Work from Monet's 'Water Lilies' fetches over $43M

NEW YORK (AP) — A work from Claude Monet’s “Water Lilies” series has been sold for more than $43 mil­lion at a New York City auction.

The money will ben­e­fit the Hack­ley School in sub­ur­ban Tar­ry­town, N.Y.

The work dates from 1905. That’s the year Monet began a fever­ish phase of paint­ings depict­ing his garden’s lily pond in Giverny (zhee-vehr-NEE’), France. The work that was sold is con­sid­ered among the best.

The paint­ing is from the estate of Ethel Strong Allen, widow of Wall Street exec­u­tive Her­bert Allen Sr.

She bequeathed the Monet to the school, along with two Impres­sion­ist land­scapes by Camille Pis­sarro and Alfred Sisley.

Christie’s auc­tion house says the three works on Wednes­day raised a com­bined total of nearly $51 mil­lion for the K-12 board­ing school.

The Monet’s sale price was $43,762,500.

Posted by AP News on Nov 9 2012. You can follow any responses to this entry through the RSS Feed. Both comments and pings are currently closed.