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Monet’s Water Lilies Lead Sotheby’s $208 Million Auction

An iconic painting of water lilies by Claude Monet helped Sotheby’s sell 122 million pounds ($208 million) of Impressionist and modern art in London.

Yesterday evening’s tally represented a 15 percent increase from a year ago and was Sotheby’s third highest result for the category in London. Of the 46 lots offered only four failed to find buyers as Russian, Asian and American collectors competed for works by Pablo Picasso and Wassily Kandinsky. The sale also benefited from the presence of several estates, including that of Jan Krugier, a prominent art dealer who died in 2008.