In Vienna, a sensational painting was discovered, believed to have been lost for nearly 100 years
The painting 'Portrait of Fräulein Lieser' by Austrian artist Gustav Klimt was found in Vienna after being considered lost for almost 100 years.
This discovery was reported by the Im Kinsky auction house. The painting belonged to a Jewish family in Austria and was last seen in public in 1925. What happened to it remains unknown, but since the 1960s, the family of the current owners has possessed the 'Portrait of Fräulein Lieser.'
The existence of the portrait is documented in the catalogs of Gustav Klimt's paintings, but experts only knew about it from a black-and-white photograph. Now, for the first time, everyone can see the vibrant colors of the Austrian artist's creation in his later years.
The portrait most likely depicts the daughter of industrial magnate Adolf Lieser, Margaret Constance, or his other daughters. The Lieser family belonged to the wealthy upper class of Viennese society, among whom Klimt found his patrons and clients.
The Im Kinsky auction house estimated the value of the portrait at more than $54 million and labeled the discovery as sensational.
