Monet Painting Sells for a Staggering Sum

'Water Lilies brings $43.8 million at auction

   

Monet Painting Sells for a Staggering Sum

Monet Water Lilies 1916 300x300 Monet Painting Sells for a Staggering SumIt’s auction season again, and just like every year, something on the docket sells for a surprising price.

For example, Claude Monet’s Water Lilies sold at Christie’s for $43.8 million dollars on Wednesday. The 1905 painting was sold by the Hackley School and features lilies on a still pool.

Here’s a list of other items Christie’s sold on Wednesday:

  • Kandinsky’s Study for Improvisation 8, $23 million
  • Picasso’s Head of a Woman, $13 million
  • Miro’s Painting (Woman, Newspaper, Dog), $13.7 million

In all, the auction brought in $205 million. That’s lower than the $209.2 million analysts predicted. That’s because 21 of the 69 items went unsold, and several others were purchased with a single bid.

More from those with wealth:


Article printed from InvestorPlace Media, http://investorplace.com/2012/11/monet-painting-sells-for-a-staggering-sum/.

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