I love a beef filet as much as the next person, but honestly, I can't afford it. I see it in the butcher case for about $23.99/lb most of the time. Thanks to the butcher at Dierbergs, I've found an affordable alternative. Each week they have petite beef medallions for $6.99/lb and they are wonderful!
6 approx. 1/2 lb beef medallions
2 Tbsp olive oil
Salt and pepper to taste
Preheat oven to 425 degrees with a rack in the center.
Season filets with salt and pepper. Heat an ovenproof saute pan over medium-high for 5 minutes.
Sear filets in oil on one side for 4 - 5 minutes. Turn them over, place the pan in the oven, and roast to desired doneness Remove pan from the oven, transfer filets to a plate, tent with foil, and let rest 5 minutes before serving. Serve with Bearnaise Sauce.
For Rare: Sear 5 minutes, Roast 5 minutes, and let rest 5 minutes.
For Medium-Rare: Sear 5 minutes, Roast 7 minutes, and let rest 5 minutes
For Medium: Sear 5 minutes, Roast 9 minutes, and let rest 5 minutes
For Medium-Well (my favorite): Sear 5 minutes, Roast 11 minutes, and let rest 5 minutes