On November 5th, the Cleveland Museum of Art will auction off one of its six Claude Monet paintings in New York. Wheat Field (1881) carries an estimated price of $5–$7 million and the museum hopes to use the funds from the sale to strengthen its early 20th century European painting and sculpture collection, an area that has been lacking.
The Museum decided to auction Wheat Fields shortly after David Franklin was named the Museum’s director in 2010. Franklin did not think the painting could hold its own next to to the other five Monets in the museum’s collection including a widely admired Water Lily painting and the seminal, Red Kerchief.
Since Wheat Field was donated to the museum in 1947 as an unrestricted gift of Mrs. Henry White Cannon, the museum is able to sell the painting without fear of complaint from the donor’s family. The Museum would like to acquire a painting by The Scream artist, Edvard Munch, or Wassily Kandinsky, the pioneering Russian abstractionist, to help round out their collection.
