Long-Lost Klimt Portrait Surfaces and Fetches £26 Million at Auction

Gustav Klimt’s “Portrait of Fräulein Lieser,” thought lost for nearly a century, recently emerged and fetched £26m at auction in Vienna. Held by im Kinsky auction house, the bidding commenced at £23m, ultimately settling within the anticipated range of £25m-£42m. The buyer’s identity remains undisclosed. The auction house hailed the rediscovery as a sensation, emphasizing…