Monet's 'Water Lillies' To Be Auctioned Off Next Month; Proceeds Will Benefit Hackley School

NEW YORK (CBSNewYork) - One of Impressionist painter Claude Monet's most famous works is going up on the auction block next month.

An auctioneer with Christie's predicts the famous painting could go for $30 million to $50 million.

The money from the sale will benefit the Hackley School in Tarrytown. The work was bequeathed to the school by the estate of Ethel Strong Allen, the widow of a Wall Street executive.

The painting, dating back to 1905, depicts the lily garden in Monet's garden in the French town of Giverny.

Allen also left the school two other Impressionist landscapes by Camille Pissarro and Alfred Sisley.

The works will be auctioned off on Nov. 7 at Christie's in Manhattan during a sale of Impressionist and modern art.

The Monet's Garden exhibit recreating the scene of "Water Lillies" has been open since May at the New York Botanical Gardens.

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