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LOT 42 A

Claude Monet (1840-1926), Le Rio de la Salute

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Claude Monet (1840-1926)
Le Rio de la Salute
signed and dated 'Claude Monet 1908' (lower left)
oil on canvas
32 x 25 ½ in. (81.3 x 64.9 cm.)
Painted in 1908

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 Bernheim-Jeune et Cie., Paris and Galerie Durand-Ruel et Cie., Paris (acquired from the artist, March 1912).
Ellen H. Henderson, New Orleans (acquired from the above, November 1912).
Sylvester W. Labrot, Jr., Hobe Sound, Florida (by descent from the above, 1939).
Robert Leonhardt, New York.
M. Knoedler & Co., Inc., New York.
Tyler G. Gregory, Pasadena.
Stephen Hahn, New York.
Thomas D. Neelands, Jr., New York; Estate sale, Sotheby Parke-Bernet, New York, 26 April 1972, lot 5.
Stanford Z. Rothschild, Jr., Baltimore (acquired at the above sale).
Gift from the above to the present owner.

Pre-Lot Text
Property from the Rothschild Art Foundation

Literature
Letter from C. Monet to G. Bernheim-Jeune, 29 March 1912, reproduced in D. Wildenstein, Claude Monet: Biographie et catalogue raisonné, 1899-1926, peintures, Lausanne, 1985, vol. IV, p. 384, no. 2001a.
Letter from P. Durand-Ruel to Monet, 17 April 1912, reproduced in D. Wildenstein, Claude Monet: Biographie et catalogue raisonné, 1899-1926, peintures, Lausanne, 1985, vol. IV, p. 430, no. 239.
Letter from J. Bernheim-Jeune to Monet, 17 May 1912, reproduced in D. Wildenstein, Claude Monet: Biographie et catalogue raisonné, 1899-1926, peintures, Lausanne, 1985, vol. IV, p. 430, no. 240.
A. Alexandre, "La vie artistique: Claude Monet et Venise" in Le Figaro, 29 May 1912, p. 4.
Letter from A. Cochrane to E. Henderson, 6 November 1912, reproduced in D. Wildenstein, Claude Monet: Biographie et catalogue raisonné, 1899-1926, peintures, Lausanne, 1985, vol. IV, p. 430, no. 254.
G. Geffroy, "La Venise de Cl. Monet" in La Dépêche, 30 May 1912, p. 1.
H. Genet, "Beaux-Arts et Curiosité: Les 'Venise' de Cl. Monet" in L’Opinion, 1 June 1912, p. 698.
G. Lecomte, "La vie artistique: un radieux poème à la gloire de Venise, c'est l'illustre peintre Claude Monet qui nous en donne la joie" in Le Matin, 3 June 1912, p. 6.
A. Michel, "Promenade aux Salons: VI" in Journal des Débats, 5 June 1912, p. 1.
"Art et Curiosité: Venise vue par Claude Monet" in Le Temps, 11 June 1912, p. 4.
G. Geffroy, Claude Monet: sa vie, son temps, son oeuvre, Paris, 1922, p. 318.
D. Wildenstein, Claude Monet: Biographie et catalogue raisonné, 1899-1926, peintures, Lausanne, 1985, vol. IV, p. 242, no. 1761(illustrated, p. 243).
D. Wildenstein, Monet: Catalogue raisonné, Cologne, 1996, vol. IV, pp. 826-827, no. 1761 (illustrated in color, p. 826).

Exhibited
Paris, Galerie Bernheim-Jeune et Cie., Monet: "Venise", May-June 1912, no. 22 (illustrated).
Boston, Brooks Reed Gallery, Monet: Venise, 1912.
Pasadena Art Museum, A View of the Century, November-December 1964, no. 2 (illustrated).
Fort Worth, Kimbell Art Museum, Monet and the Mediterranean, June-September 1997, p. 172 (illustrated in color, p. 173, pl. 99).
Baltimore, The Walters Art Museum, Monet: Paintings of Giverny from the Musée Marmottan, March-May 1998.

