Klimt painting sells for record $236 million, reviving hopes for the art market
Art experts and auction houses say the market is being boosted by a renewed sense of optimism among collectors and by several top collections coming to market.
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Latest on Klimt
Newest firstKlimt painting second most expensive artwork sold at auction
The portrait of Austrian heiress Elisabeth Lederer was looted by the Nazis and almost destroyed.
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Gustav Klimt portrait painting sells for record $236 million at New York auction
A Gustav Klimt portrait painting has sold for a record $236 million at an auction where a solid gold toilet also sold for $12.1 million.
At $236.4 Million, Portrait by Klimt is Second Most Expensive Painting Sold at Auction
The portrait of Elisabeth Lederer, looted by the Nazis and spared from a blaze, was a highlight of the Sotheby's inaugural sale in its new home.
