{"id":564,"date":"2021-04-20T08:57:58","date_gmt":"2021-04-20T00:57:58","guid":{"rendered":"https:\/\/www.atelierauction.com\/globalupdates\/?p=564"},"modified":"2021-04-19T12:04:38","modified_gmt":"2021-04-19T04:04:38","slug":"sothebys-to-sell-40-m-monet-water-lilies-painting-in-may","status":"publish","type":"post","link":"https:\/\/www.atelierauction.com\/globalupdates\/auction\/sothebys-to-sell-40-m-monet-water-lilies-painting-in-may\/","title":{"rendered":"Sotheby\u2019s to Sell $40 M. Monet Water Lilies Painting in May"},"content":{"rendered":"<p>In a dramatic close to Sotheby\u2019s modern art evening sale in Hong Kong on Sunday, vice chairman Brooke Lampley unveiled a large-scale\u00a0<a id=\"auto-tag_claude-monet\" href=\"https:\/\/www.atelierauction.com\/globalupdates\" data-tag=\"claude-monet\">Claude Monet<\/a>\u00a0water lilies painting to the live-streamed auction\u2019s audience. That work, titled\u00a0<i>Le Bassin aux Nymph\u00e9as<\/i>, is itself now going to be sold by the house. It will hit the block at Sotheby\u2019s New York Impressionist and modern art evening sale on May 12, where it is expected to fetch $40 million.<\/p>\n<p>Monet completed the work between 1917 and 1919, during the last decade of his life. Drawing inspiration from the artist\u2019s Giverny garden,\u00a0<a href=\"https:\/\/www.atelierauction.com\/globalupdates\"><em>Le Bassin aux Nymph\u00e9as\u00a0<\/em><\/a>is part of a series that commands the artist\u2019s top auction prices. Another work from the series sold at Christie\u2019s in 2008 for \u00a340.9 million ($80.5 million); it had come from the estate of Indiana philanthropists Irwin and Xenia Miller. And in 2018, one from the David Rockefeller collection sold at Christie\u2019s for $84 million.<\/p>\n<p>The last work by Monet of this caliber to sell at auction was\u00a0<em><a href=\"https:\/\/www.facebook.com\/AtelierAuctionsg\/\">Meules<\/a>,\u00a0<\/em>a landscape scene depicting haystacks, which was bought by Hasso Plattner at Sotheby\u2019s in May 2019 for $110 million. If the present work reaches its high estimate, it will be among the top 10 works by the Impressionist ever to be sold at auction.<\/p>\n<p>This is not the first time the work has appeared in a public sale. The seller purchased the work 17 years ago, during a Sotheby\u2019s Impressionist and modern art sale, for $16.8 million, against an estimate of $9 million. At the time, it was being sold from the holdings of Los Angeles collectors Fran and Ray Stark. Prior to that, it also passed through the hands of renowned New York Old Masters dealer Richard L. Feigen.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Source\uff1ahttps:\/\/www.artnews.com\/<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a dramatic close to Sotheby\u2019s modern art evening sale in Hong Kong on Sunday, vice chairman Brooke Lampley unveiled a large-scale\u00a0Claude Monet\u00a0water lilies painting to the live-streamed auction\u2019s audience. That work, titled\u00a0Le Bassin aux Nymph\u00e9as, is itself now going to be sold by the house. It will hit the block at Sotheby\u2019s New York [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":565,"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":[140],"class_list":{"0":"post-564","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artist","8":"category-auction","9":"category-events","10":"category-gallery","11":"category-latest-news","12":"tag-claude-monet"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sotheby\u2019s to Sell $40 M. Monet Water Lilies Painting in May - Investable Art Auctioneer<\/title>\n<meta name=\"description\" content=\"In a dramatic close to Sotheby\u2019s modern art evening sale in Hong Kong on Sunday, vice chairman Brooke Lampley unveiled a large-scale Claude Monet water lilies painting to the live-streamed auction\u2019s audience.\" \/>\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\/auction\/sothebys-to-sell-40-m-monet-water-lilies-painting-in-may\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sotheby\u2019s to Sell $40 M. Monet Water Lilies Painting in May - Investable Art Auctioneer\" \/>\n<meta property=\"og:description\" content=\"In a dramatic close to Sotheby\u2019s modern art evening sale in Hong Kong on Sunday, vice chairman Brooke Lampley unveiled a large-scale Claude Monet water lilies painting to the live-streamed auction\u2019s audience.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.atelierauction.com\/globalupdates\/auction\/sothebys-to-sell-40-m-monet-water-lilies-painting-in-may\/\" \/>\n<meta property=\"og:site_name\" content=\"Investable Art Auctioneer\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-20T00:57:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-04-19T04:04:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.atelierauction.com\/globalupdates\/wp-content\/uploads\/2021\/04\/Screen-Shot-2021-04-16-at-3.03.44-PM-e1618600789462.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"597\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Chloe Nicholls\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Chloe Nicholls\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.atelierauction.com\/globalupdates\/auction\/sothebys-to-sell-40-m-monet-water-lilies-painting-in-may\/\",\"url\":\"https:\/\/www.atelierauction.com\/globalupdates\/auction\/sothebys-to-sell-40-m-monet-water-lilies-painting-in-may\/\",\"name\":\"Sotheby\u2019s to Sell $40 M. 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