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[ translate ]

Claude Monet (1840-1926)
Le Rio de la Salute
signed and dated 'Claude Monet 1908' (lower left)
oil on canvas
32 x 25 ½ in. (81.3 x 64.9 cm.)
Painted in 1908

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 Bernheim-Jeune et Cie., Paris and Galerie Durand-Ruel et Cie., Paris (acquired from the artist, March 1912).
Ellen H. Henderson, New Orleans (acquired from the above, November 1912).
Sylvester W. Labrot, Jr., Hobe Sound, Florida (by descent from the above, 1939).
Robert Leonhardt, New York.
M. Knoedler & Co., Inc., New York.
Tyler G. Gregory, Pasadena.
Stephen Hahn, New York.
Thomas D. Neelands, Jr., New York; Estate sale, Sotheby Parke-Bernet, New York, 26 April 1972, lot 5.
Stanford Z. Rothschild, Jr., Baltimore (acquired at the above sale).
Gift from the above to the present owner.

Pre-Lot Text
Property from the Rothschild Art Foundation

Literature
Letter from C. Monet to G. Bernheim-Jeune, 29 March 1912, reproduced in D. Wildenstein, Claude Monet: Biographie et catalogue raisonné, 1899-1926, peintures, Lausanne, 1985, vol. IV, p. 384, no. 2001a.
Letter from P. Durand-Ruel to Monet, 17 April 1912, reproduced in D. Wildenstein, Claude Monet: Biographie et catalogue raisonné, 1899-1926, peintures, Lausanne, 1985, vol. IV, p. 430, no. 239.
Letter from J. Bernheim-Jeune to Monet, 17 May 1912, reproduced in D. Wildenstein, Claude Monet: Biographie et catalogue raisonné, 1899-1926, peintures, Lausanne, 1985, vol. IV, p. 430, no. 240.
A. Alexandre, "La vie artistique: Claude Monet et Venise" in Le Figaro, 29 May 1912, p. 4.
Letter from A. Cochrane to E. Henderson, 6 November 1912, reproduced in D. Wildenstein, Claude Monet: Biographie et catalogue raisonné, 1899-1926, peintures, Lausanne, 1985, vol. IV, p. 430, no. 254.
G. Geffroy, "La Venise de Cl. Monet" in La Dépêche, 30 May 1912, p. 1.
H. Genet, "Beaux-Arts et Curiosité: Les 'Venise' de Cl. Monet" in L’Opinion, 1 June 1912, p. 698.
G. Lecomte, "La vie artistique: un radieux poème à la gloire de Venise, c'est l'illustre peintre Claude Monet qui nous en donne la joie" in Le Matin, 3 June 1912, p. 6.
A. Michel, "Promenade aux Salons: VI" in Journal des Débats, 5 June 1912, p. 1.
"Art et Curiosité: Venise vue par Claude Monet" in Le Temps, 11 June 1912, p. 4.
G. Geffroy, Claude Monet: sa vie, son temps, son oeuvre, Paris, 1922, p. 318.
D. Wildenstein, Claude Monet: Biographie et catalogue raisonné, 1899-1926, peintures, Lausanne, 1985, vol. IV, p. 242, no. 1761(illustrated, p. 243).
D. Wildenstein, Monet: Catalogue raisonné, Cologne, 1996, vol. IV, pp. 826-827, no. 1761 (illustrated in color, p. 826).

Exhibited
Paris, Galerie Bernheim-Jeune et Cie., Monet: "Venise", May-June 1912, no. 22 (illustrated).
Boston, Brooks Reed Gallery, Monet: Venise, 1912.
Pasadena Art Museum, A View of the Century, November-December 1964, no. 2 (illustrated).
Fort Worth, Kimbell Art Museum, Monet and the Mediterranean, June-September 1997, p. 172 (illustrated in color, p. 173, pl. 99).
Baltimore, The Walters Art Museum, Monet: Paintings of Giverny from the Musée Marmottan, March-May 1998.

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Time, Location
13 Nov 2017
USA, New York, NY
Auction House
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