Monet's 'Water Lilies' auctioned in NY for $27M

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by Associated Press

Associated Press

Posted on May 7, 2014 at 12:05 AM

Updated Wednesday, May 7 at 2:05 AM

NEW YORK (AP) — Claude Monet's rarely seen "Water Lilies" sold at auction in New York for just over $27 million.

The 1907 painting of his beloved Giverny, France, garden sold Tuesday at Christie's to an undisclosed bidder.

The work was part of late copper heiress Huguette (OO'-gheht) Clark's estate. It has not been publicly exhibited since 1926.

Christie's is selling hundreds of items from her collection after a feud over her estate was settled in the fall.

"Water Lillies" had been expected to sell for $25 million to $35 million.

Pablo Picasso's 1942 "Portrait of Dora Maar" sold for $22.5 million.

Wassily Kandinsky's 1909 abstract "Beach Scene" fetched $17.2 million.

Those works came from the estate of German collectors Viktor and Marianne Langen and were at auction for the first time.

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