Claude Monet's Water Lilies painting, "Le Bassin aux Nympheas," sells for a record of $80.45 Million this week.
(Photo # 1, Claude Monet, Le bassin aux nymphéas,
signed and dated 'Claude Monet 1919'
oil on canvas,
39½ x 79 1/8 in. )
OK.. so the art world is not totally crashing
yet... and clearly quality is always in strong demand. Here's a story by Scott Reyburn about this Claude Monet Sale.
But the real question is.. Do high end record sales like this one, translate in to higher prices for more "affordable" contemporary art?
Well..here's an interesting lot coming up in one huge Contemporary photography sale at Phillips in London on Monday, June 30.
Waterlilies, after Claude Monet (Pictures of Magazines, Still-life), 2004
Colour coupler print, flush-mounted to aluminium. 185.4 x 180.3 cm (73 x 71 in). Signed and dated in ink, printed title, date and number 4/4 AP on a gallery label affixed to the reverse of the frame.
$24,000 - 36,000 US Dollars.
Here's the Phillips description about this lot :
Muniz works from the premise that art and popular culture strive to create the illusion of reality, whether of glamour, coherence or physical space, through suspension of disbelief. With gleeful perversity, he flings a monkey wrench into the gears of that verisimilitude, setting out to create, in his words, the worst possible illusion. He begins by using unexpected materials to re-create familiar, iconic images from art history and popular culture – paintings by Monet, Goya and Warhol, well-known photographs from Life magazine, images of film actors and characters. He then documents his re-creations in crisp, vibrant photographs.
So, If you didn't have a spare $80 million, and missed your chance to buy an original Monet painting...
Maybe you can still buy a
much more hip cool contemporary photographic interpretation of it...
Here you go..my little MAO-ettes..get your auction paddles ready!
So what do you think the final sale price for this beauty will be??
uneducated guess : $50,000