A rare painting by Austrian artist Gustav Klimt was lost almost 100 years ago. It was recently discovered in Vienna. The painting, ‘Fraulein Lieser’, once belonged to a Jewish family in Austria. American media CBS News reported this information in a report.
This painting by Gustav Klimt was last seen in public in 1925. It is not known how it disappeared after that. The current owner of the painting said it has been in their family since the 1960s.
Auction house Im Kinsky said the rare painting will be auctioned. Its value is estimated at 54 million US dollars. In a statement, Im Kinski said, “It’s amazing to find a painting by an artist like Gustav Klimt.” Paintings of such rare and artistic quality have not been found in Europe for decades.
The painting is a portrait of Fraulein Lieser. According to CBS News, the painting will be auctioned off on April 24 by Leezer’s successor and current owner. Before the auction, this valuable painting will be presented in various places including UK, Switzerland, Germany, Hong Kong, said Im Kinski.
Gustav Klimt’s paintings have sold at auction before. In June last year, the artist’s painting ‘Lady with a Fan’ sold for £83.3 million. It is one of the most valuable paintings sold at auction in Europe.
Clemont is believed to have begun painting this portrait in 1917. But could not complete. He died of a stroke in 1918. The unfinished part of the painting was kept in Clement’s studio. It was later given to the Liza family.