The 1891 canvas, “Meule,” lifted Christie’s Impressionist and modern art evening sale to $246.3 million.
Sotheby’s evening sale of Impressionist and modern art tallied $157.7 million.
The billionaire could triple his investment when his Gerhard Richter painting of a jet fighter hits the auction market.
The artwork will lead Sotheby’s evening sale of Impressionist and modern art on Nov. 14.
Jittery investors in a slowing market are holding back masterpieces from public auctions.
For many galleries, art shows represent at least 40 percent of sales.
Sellers are preparing to bail on their investments after the emerging-art bubble burst.
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