Collocations for masterpiece - noun

great
It's one of the greatest masterpieces of Western art.

acknowledged
The piece ranks with such acknowledged masterpieces as the Mass in G.

minor
forgotten, lost
a forgotten masterpiece from one of America's most underrated directors

architectural, cinematic, culinary, literary, musical, etc.

compose, create, paint, produce
be considered, be hailed as, be recognized as
Within a week of publication, the novel was hailed as a masterpiece.

masterpiece by
a masterpiece by Picasso

masterpiece of
a masterpiece of classical architecture