
"We were encouraged to see the School of London works we offered in March so well received-an affirmation both of a movement that has long resonated with us, and of the enduring power of figurative painting."
"The top lot is Klimt's 1902 portrait of Vienna socialite Gertha Felsőványi, which is expected to fetch £20 million to £30 million ($27 million-$40 million)."
"Lewis bought the work in 2015 at Sotheby's London for £24.8 million ($38.9 million), double its low estimate. Adjusted for inflation, that price would be £34.5 million today."
Sotheby's is set to host a significant auction featuring a collection from billionaire Joe Lewis, anticipated to generate over $200 million. This event follows a successful sale of School of London artworks that fetched $47.7 million. The auction will include notable pieces by Klimt, Modigliani, and Freud. The highlight is Klimt's 1902 portrait of Gertha Felsőványi, expected to sell for £20 million to £30 million. The Lewis family acquired this painting after a legal dispute regarding its ownership during World War II.
Read at Artnet News
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