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LOT 24 A

Claude Monet (1840-1926), La Pointe du Petit Ailly

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Claude Monet (1840-1926)
La Pointe du Petit Ailly
signed and dated 'Claude Monet 97' (lower left)
oil on canvas
28 7/8 x 36 ½ in. (73.5 x 92.7 cm.)
Painted in 1897

Special Notice
On occasion, Christie's has a direct financial interest in the outcome of the sale of certain lots consigned for sale. This will usually be where it has guaranteed to the Seller that whatever the outcome of the auction, the Seller will receive a minimum sale price for the work. This is known as a minimum price guarantee.
Where Christie's has provided a Minimum Price Guarantee it is at risk of making a loss, which can be significant, if the lot fails to sell. Christie's therefore sometimes chooses to share that risk with a third party. In such cases the third party agrees prior to the auction to place an irrevocable written bid on the lot. The third party is therefore committed to bidding on the lot and, even if there are no other bids, buying the lot at the level of the written bid unless there are any higher bids. In doing so, the third party takes on all or part of the risk of the lot not being sold. If the lot is not sold, the third party may incur a loss. In most cases, Christie’s compensates the third party in exchange for accepting this risk with remuneration based on a fixed fee if the third party is the successful bidder or, if the third party is not the successful bidder, either a fixed fee or an amount calculated against the lot’s hammer price. The third party may also bid for the lot above the written bid. Where the third party is the successful bidder, Christie’s will report the final purchase price net of the fixed financing fee for taking on the guarantee risk.
Third party guarantors are required by us to disclose to anyone they are advising their financial interest in any lots they are guaranteeing. However, for the avoidance of any doubt, if you are advised by or bidding through an agent on a lot identified as being subject to a third party guarantee you should always ask your agent to confirm whether or not he or she has a financial interest in relation to the lot. This is a lot where Christie’s holds a direct financial guarantee interest that is backed by a third party’s irrevocable bid.

Provenance
Galerie Durand-Ruel et Cie., Paris (acquired from the artist, 28 November 1898).
Durand-Ruel Galleries, New York (acquired from the above, December 1914).
Jean d'Alayer, Paris (by descent from the above, 1949).
Lady Nicholas Sekers, London; sale, Sotheby & Co., London, 7 July 1971, lot 27.
Galerie Beyeler, Basel (acquired at the above sale).
Galerie de l'Elysée (Alex Maguy), Paris (acquired from the above, 15 September 1971).
Stephen Hahn Gallery, New York.
Stanford Z. Rothschild, Jr., Baltimore (acquired from the above, 23 February 1972).
Gift from the above to the present owner.

Pre-Lot Text
Property from the Rothschild Art Foundation

Literature
Letter from C. Monet to P. Durand-Ruel, 25 November 1898, no. 1419; reproduced in D. Wildenstein, Claude Monet: Biographie et catalogue raisonné, 1887-1898, Lausanne, 1979, p. 297.
D. Wildenstein, Claude Monet: Biographie et catalogue raisonné, 1887-1898, Lausanne, 1979, vol. III, p. 200, no. 1445 (illustrated, p. 201).
D. Wildenstein, Monet: Catalogue raisonné, supplément aux peintures, dessins, pastels, index, Lausanne, 1991, vol. V, p. 50, no. 1445.
D. Wildenstein, Monet: Catalogue raisonné, Cologne, 1996, vol. III, p. 599, no. 1445 (illustrated in color).

Exhibited
Paris, Galeries Georges Petit, Claude Monet, June 1898, p. 5, no. 24 or 25.
New York, Durand-Ruel Galleries, Claude Monet, March 1915, no. 7.
(possibly) London, Marlborough Fine Art, Ltd., Claude Monet: British Empire Cancer Campaign, June-July 1954, p. 41, no. 45 (titled La Pointe du Petit Ailly, Varengeville).
Boston, Museum of Fine Arts; The Art Institute of Chicago and London, The Royal Academy, Monet in the 90s: The Series Paintings, February-December 1990, p. 259, no. 65 (illustrated in color, pl. 80).
The Art Institute of Chicago, Claude Monet, July-November 1995, no. 109.

