Gustav Klimt's 'Portrait of Fräulein Lieser,' which went missing after its owners fled Austria after 1930, was auctioned off for $32 million.
A portrait of a young woman by Gustav Klimt that was long believed to be lost was sold at an auction in Vienna on Wednesday for $32 million.The Austria n modernist artist started work on the 'Portrait of Fräulein Lieser' in 1917, the year before he died, and it is one of his last works. Bidding started at 28 million euros, and the sale price was at the lower end of an expected range of 30-50 million euros.The painting went to a bidder from Hong Kong, who wasn't identified.
It was then given to the family who had commissioned it, according to the auction house.The Jewish family fled Austria after 1930 and lost most of their possessions.It's unclear exactly what happened to the painting between 1925 and the 1960s, a period that includes the Nazi dictatorship. Austria was annexed by Nazi Germany in 1938. One of the only clues is a black-and-white photo of the portrait likely taken in 1925 that came with a note reading, '1925 in possession of Mrs.
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Gustav Klimt portrait sold for $32 million at auction in ViennaOne of Gustav Klimt's final paintings from 1917, 'Portrait of Fräulein Lieser,' has sold at an auction house in Vienna for $32 million by an unidentified buyer.
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A portrait by Gustav Klimt has been sold for $32 million at an auction in ViennaVIENNA (AP) — A portrait of a young woman by Gustav Klimt that was long believed to be lost was sold at an auction in Vienna on Wednesday for 30 million euros (
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Portrait by Gustav Klimt has been sold for $32 million at an auction in ViennaA portrait of a young woman by Gustav Klimt that was long believed to be lost has been sold at an auction in Vienna for 30 million euros ($32 million)
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A portrait by Gustav Klimt has been sold for $32 million at an auction in ViennaA portrait of a young woman by Gustav Klimt that was long believed to be lost has been sold at an auction in Vienna for 30 million euros ($32 million). The Austrian modernist artist started work on the “Portrait of Fräulein Lieser” in 1917, the year before he died, and it is one of his last works.
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Klimt portrait missing for nearly a century sold for $32 millionA portrait by Gustav Klimt that was unseen for almost a century has sold for $32 million – the bottom end of its pre-auction estimate.
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