{"id":629,"date":"2008-06-25T13:54:38","date_gmt":"2008-06-25T20:54:38","guid":{"rendered":"http:\/\/bigjimindustries.com\/wordpress\/index.php\/2008\/06\/monet-still-moving-major-moolah\/"},"modified":"2008-06-25T14:04:47","modified_gmt":"2008-06-25T21:04:47","slug":"monet-still-moving-major-moolah","status":"publish","type":"post","link":"https:\/\/bigjimindustries.com\/wordpress\/2008\/06\/25\/monet-still-moving-major-moolah\/","title":{"rendered":"Monet Still Moving Major Moolah"},"content":{"rendered":"

from The New York Times<\/a><\/span><\/p>\n

<\/span><\/p>\n

A Monet Sets a Record: $80.4 Million<\/nyt_headline><\/h1>\n

<\/p>\n

Andy Rain\/European Pressphoto Agency<\/p>\n

\u201cLe Bassin aux Nymph\u00e9as,\u201d the record-breaking Monet.<\/span><\/p>\n

<\/nyt_byline><\/span><\/p>\n

By\u00a0CAROL VOGEL<\/a>\u00a0<\/span><\/p>\n

LONDON \u2014 The summer auction season here began at Christie\u2019s on Tuesday night when a standing-room-only crowd of dealers, collectors and art lovers came from all over the world to watch and bid on one of the largest London sales the auction house has held. Early in the evening a record price for a Monet, $80.4 million, was set for one of the rarest of his waterlilies.<\/p>\n

A sea of hands shot in the air when that painting, \u201cLe Bassin aux Nymph\u00e9as,\u201d which had been expected to sell for $36 million to $47 million, came up on the block. \u00a0The previous record for a Monet, $41.4 million for \u201cThe Railroad Bridge at Argenteuil,\u201d was set last month at Christie’s in New York.<\/p>\n

\u201cLe Bassin aux Nymph\u00e9as,\u201d from 1919, a large horizontal work measuring more than 3 feet by 6 feet, is from a series of four that Monet signed and dated and that experts consider to be among the most important paintings from his late period. Unlike most of his late works, which remained unfinished at the time of his death in 1926, this series was sold by him. One is in the collection of the\u00a0Metropolitan Museum of Art<\/a>; another was cut in two; and a third is in a private collection, having been sold at Christie\u2019s in New York in 1992 for $12.1 million, a stellar price at the time.<\/p>\n

The Monet up for auction Tuesday belonged to J. Irwin and Xenia S. Miller, collectors from Columbus, Ind. Mr. Miller, the chairman of the Cummins Engine Company who died in 2004, and Mrs. Miller, who died in February, helped transform Columbus into a showcase for modern architecture by supporting historic buildings and projects.<\/p>\n

<\/a>In addition to the Monet the Millers also owned a Cubist\u00a0Picasso<\/a>, another popular work in the auction. \u201cLa Carafe (Bouteille et Verre),\u201d painted in the winter of 1911-12, went to a telephone bidder for $7.3 million, above its high $5.9 million estimate.<\/p>\n

Another big seller on Tuesday was \u201cDancers at the Bar,\u201d a Degas pastel being sold by an unidentified private collector. The work, from around 1880, is considered important not only for its composition \u2014 two young dancers, their white skirts and pink ballet slippers perfectly rendered \u2014 but also because of its provenance. It had been owned by Louisine Elder, the wife of H. O. Havemeyer, the American sugar magnate whose bequest forms the bulk of the Met\u2019s Degas collection. The pastel remained in the Havemeyer family for three generations before being sold at Christie\u2019s in New York in 1982 for $1 million.\u00a0<\/p>\n

Playing to Russian collectors, Christie\u2019s sale included a group of works by Russian artists. One, called \u201cThe Flowers,\u201d from 1912, by Nathalia Goncharova, was estimated to bring $6.9 million to 8.9 million. It sold for $10.8 million, a price that set two records: for the artist at auction, and for a female artist at auction.<\/p>\n

Several works that had belonged to Simon Sainsbury, the British philanthropist and grocery store magnate who died in 2006, were also for sale Tuesday. Among the best was an early pointillist painting by Signac, \u201cCollioure, Les Balancelles,\u201d a composition of sailboats in the water created in September and October 1887 while he was in the seaside Mediterranean town of Collioure. The painting sold for $5.8 million, higher than its expected estimate of $3.6 million to $4.9 million.<\/p>\n

[ click to read full article in the New York Times<\/a> ]<\/p>\n","protected":false},"excerpt":{"rendered":"

from The New York Times A Monet Sets a Record: $80.4 Million Andy Rain\/European Pressphoto Agency \u201cLe Bassin aux Nymph\u00e9as,\u201d the record-breaking Monet. By\u00a0CAROL VOGEL\u00a0 LONDON \u2014 The summer auction season here began at Christie\u2019s on Tuesday night when a standing-room-only crowd of dealers, collectors and art lovers came from all over the world to […]<\/p>\n","protected":false},"author":26,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-629","post","type-post","status-publish","format-standard","hentry","category-culture-art"],"_links":{"self":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts\/629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/users\/26"}],"replies":[{"embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/comments?post=629"}],"version-history":[{"count":0,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts\/629\/revisions"}],"wp:attachment":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/media?parent=629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/categories?post=629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/tags?post=629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}