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Monet 'Water Lilies' Fetches $55M in London Auction

A Claude Monet painting of water lilies sold for almost 32 million pounds (US$55 million) at auction in London on Monday, the second highest price ever paid for the artist at auction and confirming the global hunt is still on for “trophy paintings”, Sotheby's said. The auction of 46 modern and impressionist works, of which four did not meet reserve prices, brought in just under 122 million pounds, Sotheby's said. Helena Newman, co-chairman of Sotheby's...

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