Monet painting fetches US$74 million at auction in New York


French impressionist Claude Monet’s water lilies painting fetches US$74 million at a fall art auction. – EPA pic, November 11, 2023.

A PAINTING of water lilies by French impressionist Claude Monet has sold for US$74 million (RM347.25 million), as part of a lively fall art auction season.

“Le bassin aux nympheas” topped the projected sale price of US$65 million when it went under the hammer at Christie’s auction house in New York on Thursday night.

Other notable sales included 20th century expressionist painter Richard Diebenkorn’s “Recollections of a Visit to Leningrad” which sold for US$46 million, while fellow American Joan Mitchell’s “Untitled” went for US$29 million.

Three paintings by Paul Cezanne were sold, including “Fruits et pot de gingembre” for nearly US$39 million.

On Wednesday, Pablo Picasso’s “Woman with a Watch,” fetched US$139.3 million, the second-highest price ever achieved for the artist.

“Femme a la montre,” the 1932 painting depicting one of the Spanish artist’s companions and muses, French painter Marie-Therese Walter, had been valued at over US$120 million before going on the block at Sotheby’s.

The fall auction season, which started Tuesday and ends next Wednesday, has so far seen US$748 million in sales at Christie’s and more than US$400 million at Sotheby’s. – AFP, November 11, 2023.


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