Monet Sells for Record $80.4M

Rare waterlily work attracts high bidders at Christie's
By Laurel Jorgensen,  Newser Staff
Posted Jun 24, 2008 9:30 PM CDT
Monet's 'Le bassin aux nympheas' was sold for more than $80 million at auction, kicking off a week of modern-art sales expected to reach records that defy the global economic downturn.    (AP Photo/Lefteris Pitarakis)
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(Newser) – One of Monet’s rare waterlily paintings sold at Christie’s in London tonight for more than $80 million, a record price for the artist, the New York Times reports. At least six buyers competed for Le Bassin aux Nympheas, a 1919 work from a series of paintings considered among Monet’s most important. An anonymous buyer won the painting with a high bid of $80.4 million.