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.
A long-lost painting by Austrian artist Gustav Klimt, confiscated by the Nazis and believed to be lost for nearly 100 years, has been found in the possession of a private collector and will be auctioned as part of an agreement to return art stolen by the Nazis. The unfinished portrait, titled "Bildnis Fraeulein Lieser" (Portrait of Miss Lieser), is one of Klimt's last works and depicts a woman from a wealthy Jewish family in Vienna. The painting, which will be auctioned on April 24, is expected to fetch a high price due to its rarity and historical significance.
A long-lost portrait by Gustav Klimt, Portrait of Fräulein Lieser, has resurfaced in a private collection and is expected to fetch up to $54 million at auction. Belonging to an Austrian industrialist's family, the subject of the painting is now believed to be one of three sisters. The artwork, dating back to 1917, will be auctioned in April and is set to tour Switzerland, Germany, Great Britain, and Hong Kong before the sale.
A long-lost painting by Austrian artist Gustav Klimt, "Portrait of Fraulein Lieser," has been found in Vienna after almost 100 years and is estimated to be worth over $54 million. Belonging to a Jewish family in Austria, the painting will be auctioned on 24 April in accordance with the Washington Principles to return Nazi-looted art to its rightful descendants. The portrait, once owned by the wealthy Lieser family, will be presented internationally before the auction, and its legal history regarding theft or looting during World War II is under scrutiny. Klimt's art has previously fetched record-breaking sums at auction, with "Lady with a Fan" selling for £85.3 million in June.
Gustav Klimt's late-life masterpiece, "Dame mit Fächer" (Lady with a Fan), has set a new record for the most expensive artwork ever auctioned in Europe, selling for £85.3 million ($108.4 million) at Sotheby's in London. The painting, completed shortly before Klimt's death in 1918, depicts an unidentified woman against a backdrop of dragons and lotus blossoms. The buyer, art adviser Patti Wong, acting on behalf of a Hong Kong collector, secured the artwork after a 10-minute bidding war. The sale price exceeded the presale estimate and surpassed the previous European auction record set in 2010 for Alberto Giacometti's sculpture "Walking Man I."
Gustav Klimt's "Lady with a Fan" has become the most expensive painting ever sold in Europe, fetching a price of £74 million ($108.77 million) at an auction at Sotheby's London. The 1918 painting, which had not been on the market for 30 years, surpassed the previous European auction record. However, Leonardo da Vinci's "Salvator Mundi" remains the most expensive painting ever sold worldwide.
Gustav Klimt's "Lady With a Fan" sold for $108.4 million at Sotheby's, setting a new auction record for the artist and becoming the highest price for a public sale in Europe. The painting inspired 10 minutes of competition from three Asian bidders before selling to Hong Kong-based art adviser Patti Wong. The painting depicts an unidentified young woman against a backdrop of opulent Oriental textiles and was one of two unfinished paintings photographed on easels in Klimt's Vienna studio shortly after the artist died of Spanish flu.
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.
Gustav Klimt's final portrait, "Dame mit Fächer (Lady with a Fan)" (1917), sold for a record-breaking £85.3m at Sotheby's Modern and contemporary art evening sale in London. The painting accounted for nearly half of the auction's total and surpassed the previous European auction record held by Alberto Giacometti's sculpture. The sultry portrait, depicting a woman with a slipping kimono, received significant attention from Asian bidders due to its Chinese and Japanese motifs. The sale also featured a themed sub-auction focusing on portraits, including works by Frank Auerbach. Despite some works selling below estimate, the auction was considered a strong affirmation of the market's strength.
The final painting by artist Gustav Klimt, Lady with a Fan, is expected to fetch up to £65m when it is auctioned in London later this month, making it the most valuable painting ever offered at auction in Europe. The portrait of an unnamed woman was painted in 1918 and features strong Asian influences, including several Chinese motifs. Klimt celebrated the female body in his work, which was often considered controversial due to its erotic nature. The Lady with a Fan was not a commissioned piece and was painted entirely in the pursuit of his own interests.
Sotheby's is set to auction Gustav Klimt's "last masterpiece," the portrait "Dame mit Fächer," which is expected to fetch around $80 million, the highest estimate ever given to a European artwork. The painting, depicting an unidentified female subject, was found at the Austrian artist's studio upon his death in 1918. Klimt's paintings have exploded in value over the last two decades, with the auction record for a Klimt currently held by "Birch Forest," which fetched $104.5 million last year. The sale comes amid fears that the auction market is cooling following an initially buoyant recovery from Covid-19.
Sotheby's latest Modern Evening Sale brought in $427 million, with over 15 paintings from the collection of Mo Ostin, the music executive, and another 54 lots included in the auction. The sale included works by René Magritte and Gustav Klimt, with Magritte's "Empire of Light" selling for $42.3 million and Klimt's "Island in the Attersee" selling for $53.2 million. However, the auction lacked speed, and there was consensus among some collectors and analysts in the salesroom that declines in speculative bidding and increases in interest rates were hurting business.
