Market dispatch·Paris
$56.2M Monet 'Iris' Sets French Auction Record as Sotheby's Schlumberger Sale Totals $83.6M
Claude Monet's 1924 painting 'Iris' sold for $56.19 million at Sotheby's Paris on October 22, 2026, becoming the most expensive artwork ever sold at auction in France, as the single-owner Schlumberger collection sale reached $83.58 million, well above its high estimate.

A late Monet has rewritten the French auction record book. On October 22, 2026, Sotheby's Paris offered the collection of Jeanne Schlumberger, a French collector and patron remembered for championing the artist's final decades of work, and the evening produced the highest price ever achieved for a work of art at auction in France. The sale, titled La Collection Schlumberger: Le Temps retrouvé, closed at $83.58 million, comfortably beyond a pre-sale high estimate of $61.05 million, with 23 of the 26 announced lots finding buyers.
The night belonged to a single canvas. Monet's Iris, painted in 1924, carried a low estimate of $24.9 million and climbed to $56.19 million after an extended contest in the room and on the telephones. Reporting on the sale described six bidders competing for roughly three quarters of an hour before the final two carried on for another 20 minutes, with the picture ultimately going to an Asian collector bidding by phone. The result more than doubled its low estimate and displaced a record that had stood since 2010, when Amedeo Modigliani's Head of a Caryatid reached €43.2 million.
The strength ran beyond the headline lot. Seventeen of the works sold above their high estimates, and only a small number finished below their low estimates, a pattern that points to broad demand for the collection rather than a single trophy bid. The Schlumberger name itself added to the occasion: Jeanne Schlumberger, who lived from 1889 to 1983, married into a family whose fortune came from oilfield technology, and she built a reputation as an early and determined supporter of Monet's late painting.
One smaller lot illustrated how far bidding could stretch. A work by Pierre Laprade, Roses, opened at a low estimate of just over $1,100 and finished at $25,900, more than twenty-two times that opening figure. The evening therefore delivered two kinds of news at once: a landmark price at the top of the market and evidence that collectors were willing to chase material at every level of a tightly focused, single-owner sale.


