Date
25 September 2017
A Chinese collector paid US$27 million for this Monet. Photo: Reuters
A Chinese collector paid US$27 million for this Monet. Photo: Reuters

Chinese buyer splashes out on Water Lilies

A Chinese phone bidder paid US$24 million, or US$27 million with Christie’s fees, for Claude Monet’s “Water Lilies” at the auction house’s Impressionist and modern art sale in New York Tuesday, the Wall Street Journal reported. 

The painting was expected to fetch at least US$25 million before commission partly because it is one of a well-known series, the report said. 

Christie’s said Monet was 66 years old when he painted the picture in 1907 and the work is “part of a subset of 14 canvases that are distinguished by their strong color contrasts, aggressive brushwork, and novel vertical format”.

The report quoted Christie’s specialist Brooke Lampley as saying horizontal Monets were more popular than vertical ones, “perhaps because the wider versions hang more easily behind sofas”. 

– Contact HKEJ [email protected]

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