"Lost Klimt Portrait Rediscovered After 100 Years, Expected to Fetch $54 Million at Auction"

1 min read
Source: The Washington Post
"Lost Klimt Portrait Rediscovered After 100 Years, Expected to Fetch $54 Million at Auction"
Photo: The Washington Post
TL;DR Summary

Gustav Klimt's long-lost "Portrait of Fräulein Lieser," last seen in Vienna in the 1920s, has been rediscovered and is set to be auctioned, with an estimated value of 30-50 million euros. The painting, featuring a young woman, is a rare find and is expected to attract international attention. Its history and provenance have been carefully examined, and an agreement has been reached with the present owner and the descendants of the Lieser family based on guidelines for identifying and restoring artwork confiscated by the Nazis.

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