{"id":3503,"date":"2025-11-19T13:36:44","date_gmt":"2025-11-19T13:36:44","guid":{"rendered":"https:\/\/menamagazine.com\/?p=3503"},"modified":"2026-01-09T14:19:53","modified_gmt":"2026-01-09T14:19:53","slug":"klimt-painting-second-most-expensive-artwork-sold-at-auction","status":"publish","type":"post","link":"https:\/\/themena.com\/index.php\/2025\/11\/19\/klimt-painting-second-most-expensive-artwork-sold-at-auction\/","title":{"rendered":"Klimt painting second most expensive artwork sold at auction"},"content":{"rendered":"\n<p><strong>A portrait by the Austrian artist Gustav Klimt was sold for $236.4m (\u00a3179m) in New York on Tuesday, making it the second most expensive piece ever sold at auction.<\/strong><\/p>\n\n\n\n<p>Six people took part in a 20-minute bidding battle for the Portrait of Elisabeth Lederer which was painted between 1914 and 1916.<\/p>\n\n\n\n<p>Auction house Sotheby&#8217;s has not disclosed the buyer&#8217;s identity.<\/p>\n\n\n\n<p>The portrait was looted by the Nazis and almost destroyed in a fire in World War Two, but was rescued in 1948.<\/p>\n\n\n\n<p>The artwork was returned to Lederer&#8217;s brother, Erich, a friend and subject of Klimt&#8217;s contemporary, Egon Schiele. The piece remained in Lederer&#8217;s possession for most of his life, before he sold it in 1983, according to Sotheby&#8217;s.<\/p>\n\n\n\n<p>The painting shows Lederer, an heiress and the daughter of one of Klimt&#8217;s patrons, wearing a white robe and standing in front of a blue tapestry covered in Asian motifs.<\/p>\n\n\n\n<p>The Nazis, who annexed Austria in 1938, looted the Lederer art collection but left family portraits behind,says the National Gallery of Canada.<\/p>\n\n\n\n<p>Est\u00e9e Lauder heir Leonard A Lauder made it part of his private collection in 1985, where it was displayed in his Fifth Avenue home in New York.<\/p>\n\n\n\n<p>Tuesday&#8217;s sale shot past expectations, with the painting predicted to sell for $150m before the auction. The second highest sale for a Klimt on record was Lady with a Fan, which sold for $108.8m in 2023 in London.<\/p>\n\n\n\n<p>Several other Klimt works in Lauder&#8217;s collection were auctioned at the same event, including Flowering Meadow and Forest Slope at Unterach am Attersee, which fetched between $60m and $80m each.<\/p>\n\n\n\n<p>The most expensive artwork ever sold at auction was Salvator Mundi, attributed to Leonardo da Vinci, which sold in 2017 for $450.3m.<\/p>\n\n\n\n<p>Tuesday also saw a sculpture of a fully functioning gold toilet by the conceptual artist Maurizio Cattelan picking up $12.1m just an hour after the record-breaking Klimt sale.<\/p>\n\n\n\n<p>The 101-kg toilet received just one bid. Sotheby&#8217;s said that the buyer was a famous American brand.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A portrait by the Austrian artist Gustav Klimt was sold for $236.4m (\u00a3179m) in New York on Tuesday, making it the second most expensive piece&hellip;<\/p>\n","protected":false},"author":2,"featured_media":3504,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[141,15,450,62,4],"tags":[142,557,558,559],"class_list":["post-3503","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-art","category-business","category-culture","category-europe","category-international","tag-art","tag-gustav-klimt","tag-painting","tag-portrait-of-elisabeth-lederer"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Klimt painting second most expensive artwork sold at auction - 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