Klimt painting second most expensive artwork sold at auction

BBC NewsWednesday, November 19, 2025 at 9:55:50 AM
Klimt painting second most expensive artwork sold at auction
  • The portrait of Elisabeth Lederer by Gustav Klimt has achieved a sale price of $236.4 million at a Sotheby’s auction, marking it as the second most expensive artwork ever sold. This significant transaction highlights the enduring value of Klimt's work and the historical context surrounding the painting's creation and theft.
  • The sale underscores the importance of art restitution and the ongoing dialogue about artworks looted during the Nazi regime, as this painting was nearly lost to history.
  • This event reflects broader trends in the art market, where high-profile sales often reignite discussions about provenance, ownership rights, and the cultural significance of artworks that have endured tumultuous histories.
— via World Pulse Now AI Editorial System

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A painting by Gustav Klimt, titled Portrait of Elisabeth Lederer, has sold for $236.4 million at a Sotheby’s auction, making it the second most expensive artwork ever sold at auction and the most expensive modern artwork. The painting, created between 1914 and 1916, depicts Elisabeth Lederer, a young heiress, draped in a Chinese robe. The artwork was looted by the Nazis and nearly destroyed during World War II.