How Much Is Concarneau, calme du matin (Opus no. 219, larghetto) Worth?

$38-45 million

Last updated: April 24, 2026

Quick Facts

Last Sale
$39.3M (2022, Christie's New York)
Methodology
recent sale

Anchored to the exact work’s public auction (Christie’s New York, 9 Nov 2022) which realized $39,320,000, the current fair‑market estimate for Paul Signac’s Concarneau, calme du matin (Op. 219, larghetto) is $38–45 million. The range reflects the 2022 sale, modest inflation adjustment, recent comparable Signac results, and present market dynamics.

Concarneau, calme du matin (Opus no. 219, larghetto)

Paul Signac, 1891 • Oil on canvas

Read full analysis of Concarneau, calme du matin (Opus no. 219, larghetto)

Valuation Analysis

Valuation conclusion: This valuation is anchored to the definitive public sale of the exact painting at Christie’s New York on 9 November 2022 for $39,320,000 and calibrated against subsequent high‑quality Signac results and current market conditions [1][2]. Given the work’s museum‑quality execution, documented provenance (Paul G. Allen collection and earlier ownership), and exhibition history, a prudent fair‑market range today is $38–45 million.

Method and adjustments: The primary datum is the 2022 Price Realized for the identical work [1]. That sale provides a direct market observation; I applied a modest adjustment band to account for (a) inflation and currency movements since late 2022, (b) the follow‑through in the high end of the Signac market (select seascapes trading in the mid‑single to low‑double‑digit millions), and (c) the cooling observed in the 2024 auction environment. Christie’s catalogue and press materials document the lot’s significance and provenance, which materially support its market standing [2].

Key value drivers: The work’s provenance (Paul G. Allen) and confirmed exhibition history materially increase market confidence and buyer competition; condition, technical quality and scale remain determinative at the top end. When present, top provenance and museum‑quality condition can preserve or increase a result above the raw inflation‑adjusted sale price; gaps in condition or attribution would depress value below the range stated.

Comparables and sensitivity: Comparable high‑quality Signac seascapes since 2022 have cleared in a wide band (roughly $8–11M for strong comparables, with the Allen painting setting the public ceiling at $39.32M) — the Allen sale is therefore the primary anchor for this exact canvas and justifies a tight band around that observation adjusted for the factors above [1][2]. The final price within the $38–45M range will depend primarily on the buyer environment at sale, whether the painting is presented in a marquee evening sale with a strong catalogue essay and pre‑sale institutional attention, and confirmation of condition/technical reports.

Practical next steps: For a formal insured or replacement valuation, obtain a current, signed condition report, hi‑res images and any technical reports; if planning sale, coordinate timing with an institutional loan/exhibition and secure a catalogue essay to maximize buyer interest. This opinion is market‑facing, based on the exact public sale datum and recent market context; any new material provenance, condition issues or fresh comparable transactions should prompt revaluation.

Key Valuation Factors

Art Historical Significance

High Impact

Painted in 1891 during Signac’s major Neo‑Impressionist phase, the work belongs to a period when he refined pointillist technique and coastal subject matter, making it artistically significant. While not as universally known as a handful of canonical Signacs, the painting’s date and subject place it squarely within the artist’s most collectible production. Its exhibition at Les XX and the Salon des Artistes Indépendants (documented in sale literature) enhances its scholarly value and desirability for museums and advanced collectors. This art‑historical standing materially supports a premium above ordinary market entries, particularly when combined with documented exhibitions and catalogue references.

Provenance & Exhibition History

High Impact

Provenance is a decisive factor for ultra‑high‑value Impressionist and Neo‑Impressionist works. This painting’s inclusion in the Paul G. Allen collection — and its documented earlier ownership and exhibition appearances — reduces market friction and increases competitive bidding in major sales. The Paul Allen provenance functions as a trust signal to institutions and blue‑chip private buyers, often translating directly into higher estimates and stronger sale performance. Confirmed exhibition history and catalogue citations further underpin institutional interest, making provenance/exhibition pedigree one of the most significant upward levers on price.

Condition & Technical Quality

High Impact

Condition and the intrinsic technical quality of Signac’s handling (canvas support, pigment stability, quality of restoration) strongly influence final price. At the top end buyers expect minimal restoration, original stretcher and stable varnish. Even for works with great provenance, significant conservation issues or heavy overpaint can reduce marketability and price materially. Conversely, excellent condition and clear technical authentication (pigment analysis, IR/UV images) sustain buyer confidence and justify the upper part of the valuation range. Condition reports are therefore essential before any transaction or insurance valuation.

Comparables & Liquidity

High Impact

The exact 2022 Christie’s sale (Paul Allen) is the definitive comparable and establishes the market ceiling for the work; other recent premium Signac seascapes have traded in the mid‑single to low‑double‑digit millions. Liquidity at the very top is concentrated — exceptional museum‑quality Signacs perform strongly in marquee evening sales, while lesser examples are more price‑sensitive. The painting’s liquidity is high relative to the artist’s corpus because it is a known, exhibited canvas with top provenance, which supports both resale and institutional acquisition prospects.

Sale History

Price unknownJanuary 1, 1891

Acquired from the artist by Henri‑Nicolas Lejeune

Price unknownJune 27, 1977

Sotheby Parke Bernet & Co., London

Price unknownNovember 18, 1998

Christie's New York

Price unknownNovember 9, 2022

Christie's New York

Paul Signac's Market

Paul Signac is a principal figure of Neo‑Impressionism whose large, museum‑quality seascapes and port scenes attract strong collector and institutional demand. Auction performance is bifurcated: exceptional, well‑provenanced Signacs achieve multi‑million results (the Allen sale set a new public ceiling), while smaller works, studies and prints sell for markedly lower sums. The market rewards documented provenance, exhibition history and technical integrity; when those are present, Signac sits comfortably within the blue‑chip late‑19th century bracket, commanding premium placement in evening sales and attracting both private collectors and museums.

Comparable Sales

Concarneau, calme du matin (Opus no. 219, larghetto)

Paul Signac

Exact work — museum-quality 1891 seascape with outstanding provenance (Paul G. Allen collection) and exhibition history; serves as the market anchor/auction ceiling for Signac.

$39.3M

2022, Christie's New York

~$42.9M adjusted

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

Paul Signac

Same artist and subject class (Saint‑Tropez/coastal seascape), high-quality late-19th-century oil offered in a major evening sale — a good market comparator for premium Signac seascapes.

$10.1M

2023, Christie's London

~$10.8M adjusted

Antibes, La Pointe de Bacon

Paul Signac

Same artist and coastal/port subject; recent high-end Modern-sale result (reported final price including buyer's premium). Useful as a contemporaneous benchmark in the $8–$11M band.

$9.9M

2024, Sotheby's New York

~$10.1M adjusted

Current Market Trends

Since the 2022 Paul G. Allen dispersal, Signac’s top market point was re‑established, but the broader auction environment cooled in 2024. Demand remains selective: museum‑quality, well‑provenanced works continue to outperform, while mid‑tier material is more sensitive to timing and presentation. Expect continued strong interest for standout Signacs but greater buyer selectivity overall.

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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