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A late-life masterpiece by Austrian artist Gustav Klimt has offered for 85.3 million kilos ($108.4 million), in London, making it the costliest paintings ever auctioned in Europe

FILE – Gustav Klimt’s ‘Dame mit Faecher’ (Girl with a Fan) is displayed at Sotheby’s public sale rooms in London, Tuesday, June 20, 2023. A late-life masterpiece by Austrian artist Gustav Klimt has offered for 74 million kilos ($94.35 million), making it the costliest portray ever auctioned in Europe. “Dame mit Fächer” — Girl with a Fan — offered to a purchaser within the room at Sotheby’s in London on Tuesday, June 27, 2023. The sale value exceeded the pre-sale estimate of 65 million kilos, or $80 million. (AP Picture/Kirsty Wigglesworth, File)

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LONDON — A late-life masterpiece by Austrian artist Gustav Klimt offered Tuesday for 85.3 million kilos ($108.4 million), making it the costliest paintings ever auctioned in Europe.

“Dame mit Fächer” — Girl with a Fan — offered to a purchaser within the room at Sotheby’s in London after a 10-minute bidding conflict for a hammer value of 74 million kilos ($94.35 million). The upper remaining determine features a cost on high of the sale value often called the customer’s premium.

The sale value effectively exceeded the presale estimate of 65 million kilos, or $80 million.

It additionally beat the earlier European public sale report of $104.3 million — 65 million kilos on the time — together with purchaser’s premium paid for Alberto Giacometti’s sculpture “Strolling Man I” at Sotheby’s in 2010. Beforehand, the costliest portray auctioned in Europe was Claude Monet’s “Le basin aux nymphéas,” which fetched $80.4 million at a Christie’s sale in 2008.

The piece offered Tuesday was the final portrait Klimt accomplished earlier than his demise in 1918. The portray exhibits an unidentified girl in opposition to a resplendent, China-influenced backdrop of dragons and lotus blossoms.

It was final offered in 1994, going for $11.6 million at an public sale in New York.

Sotheby’s mentioned the customer was artwork adviser Patti Wong, appearing on behalf of a Hong Kong collector.

Famed for his daring, daring artwork nouveau work, Klimt was a key determine in creative modernism firstly of the twentieth century. His work has fetched a few of the highest costs for any artist.

Klimt’s “Portrait of Adele Bloch-Bauer II” offered at a New York public sale in 2006 for $87.9 million, and his panorama “Birch Forest” offered at Christie’s in New York final yr for $104.6 million.

Two extra of his portraits are reported to have offered privately for greater than $100 million.

The world public sale report for an paintings is the $450.3 million paid in 2017 for Leonardo da Vinci’s “Salvator Mundi,” although some specialists dispute whether or not the panting of Jesus Christ is wholly the work of the Renaissance grasp.



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