Klimt Painting Sells as Second Most Expensive Artwork in History
Gustav Klimt’s 1914–16 portrait of Elisabeth Lederer sold for $236.4 million with fees during the first evening sale at Sotheby’s new headquarters at the Breuer Building in New York on November 18. Surpassing its $150 million estimate, the painting was acquired by a phone bidder with Julian Dawes, head of Impressionist and Modern Art, after a 20-minute bidding session. Auctioneer […]