Klimt fetches $39 million at Sotheby’s

A Gustav Klimt portrait of a young woman that had been the subject of an ownership dispute fetched the highest price of $39.1 million in an auction at Sotheby’s in London last week. Sales at the auction topped

178.6 million, with 10 of the 51 lots on offer selling for more than 10 million. Among them was an Edgar Degas cast bronze of a ballerina that sold for 15.8 million, setting an auction record for a sculpture by the French artist, Sotheby’s said. This auction capped off what has been a season of unprecdented triumph for the auction house.

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