{"id":1310,"date":"2021-11-05T08:56:53","date_gmt":"2021-11-05T00:56:53","guid":{"rendered":"https:\/\/www.atelierauction.com\/globalupdates\/?p=1310"},"modified":"2021-11-03T12:06:28","modified_gmt":"2021-11-03T04:06:28","slug":"as-the-monet-market-continues-apace-40-m-water-lilies-heads-to-auction","status":"publish","type":"post","link":"https:\/\/www.atelierauction.com\/globalupdates\/artist\/as-the-monet-market-continues-apace-40-m-water-lilies-heads-to-auction\/","title":{"rendered":"As the Monet Market Continues Apace, $40 M. \u2018Water Lilies\u2019 Heads to Auction"},"content":{"rendered":"

As the market for works by\u00a0Claude Monet<\/a>\u00a0continues to see strong demand, Sotheby\u2019s has unveiled a large-scale painting from the Impressionist\u2019s famed \u201cWater Lilies\u201d series that it will auction later this month. That work, titled\u00a0Coin\u00a0<\/em>Le Bassin aux Nymph\u00e9as\u00a0<\/i>(1918), will hit the block at modern art evening sale in New York on November 16, where it is expected to fetch more than $40 million.<\/p>\n

Monet completed the works during the last decade of his life. They draw inspiration from the artist\u2019s garden in Giverny.\u00a0Coin\u00a0<\/em><\/a>Le Bassin aux Nymph\u00e9as\u00a0<\/em>is part of a series of late period works that have commanded top auction prices in the recent past. Another work from the series sold at Christie\u2019s in 2008 for \u00a340.9 million ($80.5 million at the time) from the estate of Indiana philanthropists Irwin and Xenia Miller. In 2018, a water lily painting from collection of David Rockefeller sold at Christie\u2019s for $84 million. In May 2021, Sotheby\u2019s sold Monet\u2019s\u00a0Le Bassin aux nymph\u00e9as\u00a0<\/em>for $70.4 million. Topping out Monet\u2019s market is an example from his series of haystack paintings, which was bought by German software mogul Hasso Plattner at Sotheby\u2019s in May 2019 for $110 million after 35 years in private hands.<\/p>\n

This is not the first time the soon-to-be-auctioned<\/a>\u00a0Coin\u00a0<\/em>Le Bassin aux Nymph\u00e9as<\/em>\u00a0has appeared in a public sale. The American seller purchased the work 24 years ago, during a Christie\u2019s Impressionist and modern art sale, for $6.7 million, where it was estimated at $4 million. The collector recently loaned it to a 2020 exhibition devoted to the French painter that traveled to the Denver Art Museum and the Museum Barberini in Potsdam, Germany.<\/p>\n

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Source: https:\/\/www.artnews.com\/<\/p>\n","protected":false},"excerpt":{"rendered":"

As the market for works by\u00a0Claude Monet\u00a0continues to see strong demand, Sotheby\u2019s has unveiled a large-scale painting from the Impressionist\u2019s famed \u201cWater Lilies\u201d series that it will auction later this month. That work, titled\u00a0Coin\u00a0Le Bassin aux Nymph\u00e9as\u00a0(1918), will hit the block at modern art evening sale in New York on November 16, where it is […]<\/p>\n","protected":false},"author":2,"featured_media":1311,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[5,13,7,4,3],"tags":[],"class_list":["post-1310","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artist","category-auction","category-events","category-gallery","category-latest-news"],"yoast_head":"\nAs the Monet Market Continues Apace, $40 M. \u2018Water Lilies\u2019 Heads to Auction - Investable Art Auctioneer<\/title>\n<meta name=\"description\" content=\"As the market for works by\u00a0Claude Monet\u00a0continues to see strong demand, Sotheby\u2019s has unveiled a large-scale painting from the Impressionist\u2019s famed \u201cWater Lilies\u201d series that it will auction later this month.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.atelierauction.com\/globalupdates\/artist\/as-the-monet-market-continues-apace-40-m-water-lilies-heads-to-auction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"As the Monet Market Continues Apace, $40 M. \u2018Water Lilies\u2019 Heads to Auction - 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