Gustav Klimt's painting "Portrait of Fräulein Lieser" was rediscovered after nearly 100 years.
The painting is set to be auctioned in April and is valued at up to $54 million.
AdvertisementA long-lost painting by the Austrian modernist Gustav Klimt has been rediscovered after nearly a century.
Related storiesAfter being exhibited globally, the portrait will be auctioned in Vienna in April, with an estimated value of up to €50 million, or around $54 million, the auction house said.
According to the auction house, the painting appears to have been acquired by "a legal predecessor of the consignor in the 1960s and passed to the current owner in three inheritances."
Persons:
Gustav Klimt's, —, Gustav Klimt, Klimt, It's, Adolf, Henriette Lieser, Klimt's
Organizations:
Service, Observer, Washington, Nazi
Locations:
Austrian, Vienna, Austria, Europe