A Gustav Klimt portrait, 'Portrait Of Elisabeth Lederer,' recently sold for an astonishing $236.4 million at a Sotheby's auction in New York. This makes it the most expensive work of modern art ever sold at auction, a price that reflects not only its artistic merit but also its profound historical significance. The painting played a crucial role in saving a woman's life during the Nazi era.
The record-breaking sale has brought renewed attention to Klimt's work and the dramatic stories often intertwined with art pieces from turbulent historical periods.
Key Takeaways
- Gustav Klimt's 'Portrait Of Elisabeth Lederer' sold for $236.4 million, a new record for modern art.
- The painting was completed between 1914 and 1916, representing Klimt's later period.
- Elisabeth Lederer, the subject, used a fabricated connection to Klimt to avoid Nazi persecution.
- The Lederer family were significant patrons and collectors of Klimt's art.
- The artwork's historical context adds immense value beyond its aesthetic qualities.
Gustav Klimt's Enduring Legacy in Art History
Gustav Klimt stands as a pivotal figure in Viennese art at the turn of the 20th century. He served as a bridge between 19th-century artistic traditions and the emerging modern art movements. While his popularity in the United States grew significantly from the 1960s onward, he is now recognized globally as an iconic artist.
Many art enthusiasts are familiar with his 'golden period,' which includes famous works like 'The Kiss.' His portraits, often characterized by their intricate detail and unique style, hang in museums around the world, attracting millions of visitors annually.
Artist Profile: Gustav Klimt
- Born: July 14, 1862, Baumgarten, Austrian Empire
- Died: February 6, 1918, Vienna, Austria-Hungary
- Movement: Symbolism, Vienna Secession
- Notable Works: 'The Kiss,' 'Portrait of Adele Bloch-Bauer I,' 'Judith and the Head of Holofernes'
- Signature Style: Ornate, often golden, decorative patterns, strong symbolism, and focus on the female form.
The Significance of 'Portrait Of Elisabeth Lederer'
The 'Portrait Of Elisabeth Lederer' was painted between 1914 and 1916, just a few years before Klimt's death in 1918. Art historians consider it a beautiful representation of his later period, showcasing his evolving artistic language.
Beyond its aesthetic appeal, the painting holds immense historical value. Elisabeth Lederer was the daughter of August and Serena Lederer, who were among the most important collectors of Klimt's work. This connection alone places the portrait in a unique category within Klimt's oeuvre.
"The work is not only a beautiful representation of a work from Klimt's later period... But as a document of history, it's also very, very fascinating."
A Story of Survival: The Painting's Role in Avoiding Persecution
The backstory of Elisabeth Lederer is truly remarkable. Divorced in 1934 from a man who had Nazi ties, Elisabeth found herself in an incredibly vulnerable position when Austria was annexed by the Nazis during the Anschluss in 1938. As a Jewish woman in Vienna, she faced severe danger, including the very real threat of deportation.
In a desperate and ingenious move that likely saved her life, Elisabeth convinced her mother, Serena Lederer, to sign an affidavit. This document falsely claimed that Elisabeth was not the daughter of August Lederer, but rather the product of an affair between Serena and Gustav Klimt.
Historical Context: The Anschluss
The Anschluss, which occurred on March 12, 1938, was the annexation of Austria into Nazi Germany. This event marked a critical turning point for Austrian Jews, who immediately faced severe persecution, loss of rights, and ultimately, the threat of extermination. The period saw widespread arrests, confiscation of property, and the beginning of forced emigration or deportation.
This fabricated narrative rendered Elisabeth what the Nazis termed a 'Mischling,' or a 'part-Jew.' This legal classification, however horrific, provided her with a loophole that allowed her to remain in Vienna, ultimately preventing her deportation and almost certainly saving her from the fate many others endured.
The Auction Price and Its Implications
The final auction price of $236.4 million, including fees, stunned many. This figure makes 'Portrait Of Elisabeth Lederer' the most expensive piece of modern art ever sold at auction. While such high prices can seem abstract, the value reflects a combination of factors.
First, Klimt's market value has been steadily rising. Second, the painting itself is considered exceptionally beautiful. It depicts Elisabeth with a vulnerable expression, dark eyes, and is surrounded by light colors, jade greens, and purples, showcasing Klimt's mastery of color and form.
Finally, and perhaps most significantly, the painting's unique historical narrative elevates its importance. It is not just an artistic masterpiece; it is a tangible piece of history, linked to a prominent family of collectors and a story of survival against unimaginable odds.
The sale underscores the increasing value placed on artworks with compelling provenances and historical connections, especially those that illuminate human resilience during dark periods. The anonymous bidder now owns not just a painting, but a powerful testament to art's ability to intersect with life in profound and unexpected ways.




