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VIENNA - A painting by Gustav Klimt that reappeared after nearly a century sold for 30 million euros (S$43.7 million) on April 24, setting a record price for an Austrian auction despite questions surrounding its provenance. Read more at straitstimes.com.
Im Kinsky had estimated the value at 30-50 million euros but said reports questioning the work's provenance discouraged buyers.
The unfinished portrait of a dark-haired woman was likely last seen at a Viennese exhibition in 1925. It reemerged this year when auction house im Kinsky announced its sale.
A painting by symbolist icon Gustav Klimt that reappeared after nearly a century will be sold at auction in Vienna on Wednesday despite questions surrounding its provenance.