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Tuesday, June 24, 2008

Record Auction Price for Monet Painting

A painting titled “Water Lily Pond” by the master impressionist Claude Monet sold today in London for more than $80 million. This painting was part of four that Monet painted in 1919. “Water Lily Pond” had been auctioned in 1971 and had sold form a mere $320,000. That is one heck of an appreciation in price in 37 years. Of the four paintings, this is only one of three that survive. Another is at the Metropolitan Museum of Art in New York and the third was purchased at auction by a private collector in 1992.

Monet who was born in Paris, France in 1840 is the founder of French Impressionist painting. He intentionally created a water garden in Giverny, France so that he could paint as great a variety of water lilies as possible. Monet is not only considered one of the greatest impressionist painters by those of us who art, but by his fellow painters of the time as well. His fellow painters, Degas, Renoir and Cezanne, to name a few, considered him a leader and he influenced their work. Claude Monet passed away in 1926.

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