent his work of 1881. The canvas entered the collection of Catholina Lambert of Patterson, New Jersey in 1891, making it one of the earliest Impressionist pictures to arrive in the United States.

Sous les Peupliers

Painted in 1887

Estimate $12/18 million

Monet’s Sous les Peupliers is among the finest evocations of the French countryside that the artist painted in the 1880s. Its rich surface exemplifies the technical virtuosity Monet had achieved by the end of the decade. The idyllic agrarian subject matter of this work encapsulates the central focus of Monet’s oeuvre towards the end of the 19th century: he divorced himself from painting urban scenes and the banlieue of Paris, and devoted himself fully to his beloved countryside, with it majestic avenues of poplar trees, canals and wheat fields.

Église de Vernon, soleil

Painted in 1894

Estimate $7/9 million

Eglise de Vernon, soleil is the crowning achievement from the artist's series of paintings depicting the tranquil town of Vernon, with its resplendent reflection in the nearby Seine. During the spring of 1894, Monet repeatedly addressed the theme of reflection in his paintings of the Seine. Starting with a few relatively simple views of the river at Port-Villez, before moving downstream to tackle the more varied riverbanks at Vernon, Monet devoted a large proportion of his output that year to the French countryside surrounding his home at Giverny.

MONET AT SOTHEBY’S

Recent exceptional results for works by Monet are led by his Nymphéas, which achieved the top price of the June 2014 auction season when it sold at Sotheby’s London for $54 million - the second-highest price at auction for any work by the artist. Monet’s Le Palais Contarini was the top result of the June 2013 auction season as well, fetching $30.8 million at Sotheby’s London.

**The three paintings by Monet will be on view at Sotheby’s Hong Kong on Friday, 24 October from 10am–6pm and on Saturday, 25 October from 11am-5pm (One Pacific Place, 88 Queensway, Admiralty, Hong Kong, 5th floor).

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Sotheby’s has been uniting collectors with world-class works of art since 1744. Sotheby’s became the first international auction house when it expanded from London to New York (1955), the first to conduct sales in Hong Kong (1973), India (1992) and France (2001), and the first international fine art auction house in China (2012). Today, Sotheby’s presents auctions in 10 different salesrooms, including New York, London, Hong Kong and Paris, and Sotheby’s BidNow program allows visitors to view all auctions live online and place bids from anywhere in the world. Sotheby’s offers collectors the resources of Sotheby’s Financial Services, the world’s only full-service art financing company, as well as private sale opportunities in more than 70 categories, including S|2, the gallery arm of Sotheby's Contemporary Art department, and two retail businesses, Sotheby’s Diamonds and Sotheby’s Wine. Sotheby’s has a global network of 90 offices in 40 countries and is the oldest company listed on the New York Stock Exchange (BID).

*Estimates do not include buyer’s premium and prices achieved include the hammer price plus buyer’s premium.

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