By Gustav Klimt…the second most expensive work of art ever sold at auction
A portrait of the Austrian artist Gustav Klimt, Tuesday, as part of an auction organized by Dar "Sotheby’s" In New York, for $236.4 million, making it the second most expensive work of art ever sold at auction.
The record goes back to the painting "Salvatore Mundi" For Leonardo da Vinci, which sold for $450 million in New York in 2017.
Tough Competition
Six bidders compete for 20 minutes over a painting "Portrait of Elizabeth Lederer" (1914-1916), which had an estimated price of $150 million, depicts Gustav Klimt’s chief shepherd’s daughter wearing a white Chinese imperial gown, in front of a blue wall tapestry with Asian-inspired motifs.
It has not been announced. "Sotheby’s" About the name of Jupiter.
Like this painting, the large portrait paintings that the Austrian painter completed during the most important phase of his life (between 1912 and 1917) are considered "Very rare"As Dar explained "Sotheby’s" In a statement. Most of these works are in major museum collections, while a small number of them are owned by private collectors.
Lowest
The record sale comes at a time when revenues from global art auctions will fall by 33.5% in 2024 to reach $9.9 billion, the lowest level since 2009, according to a report. "Art Price" Annual Issued in March.
In addition to the difficult economic conditions, the scarcity of high-value works of art is one of the reasons for the decline in revenues.
At another auction on Tuesday in New York, a pure gold toilet seat by the Italian artist Maurizio Cattelan was sold to "A famous American brand" For $12.1 million, Dar reported "Sotheby’s".
In 2019, a first copy of the work bearing the title was stolen "America" From a castle in England, it was not recovered, but it was likely that it was melted down for resale. Three men were convicted in the case.
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