Monet Painting Sells for a Staggering Sum

by Nate Wooley | November 9, 2012 12:14 pm

[1]It’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[2]. 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:

• Christmas Gifts for the 1%[3]
• Who’s the Richest Person in Your State?[4]
• Surprise! 2012′s Top-Earning Dead Celebrity Is NOT Michael Jackson[5]

Source URL: http://investorplace.com/2012/11/monet-painting-sells-for-a-staggering-sum/
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