UK: "BASSIN AUX NYMPHEAS ET SENTIER AU BORD DE L'EAU" A PAINTING BY CLAUDE MONET SELLS FOR RECORD PRICE AT SOTHEBY'S AUCTION HOUSE

Record ID: 646273

  • Title: UK: "BASSIN AUX NYMPHEAS ET SENTIER AU BORD DE L'EAU" A PAINTING BY CLAUDE MONET SELLS FOR RECORD PRICE AT SOTHEBY'S AUCTION HOUSE
  • Date: 30th June 1998
  • Summary: LONDON, UNITED KINGDOM (JUNE 30, 1998) (RTV) 1. LAS TILT DOWN EXTERIOR OF SOTHEBY'S AUCTION HOUSE /LAS FLAG TILT DOWN (2 SHOTS) 0.21 2. SLV AUCTION 0.26 3. SCU MONET PAINTING PLACED ON STAND 0.34 4. SLV AUDIENCE 0.37 5. SCU SOTHEBY'S STAFF ON TELEPHONE TO BIDDERS 0.42 6. SCU PRICE BOARD/ SLV/SCU MONET AUCTION (3 SHOTS) 0.58 7. MV AUCTIONEER SELLS MONET PAINTING FOR 18 MILLION POUNDS ZOOM OUT 1.16 8. SCU PERSON WRITES SALE PRICE IN THEIR CATALOGUE AND CHECKS THE ZEROS 1.23 9. SCU INTERVIEW: MICHEL STRAUSS, SOTHEBY'S EXPERT ON IMPRESSIONIST AND MODERN ART WHO SAYS THERE IS SUCH A DEMAND FOR THESE VERY RARE WORKS (ENGLISH) 1.43 9. SCU MONET PAINTING (2 SHOTS) 1.59 10. SCU MODIGLIANI (RIGHT), MONET (CENTRE) AND MUNCH (LEFT) 2.05 Initials Script is copyright Reuters Limited. All rights reserved
  • Embargoed: 15th July 1998 13:00
  • Keywords:
  • Location: LONDON, ENGLAND, UNITED KINGDOM
  • City:
  • Country: United Kingdom
  • Reuters ID: LVA2N6N7FMFRKCIHLDPGGN3TOPLI
  • Story Text: A painting by Claude Monet has sold for a record price at Sotheby's Auction House in London.

    The painting "Bassin aux nympheas et sentier au bord de l'eau" (Waterlily Pond and Path by Water) sold for almost 20 million pounds (33 million US dollars) - a world record for a work by the painter.

    The painting of the water garden at Monet's home at Giverny had been expected to raise between four and six million pounds, according to the auctioneers Sotheby's.

    It was bought by an anonymous telephone bidder on Tuesday (June 30) for 18 million pounds (19,801,500 pounds including the "buyers premium").

    The previous highest price for a Monet was 13 million pounds, paid ten years ago for "La Prairie".

    Tuesday's record-breaking painting was completed in 1900, when Monet spent the entire summer painting his waterlilies and the Japanese bridge in his garden in Giverny.

    The English owner had bought the painting in 1954 for 4,500 pounds.

    Another painting in the auction, "Ibsen in the Grand Cafe" by Edvard Munch sold for 1.6 million pounds - well above it's reserve estimate of 700,000 pounds.

    Sotheby's impressionist and modern art expert Michel Strauss said the auction showed the strength of the art market, especially for very rare, great pictures.


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