Hold onto your hats, art lovers. Gustav Klimt's final portrait is stealing the show as the star of London's summer auction season. 🖼️💰
to a private Japanese collector after a seven-minute-long bidding war, well exceeding its estimated price around $45 million. was acquired shortly after the death of the artist by Erwin Böhler, an industrialist in Vienna. Böhler’s family were close friends and patrons of both Klimt and the painter Egon Schiele. The family even vacationed with Klimt at a lake near Salzburg that served as the inspiration for many of the artist’s landscape works and were photographed there together.
The painting was eventually passed to Erwin’s brother Heinrich, a close friend of Klimt, and then to Heinrich’s wife Mabel in 1940 after his death. The next owner was Rudolf Leopold, the Viennese art collector and museum director, who also bought many Schiele works from Mabel Böhler in 1952. The family of the current owner acquired through a Sotheby’s auction in New York in 1994. Sotheby’s did not to reveal the family’s identity or the reason for its current sale.
“Klimt is in that rare category of artists—including Modigliani, Picasso, and Giacometti—whose work has achieved over $100 million at auction,” Newman said.
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