How Much Is Cassis. Cap Canaille Worth?

$12,000,000 - $30,000,000

Last updated: April 24, 2026

Quick Facts

Last Sale
$14.0M (2007, Christie's, New York (Impressionist & Modern Evening Sale))
Methodology
comparable analysis

Using the painting’s documented 2007 Christie’s sale ($14,041,000) as the primary benchmark and placing that result against subsequent high‑end Signac attestations (notably the $39.32M Concarneau, 2022), I estimate the current fair market range for Cassis. Cap Canaille (Op.200, 1889) at $12,000,000–$30,000,000. This assumes the lot is the same canvas in comparable condition and with the same provenance/literature record; an evening‑sale placement with institutional interest could push realization toward the top of the range.

Cassis. Cap Canaille

Cassis. Cap Canaille

Paul Signac, 1889 • Oil on canvas

Read full analysis of Cassis. Cap Canaille

Valuation Analysis

Valuation conclusion: The subject canvas, Cassis. Cap Canaille (Op.200, 1889), last sold at Christie’s New York in November 2007 for $14,041,000 (final price, incl. premium) and is fully catalogued and published in Signac literature — a strong provenance and literature pedigree that forms the valuation baseline [1].

Market context and comparables: Since 2007, the market for top Signac seascapes has strengthened markedly: the 2022 Paul G. Allen single‑owner sale established a new ceiling for the artist at $39.32M for Concarneau, calme du matin (Op.219) and several mid‑ to high‑quality Signacs have realized multi‑million results in 2023–2025, including notable evening‑sale performances that clustered in the mid‑single to low‑double‑million ranges for lesser examples [2][3]. These results show both a higher ceiling and persistent buyer appetite for museum‑quality Signacs.

How the range was derived: I used the 2007 sale as the primary anchor and applied a comparable‑analysis uplift to reflect (a) inflation/market movement since 2007, (b) the demonstrated willingness of institutions and deep‑pocket collectors to pay at the upper end for top Signacs, and (c) the painting’s documented provenance and exhibition history which preserve its premium status. The low end ($12M) represents a conservative, market‑normalized outcome in a competitive sale absent blockbuster single‑owner momentum or special institutional commitments; the midpoint recognizes an inflation‑adjusted baseline (~$20–22M) and typical evening‑sale dynamics; the high end ($30M) is achievable in an optimal scenario (major evening sale, strong pre‑sale loans/exhibition, active bidding or a sale guarantee).

Caveats and next steps: This is a market valuation, not a condition or authenticity report. A firm hammer estimate requires up‑to‑date, high‑resolution images (front/verso/signature), a current conservator’s condition report, and confirmation that the present object is the same canvas sold in 2007 with unchanged provenance. If you would like, I can draft a submission package for an auction house specialist or prepare a prioritized checklist for technical analysis and provenance documentation to refine this range further [1][2].

Key Valuation Factors

Art Historical Significance

High Impact

Paul Signac is a principal figure of Neo‑Impressionism and coastal/harbour views from the Cassis/Cap Canaille area are a recurrent and well‑regarded subject in his oeuvre. This canvas is catalogued (Cachin) and has exhibition citations, which materially enhance desirability to institutions and informed private collectors. Works with catalogue‑raisonné entries and documented exhibition history typically command a premium versus unattributed or undocumented studies. Because this painting appears in established scholarship and has a clear opus number, its art‑historical standing is high and supports placement in the upper band of market comparables.

Condition & Conservation

High Impact

Condition is a primary value driver for Signac: surface integrity, original varnish, craquelure pattern, relining history and any retouchings materially affect buyer confidence and estimate levels. Even small restorations or unstable paint can reduce competitive bidding at the high end. A favourable conservator’s report will support the upper estimate; conversely, evidence of heavy restoration, overpainting, or structural instability can reduce realizations by multiples relative to catalogued benchmarks. Condition will therefore be determinative once verified in‑hand.

