• 3 months ago
Never-auctioned Monet 'Water Lilies' painting to lead auction in Hong Kong

A never-before-auctioned painting from French Impressionist painter Claude Monet's 'Water Lilies' series is expected to lead and break records at an auction in Hong Kong next week, Christie’s said on Thursday, September 19.

The painting, titled “Nympheas (1897–99)”, painted 125 years ago, is estimated to fetch between $25 million and $35 million. It remained within Monet’s family for decades after his death in 1926 and then ended up in a private collection before being consigned to Christie’s.

Vincent van Gogh’s “Les Canots Amarres (Moored Boats)”, expected to fetch between $30 million and $50 million, will hit the auction block for the first time in three decades. This piece will be on the block alongside the Monet. The auction, scheduled for the evening of September 26.

REUTERS VIDEO

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Transcript
00:00Throughout his life, he painted around 200 water lilies,
00:29but these eight paintings are literally the beginning of the water lilies.
00:34And what the water lilies do,
00:36they break boundaries between figuration and abstractions.
00:40Four of these paintings are in prestigious museums around the world,
00:44and only four are in private hands.
00:46The four in private hands, this is the first ever one to be auctioned.
00:50It's been fresh to the market,
00:52it's been hidden from the market for the past 125 years.
01:10It's the first time we're bringing Claude Monet's water lilies to Asia.
01:13It's never been sold in Asia before,
01:15and I hope we're going to have a wider audience, an international audience.
01:19The estimate is 25 million US dollars to 30 million US dollars,
01:24and I hope we're going to break records.
02:00It's a celebration of colours.
02:02He arrives in Paris, he spends two years in Paris
02:05in search of the artists who have already been in Paris for a long time,
02:09like Claude Monet, like Degas, like Renoir,
02:12and what does he do?
02:13He meets colour.
02:15So this painting is actually a celebration of colour,
02:17of Paris, of impression, of light.
02:29The purpose of this auction is to celebrate art, to celebrate artists,
02:33and to show, actually, that art doesn't have boundaries.
02:37Very much we say when the East meets the West,
02:40but at the same time the artists don't think that way.
02:42So we put in one exhibition Claude Monet,
02:45who inspired very much Zawuki,
02:47who was at the same time in New York,
02:50and we put in another exhibition of Claude Monet,
02:53who inspired very much Degas,
02:55and we put in another exhibition of Claude Monet,
02:58who was at the same time in New York,
03:00and then we have George Condor, we have René Magritte,
03:03we have Sagnu, so it's an accumulation of great minds
03:08creating great paintings.
03:28This is right in front of you.

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