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“Water Lilies” by Monet for $ 40 million are exhibited on the auction

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Claude Monet, Coin Le Bassin aux Nymphéas, 1917-19. SOTHEBY’S

Sotheby’s has unveiled one painting from the famous “Water Lilies” series by Claude Monet, which will be up for auction later this month. Coin Le Bassin aux Nymphéas (1918), Coin Le Bassin aux Nymphéas (1918) by Claude Monet, will be on display at the Contemporary Art Evening Sale in New York on November 16, where it is expected to generate more than $ 40 million in sales.

Monet drew inspiration from his garden at Giverny in the last decade of his life. Le Bassin aux Nymphéas is part of a series of works of the late period, usually with the highest auction prices. One work in this series was sold at Christie’s in 2008 for £ 40.9 million ($ 80.5 million at the time) from the collection of Indian philanthropists Irwin and Xenia Miller. In 2018, “Water Lilies” from the collection of David Rockefeller was sold at Christie’s for $ 84 million. In May 2021, Sotheby’s sold another painting to Monet, Le Bassin aux nymphéas, for $ 70.4 million. Haystacks, which was bought by German software tycoon Hasso Plattner at Sotheby’s in May 2019 for $ 110 million after 35 years in private hands.

This is not the first time that one of the Le Bassin aux Nymphéas has been put up for public sale. An American seller acquired the work 24 years ago during Christie’s Impressionist and Modernist Sale for $ 6.7 million, while it was valued at $ 4 million. A collector recently loaned it for a 2020 exhibition of the French artist that visited the Denver Art Museum and the Barberini Mausei in Potsdam, Germany.

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