Christie's to auction Monet’s "Water Lilies"October 11, 2012 - 19:58 AMT PanARMENIAN.Net - In another sign that the smart money set is selling art this auction season, Christie's plans to auction off a Claude Monet painting of a water lily pond for between $30 million and $50 million, The Wall Street Journal said. The painting was donated to a school by the family of investment banker Herb Allen. The planned sale next month comes as prices for Monet's watery scenes continue to climb, buoyed by interest from emerging collectors in China and Europe who think values for name-brand artists will hold up during times of economic uncertainty even if prices for lesser-known painters plummet. Monet's Water-Lily series—the artist painted more than 160 views of his garden pond at Giverny, France between 1905 and his death in 1926—seem particularly popular. Five of the artist's priciest paintings at auction depict his garden, including "The Lily Pond," a 1919 example that Christie's auction house sold to a European buyer for $80.4 million at the peak of the last market in 2008. "Water Lilies," a painting that dates from 1905 and shows mint-green lily pads bobbing atop a periwinkle pool, will be offered at Christie's evening sale of Impressionist and modern art in New York on Nov. 7. Top stories The creative crew of the Public TV had chosen 13-year-old Malena as a participant of this year's contest. She called on others to also suspend their accounts over the companies’ failure to tackle hate speech. Penderecki was known for his film scores, including for William Friedkin’s “The Exorcist”, Stanley Kubrick’s “The Shining”. The festival made the news public on March 19, saying that “several options are considered in order to preserve its running” Partner news | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |