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Gustav Klimt's Portrait of Elisabeth Lederer Sells for Record $236.4 Million at Sotheby's
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Gustav Klimt's painting Portrait of Elisabeth Lederer was sold at Sotheby's auction in New York for $236.4 million including fees, setting a record for the most expensive work of modern art sold at auction. The auction took place in 2025, with bidding starting at $130 million with six bidders engaging in about 20 minutes of bidding.
The artwork, created between 1914 and 1916, depicts Elisabeth Lederer, a young heiress and daughter of Klimt's patrons, draped elegantly in a Chinese robe. The final price of $236.4 million is approximately £179.7 million including fees. This sale marks the painting as the second most expensive artwork ever sold at auction.
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