The painting "Limetz's Mill" by Monet, one of the painters depicting the most important paintings of the "Impressionism" movement, will be auctioned in New York in May.
The work, which depicts a mill in the village of Limetz, will be exhibited at Christie's auction house in Paris until April 9 before being sold.
Antoine Lebouteiller, Director of the Impressionism and Modern Art Department at Christie's auction house in Paris, stated in his statement that Monet painted "The Mill of Limetz" in 1888.
Lebouteiller stated that the village of Limetz, which gave its name to the work, is close to the village of Giverny, where Monet lived, and pointed out that this painting is a part of the impressionism movement.
Noting that Monet has only two paintings about the mill in Limetz, Lebouteiller pointed out that the mill is also reflected in the river in the work.
Lebouteiller said that its current owners, the Nelson-Atkins Museum of Art and the Atha family, entrusted this work to the auction house for the exhibition.
Emphasizing that this work changed hands very little over time, Lebouteiller noted that in 1891, the painting was purchased by the Durand-Ruel Gallery from the painter himself.
Lebouteiller explained that the work, which was sold to a Parisian collector at the beginning of the 20th century, was sold at auction and taken to the USA when the owner died in 1936.
Record estimate at auction for Monet's 'The Mill of Limetz', one of the most important works of the 'Impressionism' movement - Picture: 7
Stating that the work, which was purchased by the Atha family in the 1940s, was partially entrusted to the Nelson-Atkins Museum of Art in New York in the 1980s, Lebouteiller stated that today, the heirs of the Atha family and the museum will sell the work by mutual decision.
Lebouteiller shared the information that Monet's "The Mill of Limetz" will be sold at auction at Christie's auction house in New York next month for an estimated $18 to 25 million.