“Lost” Klimt Portrait Expected To Bring Between $30-50 Million At Auction In Vienna Today [Forbes]
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Source: Forbes
Today's sale in Vienna of the Gustav Klimt's sumptuous, quite haunting and thought-t0-be-lost “Bildnis Fräulein Lieser” or “Portrait of Miss Lieser” at Auktionshaus im Kinsky in the glorious Kinsky Palais (house estimate $30 million to $50 million) affords us not just a fine opportunity to assess the artist's ongoing stratospheric price point. The sale is also a fine chance to wander back through the life and accomplishments of one of the 20th century's founding bad boys. Commissioned from Klimt by members of one of Vienna's leading merchant families, the Liesers, two patriarchs of which had made a fortune in hemp rope and other products, of one of their daughters, the family had the painting returned, unfinished and unsigned, from Klimt's famous studio upon his untimely death by stroke and influenza at 62 in 1918. It remained in the Liesers' possession, and was nearly included in one posthumous exhibition of the artist's work in the 1920s but was ultimately not put on show. Since
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