Monet Plus Picasso Could Equal London's Biggest Art Sale Ever

by Deidre Woollard (RSS feed)
Jun 4th 2010 at 9:01PM

One of Monet's famous waterlily paintings is part of the upcoming Impressionist and Modern Art sale at Christie's London on June 23. Claude Monet's 1906 'Nympheas' is another piece in the sale that includes a Blue Period portrait by Pablo Picasso, offered by the Andrew Lloyd Webber Foundation. Monet's work is estimated at 30 million pounds to 40 million pounds ($44 million to $59 million) and the Picasso could bring in around $60 million. Given the recent record set by a $106.5 million Picasso that painting could go even higher. This plus the rest of the other works on offer could make this the biggest sale that Christie's has ever had in London. It could bring in 164-231 million pounds which would beat the London record of 147 million pounds set at rival Sotheby's in February.

Tags: art auction, art market, Christies, london, monet, picasso