Monet’s ‘Water Lilies’ makes a motza

Selling for $A57.3 million, Claude Monet’s iconic painting leads the way in a wave of demand for "trophy paintings".
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Photograph: Andrew Cowie, AFP

The second-highest amount ever to be paid for Claude Monet’s work was achieved by Sotheby’s London on Monday, when the auction house sold one of the paintings from the French Impressionist’s iconic Water Lilies series.

Sold for $A57.3 million (£31.7 million IBP), Nympheas (1906) was the centrepiece of Monet’s seminal 1909 exhibition at the Galerie Durand-Ruel in Paris, in which he unveiled the Water Lilies series.

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Gina Fairley is ArtsHub's National Visual Arts Editor. For a decade she worked as a freelance writer and curator across Southeast Asia and was previously the Regional Contributing Editor for Hong Kong based magazines Asian Art News and World Sculpture News. Prior to writing she worked as an arts manager in America and Australia for 14 years, including the regional gallery, biennale and commercial sectors. She is based in Mittagong, regional NSW. Twitter: @ginafairley Instagram: fairleygina