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France buys new masterpiece for Orsay museum with LVMH gift

France has acquired a stunning Impressionist masterpiece for its national collection of art treasures, with a donation from luxury goods giant LVMH paying the 43 million euros (nearly $47 million) for “Boating Party” by 19th-century French artist Gustave Caillebotte.

The oil on canvas shows an oarsman in a top hat rowing his skiff on languid waters. The work, remarkable in its realism, delicate colors and almost cinematic perspective, as though the artist was in the boat with the rower, went on display Monday in the Musée d’Orsay. It is the latest addition to the Paris museum’s already impressive collection of Impressionist art.

The painting was sold by Caillebotte’s descendants. It had been one of the last Impressionist masterpieces still in private hands, said Jean-Paul Claverie, an adviser to LVMH boss Bernard Arnault.

“A work of art of this level, this quality, an absolute masterpiece, there are nearly no more left in the Impressionist period,” he said. “This painting was, of course, sought after by the biggest museums in the world,” he said.

Managing to keep the painting in France represented “a beautiful victory,” said the government’s culture minister, Rima Abdul Malak.

Although a prolific painter in his own right, Caillebotte was long better known as a millionaire patron of France’s Impressionist artists who revolutionized Western painting in the late 19th century.

Born into a wealthy family, Caillebotte accumulated an enviable collection of dozens of works by his friends Claude Monet, Pierre-Auguste Renoir, Camille Pissarro and other artists he helped support financially. Before his death, he bestowed their artworks to the French state, hoping they’d be displayed in the Louvre. Read More…

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