MercoPress. South Atlantic News Agency

Art market opens with record sale for Klimt’s “Portrait of Elisabeth Lederer”

The “Portrait of Elisabeth Lederer” by the Austrian artist Gustav Klimt, was sold at Sotheby’s on Tuesday night for US$236.4 million, making it the second-most expensive painting ever sold at auction, blowing past its original estimate of more than US$150 million. Read full article