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[ translate ]

Claude Monet (1840-1926)
La Pointe du Petit Ailly
signed and dated 'Claude Monet 97' (lower left)
oil on canvas
28 7/8 x 36 ½ in. (73.5 x 92.7 cm.)
Painted in 1897

Special Notice
On occasion, Christie's has a direct financial interest in the outcome of the sale of certain lots consigned for sale. This will usually be where it has guaranteed to the Seller that whatever the outcome of the auction, the Seller will receive a minimum sale price for the work. This is known as a minimum price guarantee.
Where Christie's has provided a Minimum Price Guarantee it is at risk of making a loss, which can be significant, if the lot fails to sell. Christie's therefore sometimes chooses to share that risk with a third party. In such cases the third party agrees prior to the auction to place an irrevocable written bid on the lot. The third party is therefore committed to bidding on the lot and, even if there are no other bids, buying the lot at the level of the written bid unless there are any higher bids. In doing so, the third party takes on all or part of the risk of the lot not being sold. If the lot is not sold, the third party may incur a loss. In most cases, Christie’s compensates the third party in exchange for accepting this risk with remuneration based on a fixed fee if the third party is the successful bidder or, if the third party is not the successful bidder, either a fixed fee or an amount calculated against the lot’s hammer price. The third party may also bid for the lot above the written bid. Where the third party is the successful bidder, Christie’s will report the final purchase price net of the fixed financing fee for taking on the guarantee risk.
Third party guarantors are required by us to disclose to anyone they are advising their financial interest in any lots they are guaranteeing. However, for the avoidance of any doubt, if you are advised by or bidding through an agent on a lot identified as being subject to a third party guarantee you should always ask your agent to confirm whether or not he or she has a financial interest in relation to the lot. This is a lot where Christie’s holds a direct financial guarantee interest that is backed by a third party’s irrevocable bid.

Provenance
Galerie Durand-Ruel et Cie., Paris (acquired from the artist, 28 November 1898).
Durand-Ruel Galleries, New York (acquired from the above, December 1914).
Jean d'Alayer, Paris (by descent from the above, 1949).
Lady Nicholas Sekers, London; sale, Sotheby & Co., London, 7 July 1971, lot 27.
Galerie Beyeler, Basel (acquired at the above sale).
Galerie de l'Elysée (Alex Maguy), Paris (acquired from the above, 15 September 1971).
Stephen Hahn Gallery, New York.
Stanford Z. Rothschild, Jr., Baltimore (acquired from the above, 23 February 1972).
Gift from the above to the present owner.

Pre-Lot Text
Property from the Rothschild Art Foundation

Literature
Letter from C. Monet to P. Durand-Ruel, 25 November 1898, no. 1419; reproduced in D. Wildenstein, Claude Monet: Biographie et catalogue raisonné, 1887-1898, Lausanne, 1979, p. 297.
D. Wildenstein, Claude Monet: Biographie et catalogue raisonné, 1887-1898, Lausanne, 1979, vol. III, p. 200, no. 1445 (illustrated, p. 201).
D. Wildenstein, Monet: Catalogue raisonné, supplément aux peintures, dessins, pastels, index, Lausanne, 1991, vol. V, p. 50, no. 1445.
D. Wildenstein, Monet: Catalogue raisonné, Cologne, 1996, vol. III, p. 599, no. 1445 (illustrated in color).

Exhibited
Paris, Galeries Georges Petit, Claude Monet, June 1898, p. 5, no. 24 or 25.
New York, Durand-Ruel Galleries, Claude Monet, March 1915, no. 7.
(possibly) London, Marlborough Fine Art, Ltd., Claude Monet: British Empire Cancer Campaign, June-July 1954, p. 41, no. 45 (titled La Pointe du Petit Ailly, Varengeville).
Boston, Museum of Fine Arts; The Art Institute of Chicago and London, The Royal Academy, Monet in the 90s: The Series Paintings, February-December 1990, p. 259, no. 65 (illustrated in color, pl. 80).
The Art Institute of Chicago, Claude Monet, July-November 1995, no. 109.

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Sale price
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Time, Location
13 Nov 2017
USA, New York, NY
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