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A painting by Gustav Klimt is found after 100 years

2024-01-26 08:43:00, Kulturë CNA
A painting by Gustav Klimt is found after 100 years
Gustav Klimt

A painting by Austrian artist Gustav Klimt, believed to have been lost for 100 years, has been found in Vienna.

Fraulein Lieser's portrait, once owned by a Jewish family in Austria, was last seen in public in 1925.

Its fate afterwards was unclear, but the family of the current owners has had the painting since the 60s.

My Kinsky auction house has said that the value of the painting is over 54 million dollars.

"Such a rare painting, of great artistic importance, has not been found on the art market in Central Europe for decades," Kinsky said in a statement.

The portrait will be auctioned on April 24, on behalf of the owners, and the legal descendants of the Lieser family.

Something like this is based on the Washington Principles, an international agreement to return Nazi-looted art to the descendants of the people from whom the works were taken.

Prior to the auction, the paintings will be presented in several international locations, including the United Kingdom, Switzerland, Germany and Hong Kong.

The portrait was once the property of the Lieser family, wealthy Jewish industrialists in Vienna.

A lawyer told the Austrian media that so far no evidence has been found that this work was looted, or stolen, before or during the Second World War.

Klimt's works have sold for large sums of money in the past.

His other work, Woman with Blower, sold for $85.3 million in June, making it the most valuable work of art ever sold at auction in Europe./REL

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