Tag: Modern art market
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How Klimt’s Portrait of Elisabeth Lederer, a Holocaust-Era Life-Saver, Shattered Auction Records
History Meets High Finance: Klimt’s Portrait and a Life-Saving Tale The art world witnessed a historic moment when Gustav Klimt’s Portrait of Elisabeth Lederer fetched a staggering $236 million at Sotheby’s in New York. The 6-foot-tall painting not only marked a new peak for Klimt’s market value but also carried a remarkable life story. Elisabeth…
