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Case Study III

Claude Monet

Initial Sale Price:

Approximately $7,000 (1920)

Current Value:

$110,747,000 (sold in 2019)

Value Increase Over Time:

1,582,000% Claude Monet's Meules, part of his famed Haystacks series, serves as a prime example of the lasting appeal of classical works. Monet's pieces were valued at about $7,000 in 1920, a noteworthy figure at the time. Almost a century later, Meules fetched an extraordinary $110.7 million at auction in 2019, marking a record for impressionist art. This case confirms that art by established artists can achieve remarkable appreciation over time, especially as their global recognition grows.

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Other Case Studies

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Case Study I

Jean-Michel Basquiat
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Case Study II

Andy Warhol
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