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The letter was sold at an auction house in Paris on Tuesday.
The letter was bought by the Vincent Van Gogh Structure at the Drouot auction home in Paris on Tuesday.
Van Gogh and Gauguin, both post-impressionist painters who are well-known around the world, were convinced they were leading a “excellent renaissance of art”, according to the letter.
Dated and signed 1-2 November 1888, the letter was written several weeks before Van Gogh suffered a psychological breakdown and famously cut off his left ear.
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Van Gogh famously cut off his ear after having a mental breakdown.
The Van Gogh Museum in Amsterdam, where the letter will go on display later on this year, said it was the only correspondence Van Gogh ever had wi