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Published 10 days ago

Klimt portrait missing for nearly a century sold for $32 million

Summary by KRDO
By Lianne Kolirin, CNN (CNN) — A portrait by Gustav Klimt that was unseen for almost a century has sold for $32 million – the bottom end of its pre-auction estimate. The “Portrait of Fräulein Lieser,” thought to be one of the Austrian painter’s final works, created huge excitement in the art world, but it ended up selling at the lower end of its valuation of €30 million-€50 million ($32 million to $53.4 million). Bids started at €28 million and …

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