Famous Cezanne Painting Sells For Whopping $100 Million In Private Sale

December 19, 2014 3:49 PM

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GROSSE POINTE SHORES, Mich. (AP) — The Edsel & Eleanor Ford House kept secret its 2013 sale of an oil painting by French post-impressionist Paul Cezanne to a private buyer for $100 million to help protect Detroit-owned artworks under threat due to the city's bankruptcy.

The sale appeared on the nonprofit institution's 2013 tax form and removes from the 1929 Grosse Pointe Shores mansion a painting that had been in the Ford family since the mid-20th century, the Detroit Free Press reported (http://on.freep.com/1CaRTTa ) Friday.

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