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Lewis Whyld/PA Archive/Press Association Images

Monet painting sells for a whopping €34.4 million at NY auction

The 1905 painting of mint-green lily pads was the biggest single seller at the Christie’s auction.

ONE OF CLAUDE Monet’s water lily paintings sold for almost €34.4 million at a Christie’s auction in New York city yesterday.

Monet’s oil on canvas ‘Nympheas’ was the biggest single seller at the auction, hitting the high end of the €23-€39 million estimate.

The 1905 painting of mint-green lily pads on top of a periwinkle pool was bought by an anonymous American collector.

A painting by Wassily Kandinsky sold for €18 million, setting an auction record for the Russian avant-garde artist. The oil painting ‘Studie fur improvisation 8’ was a highlight of the big evening sale of impressionist and modern works at Christie’s auction house in Manhattan.

Alberto Giacometti’s ‘La Jambe’, a single skinny bronze leg, sold for€8.8 million, at the low end of the estimate.

Among the night’s losers was the bronze sculpture ‘Coq’ by Picasso, which had a pre-sale estimate of €7.8 – 11.7 million but did not sell.

This is what the Monet that sold for almost €34.4 million looks like:

Image: Lewis Whyld/PA Archive/Press Association Images

Would you pay €34.4 million for it?


Poll Results:

No, it seems ridiculous to spend that kind of money on a painting (439)
I am not sure, I would have to think about it (350)
Yes, if I had that kind of money I would (147)

Additional reporting © AFP, 2012

Read: Host of famous Irish artists’ work to go under hammer >

Read: Slideshow: The 7 masterpieces stolen from Dutch Kunsthal museum >

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22 Comments
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    Mute Shayno ZO
    Favourite Shayno ZO
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    Dec 13th 2012, 9:18 AM

    3bn texts in a 3 month period in Ireland, 12 bn in a year..

    a 2 cent text tax would have raised ?240 million, All of the ?26m needed to protect the carers respite grant & child benefit. If my sums are right.
    (0.02 x 12,000,000,000
    = 240,000,000

    This would be a creative and some what optional tax that does not effect peoples ability to survive.

    18
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    Mute Aidan Gill
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    Dec 13th 2012, 9:22 AM

    Correct but since the boys in the Dail have free phones paid by, as with everything else, the taxpayer, then we would be worse off and they would once again be untouched.

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    Mute Kevin O'Brien
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    Dec 13th 2012, 9:37 AM

    Why should mobile users pay for the carer’s allowance. A couple of percent tax increase for high earners would easily make up the millions the government took from them.

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    Mute Gamma
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    Dec 13th 2012, 10:09 AM

    isn’t there already VAT on text messaging? so double taxation is your answer?

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    Mute Shayno ZO
    Favourite Shayno ZO
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    Dec 13th 2012, 10:50 AM

    @Gamma, I’m just trying to think of less painful ways to help our country…
    Do you have any better idea’s? We’d love to hear them.
    Your response is what is wrong with us, all moan no solution.
    You can call it what you want but it doesn’t take food out of peoples mouths.. and that’s the point.

    12
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    Mute Andy Williams
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    Dec 13th 2012, 9:05 AM

    tooooo much calculations, tooooo much percentages, all we care for is to bring down all this mobile nd landline broadband services nd make it moooore effective in using, it’s tooo expensive here in Ireland compare to other EU country

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    Mute neuromancer
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    Dec 13th 2012, 2:18 PM

    Does that include iMessages which are free?

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    Mute David O'Leary
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    Dec 13th 2012, 4:08 PM

    Presumably this includes FREE SMS with Vodafone to Any Network for Life (I’m assuming 3, O2, Meteor, 48, Eircon etc. all do similar deals for RTG Customers?)?
    Top of my head I sent 1152 in October. Think highest was 2,170 in November 2011. Averages out at Circa 1,300 ish during/across the year.

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