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Portrait by Gustav Klimt sells for $32 million at an auction

Source: chicagotribune.com chicagotribune.com
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VIENNA — 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 ($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. 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. The Im Kinsky auction house...
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