A portrait of a young woman by Gustav Klimt that was long believed to be lost on Wednesday was sold at an auction in Vienna for 30 million euros (US$32 million).
The Austrian modernist artist started work on the Portrait of Fraulein Lieser in 1917, the year before he died, and it is one of his last works. Bidding started at 28 million euros, and the sale price was at the lower end of an expected range of 30 million to 50 million euros.
The painting went to a bidder from Hong Kong, who was not identified.
Photo: Reuters
The Im Kinsky auction house said that “a painting of such rarity, artistic significance, and value has not been available on the art market in Central Europe for decades.”
The intensely colored painting was auctioned on behalf of the current owners, Austrian private citizens whose names were not released, and the legal heirs of Adolf and Henriette Lieser, one of whom is believed to have commissioned the painting.
It is not entirely clear which member of the Lieser family was the model.
Klimt left the painting, with small parts unfinished, in his studio when he died of a stroke in early 1918 and it was given to the family who had commissioned it, the auction house said.
The Jewish family fled Austria after 1930 and lost most of their possessions.
It is unclear exactly what happened to the painting between 1925 and the 1960s, a period that includes the Nazi dictatorship. Austria was annexed by Nazi Germany in 1938.
The auction house said there is no evidence that the painting was confiscated then, but also no proof that it was not. It ended up with the current owners through three successive inheritances.
In view of the uncertainty, an agreement was drawn up with the current owners and the Liesers’ heirs to go forward with the sale under the Washington Principles, which were drafted in 1998 to assist in resolving issues related to returning Nazi-confiscated art.
The sale price was an art auction record for Austria. The highest price previously paid at an auction in the country was just more than 7 million euros for a work by Frans Francken The Younger in 2010.
School bullies in Singapore are to face caning under new guidelines, but the education minister on Tuesday said it would be meted out only as a last resort with strict safeguards. Human rights groups regularly criticize Singapore for the use of corporal punishment, which remains part of the school and criminal justice systems, but authorities have defended it as a deterrent to crime and serious misconduct. Caning was discussed in the parliament after legislators asked how it would be used in relation to bullying in schools. The debate followed stricter guidelines on serious student misconduct, including bullying, unveiled by the Singaporean Ministry of
As evening falls in Fiji’s capital, a steady stream of people approaches a makeshift clinic that is a first line of defense against one of the world’s fastest-growing HIV epidemics. In the South Pacific nation — a popular tourist destination of just under a million people — more than 2,000 new HIV cases were recorded last year, a 26 percent increase from 2024. The government has declared an HIV outbreak and described it as a national crisis. “It’s spreading like wildfire,” said Siteri Dinawai, 46, who came to be tested. The Moonlight Clinic, a converted minibus parked in a suburban cul-de-sac in Suva, is
A MESSAGE: Japan’s participation in the Balikatan drills is a clear deterrence signal to China not to attack Taiwan while the US is busy in the Middle East, an analyst said The Japan Self-Defense Forces yesterday fired a Type 88 anti-ship missile during a joint maritime exercise with US, Australian and Philippine forces, hitting a decommissioned Philippine Navy ship in waters facing the disputed South China Sea, in drills that underscore Tokyo’s rising willingness to project military power on China’s doorstep. The drill took place as Manila and Tokyo began talks on a potential defense equipment transfer, made possible by Japan’s decision to scrap restrictions on military exports. The discussions include the possible early transfer of Abukuma-class destroyers and TC-90 aircraft to the Philippines, Japanese Minister of Defense Shinjiro Koizumi said. Philippine Secretary of
‘GROSS NEGLIGENCE?’ Despite a spleen typically being significantly smaller than a liver, the surgeon said he believed Bryan’s spleen was ‘double the size of what is normal’ A Florida surgeon who is facing criminal charges after allegedly removing a patient’s liver instead of his spleen has said he is “forever traumatized” by that person’s death. In a deposition from November last year that was recently obtained by NBC, 44-year-old Thomas Shaknovsky described the death of 70-year-old William Bryan as an “incredibly unfortunate event that I regret deeply.” Bryan died after the botched surgery; and last month, a grand jury in Tallahassee indicted Shaknovsky on a charge of manslaughter. “I’m forever traumatized by it and hurt by it,” Shaknovsky added, also saying that wrong-site surgeries can happen “during
RSS