"Gustav Klimt's Portrait of Elisabeth Lederer (1914-16) sold for the second highest price ever realised at auction at Sotheby's in New York on Tuesday. It was the most notable of several big sales in the sold-out (or "white-glove") auction of 24 works from the collection of the late billionaire Leonard Lauder, and has prompted some commentators to declare that the art market has turned a corner following a prolonged downturn."
"And this episode's Work of the Week is Victorious Cupid (1601-02) by Caravaggio, a landmark work by the artist, made at the height of his fame in Rome. The painting is making a rare journey from its home at the Gemäldegalerie in Berlin to the Wallace Collection in London, where it is at the centre of an exhibition opening next week."
Gustav Klimt's Portrait of Elisabeth Lederer (1914–16) sold for the second-highest price ever realized at auction at Sotheby's in New York. The painting was the most notable of 24 works from Leonard Lauder's collection in a sold-out "white-glove" sale and has prompted commentary that the art market may be recovering after a prolonged downturn. COP30 is taking place in Belém, Brazil, and specially commissioned artworks under the theme It's Not Easy Being Green appear on posters across the UK and Brazil. The Gallery Climate Coalition is publishing a Stocktake Report with data on members' efforts to reduce carbon emissions. Caravaggio's Victorious Cupid (1601–02) is traveling from the Gemäldegalerie in Berlin to the Wallace Collection in London for an exhibition.
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