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Monet’s water-lily expected to reach $60 million at auction

One of Monet’s famous water-lily paintings is expected to bring in close to $60 million when it goes up for auction in London this month.

Monet’s 1906 painting Nympheas was one of many he painted in his water garden at Giverny with the pond and lilies depicted in often huge scale.

It is the largest of nine surviving works from that year. He would often destroy with which he was not satisfied.

And it is one of only five which formed part of his famed display of monumental water-lilies at the Musee de l’Orangerie in Paris in 1909. A rare study for that exhibition sold for £41 million in London in 2008, a new world record for a Monet.

Nympheas was in the family of one collector for several decades and was bought by the present owner at auction at Christie’s New York in May 2000. It is expected to sell for between £30 million and £40 million.

Giovanna Bertazzoni, director and head of impressionist and modern art at Christies, London, said: ”Claude Monet’s water-lily paintings are amongst the most recognised and celebrated works of the 20th century, and were hugely influential to many of the following generations of artists.

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