Provenance & Exhibition History

High Impact

This work’s provenance (early acquisition from the studio, representation by Marlborough, inclusion in private/public collections and exhibition entries) materially increases market value and buyer confidence. Institutional loans and documented ownership chains reduce perceived risk and expand the competitive bidder pool (museums, foundations, trophy collectors). If post‑2007 provenance remains unchanged and documentation is complete, the painting retains its premium; any gaps, conflicting records or contested ownership will materially depress the estimate and may restrict sale channels.

Comparable Auction Results

High Impact

The 2007 Christie’s result ($14.041M) is the direct benchmark for this canvas; the 2022 Paul G. Allen Concarneau sale ($39.32M) and multiple multi‑million Signac results (2023–2025) show an elevated ceiling for museum‑quality seascapes. Comparable sales indicate broad dispersion: high‑quality, properly marketed works can reach multiples above 2007 prices, while lesser works cluster much lower. The comparables anchor the selected $12–30M range: conservative realizations near the low end, optimal‑market scenarios toward the high end.

Size & Quality of Execution

Medium Impact

At approximately 65.7 x 82.2 cm, the painting is a medium‑to‑large finished canvas — a scale that performs well in major sales. Finished, fully resolved pointillist canvases command premiums over small studies or sketches. The degree of finish, palette vibrancy, compositional strength and signature presence are all quality indicators that influence buyer enthusiasm. This factor supports marketability but is subordinate to provenance and condition when setting the final estimate.

Sale History

Price unknownNovember 6, 2007

Christie's, New York (Impressionist & Modern Evening Sale, Lot 19)

Paul Signac's Market

Paul Signac (1863–1935) occupies a secure position in the Impressionist & Modern secondary market as a leading Neo‑Impressionist. His top seascapes and harbor views have produced multi‑million‑dollar results, with a 2022 auction ceiling exceeding $39M. The artist’s market is characterized by a wide dispersion: museum‑quality canvases and works with strong provenance achieve the highest returns, while studies and lesser documented pieces trade in much lower bands. Institutional interest, catalogue‑raisonné entries and blockbuster single‑owner sales continue to be the primary engines lifting top‑end prices.

Comparable Sales

Concarneau, calme du matin (Op. 219, Larghetto)

Paul Signac

Artist's auction record (high‑quality, large-scale Signac seascape from a landmark single‑owner sale) — top‑tier market benchmark.

$39.3M

2022, Christie's New York (Visionary: Paul G. Allen sale)

~$42.2M adjusted

Calanque des Canoubiers (Pointe de Bamer), Saint‑Tropez

Paul Signac

High‑quality coastal subject sold at a major evening sale — comparable subject matter and collector demand, useful mid‑market benchmark for Signac seascapes.

$10.1M

2023, Christie's London

~$10.4M adjusted

Sisteron (1902)

Paul Signac

Museum‑quality landscape with strong provenance sold outside the big two houses — shows strong demand for top Signacs beyond Christie’s/Sotheby’s.

$8.6M

2023, Bonhams (Hartman collection sale)

~$8.8M adjusted

Cassis. Cap Canaille (Op. 200, 1889)

Paul Signac

The subject painting — direct, last public sale (2007) provides the primary benchmark for valuation.

$14.0M

2007, Christie's New York, Impressionist & Modern Evening Sale

~$21.3M adjusted

L'Arc‑en‑ciel (Venise)

Paul Signac

Recent 2025 sale of a mid‑quality/significant Signac — useful for gauging contemporary demand and mid‑range price points.

$6.6M

2025, Christie's London

La Passerelle Debilly (1903)

Paul Signac

Recent 2025 sale of a comparable‑scale Signac with waterfront/urban subject — useful lower‑end comparator for mid‑market expectations.

$4.9M

2025, Christie's Paris

Current Market Trends

Since the late‑2022 landmark single‑owner sales, the highest quality Signac paintings have retained robust demand, though the broader market has normalized. Collectors remain selective: well‑provenanced, exhibition‑ready works perform best in major evening sales. Short‑term volatility and macroeconomic factors influence reserve setting, but trophy Impressionist & Modern material continues to out‑perform mid‑market lots.

Disclaimer: This estimate is for informational and educational purposes only. It is based on publicly available data and AI analysis. It should not be used for insurance, tax, estate planning, or sale purposes. For formal appraisals, consult a certified appraiser.

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