Klimt's Masterpieces Break Auction Records in Europe and the US

Gustav Klimt's "last masterpiece," a portrait of an unidentified female subject titled "Dame mit Fächer," sold for a record-breaking $108.4 million at a Sotheby's auction in London. The painting, which showcases Klimt's signature style and Asian influences, was one of two found in the artist's studio upon his death in 1918. The sale establishes a new record for Klimt and marks one of only a handful of publicly sold artworks to reach nine-figure sums.