VIENNA (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 (
President Joe Biden delivers remarks at the North America's Building Trade Union National Legislative Conference.by Associated PressA man looks at the painting ‘Portrait of Fräulein Lieser’ by Austrian painter Gustav Klimt prior to an auction, in Vienna , Wednesday, April 24, 2024. A 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 .
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. 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 buyer wasn’t identified. The intensely colored painting was auctioned on behalf of the current owners, Austrian private citizens whose names weren’t released, and the legal heirs of Adolf and Henriette Lieser, one of whom is believed to have commissioned the painting. It’s not entirely clear which member of the Lieser family was the model.
Auction Vienna Portrait Of Fräulein Lieser 32 Million Art Market Nazi-Confiscated Art Washington Principles
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