Monet painting shatters records at auction

June 24, 2008 at 10:28 PM   |   Comments

LONDON, June 24 (UPI) -- A water lily painting by Claude Monet, one of the last in private hands, sold for more than $80.5 million Tuesday in London, doubling the record for the artist.

The successful bidder, a woman from a London art dealership representing an unknown client, won "Le Bassin aux Nympheas" with a bid of 40.1 million pounds, The New York Times reported. In May, "Le Pont du Chemin de Fer a Argenteuil" set an early record when it sold for $41.5 million in New York.

The price was also a record for Christie's in Europe and more than twice the auction house's estimate for the painting.

The painting was one of a series of four. One is in the Metropolitan Museum in New York, one in a private collection that is expected to be left to a museum and one was cut in half in the 1930s.

Most major Monet works are now in museums and unlikely to be up for sale.

"This really is the last chance," Olivier Camu, head of impressionist and modern art at Christie's London, told The Guardian. "It is an extraordinary painting."

Topics: Claude Monet
© 2008 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Recommended UPI Stories
Featured UPI Collection
Celebrity Couples of 2014 [PHOTOS]

Celebrity Couples of 2014 [PHOTOS]

Most Popular
Pussycat Dolls' Kimberly Wyatt pregnant with her first child
Antonio Banderas spotted partying with blondes after Melanie Griffith split
Jenna-Louise Coleman to depart 'Doctor Who'
Seth Rogen's 'The Interview' will be cut to please North Korea
Gisele Bundchen, Adriana Lima, Kate Upton named Forbes' best paid models
Trending News