A long-lost masterpiece by renowned Austrian artist Gustav Klimt has been rediscovered and is set to fetch millions at an upcoming auction. The portrait, titled “Portrait of Fräulein Lieser,” was last seen nearly a century ago and was believed to be lost forever.
The painting, which is one of Klimt’s final works, was recently found in the private collection of an Austrian citizen. It is expected to sell for up to $54 million when it goes under the hammer at the im Kinsky auction house in Vienna on April 24.
The rediscovery of this portrait is a major sensation in the art world, as it is one of the few remaining works by Klimt that is still in private hands. The painting is a stunning example of Klimt’s unique style, with its vibrant colors and intricate patterns.
Art experts believe that the portrait depicts Margarethe Constance Lieser, the 18-year-old daughter of industrial magnate Adolf Lieser. However, new research suggests that two other members of the Lieser family, Helene Lieser and Annie Lieser, may have also served as Klimt’s models.
The Lieser family were known patrons of the Austrian modernist movement, and Klimt likely began painting the portrait in 1917, just a year before his death. The painting was later given to the Lieser family, but its history after 1925 is largely unknown.
The portrait will embark on a worldwide tour before its sale, with planned stops in Switzerland, Germany, Great Britain, and Hong Kong.