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Cezanne Painting Sells for a Record $138 Million at Auction

The work carried a presale estimate of $120 million.

A rare painting by Paul Cézanne, La Montagne Sainte-Victoire (1888-1890) sold for $137.8 million at Christie’s in New York, in one stroke more than doubling the artist’s previous auction record of $60.5 million.

The painting is part of the evening sale of work from the estate of Paul Allen, who died in 2018. Allen paid top-dollar for the painting when he purchased it in May 2001 for $38.5 million.