Monday, December 5, 2011

Stolen Klimt Landscape Fetches $40.4 Million At Sotheby's New York Sale

Via Bloomberg.com -

11/02/2011

"A Gustav Klimt landscape stolen by the Nazis from its Jewish owner and recently returned to the woman's grandson sold for $40.4 million at Sotheby's today.

The top lot in the auction house's Impressionist and modern art evening sale, it went to a Zurich dealer named David Lachenmann after protracted bidding that boiled down to him and someone on the phone."

Visit The Klimt Collection here at klimts.com