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Klimt portrait becomes "most valuable" modern artwork, selling for $236.4M

Klimt portrait becomes "most valuable" modern artwork, selling for $236.4M

Summary

Gustav Klimt's painting "Portrait of Elisabeth Lederer" sold for $236.4 million at Sotheby's auction in New York City. This sale makes it the most valuable modern artwork ever sold and the second-most expensive auctioned artwork overall.

Key Facts

  • The painting is called "Portrait of Elisabeth Lederer."
  • It was created by Austrian artist Gustav Klimt.
  • The painting sold for $236.4 million at an auction.
  • Sotheby's held the auction in New York City.
  • It is now the most valuable modern artwork in terms of auction sales.
  • The painting is also the second-most expensive artwork ever sold at an auction.

Source Information