The price estimate makes Gustav Klimt's final completed work "the most valuable ever to have been offered at auction in Europe," according to Sotheby's.
The last portrait painted by Gustav Klimt was sold in London on Tuesday for £74 million ($94.3 million), setting a new European art auction record.The previous auction record for an artwork sold in Europe was for Alberto Giacometti's "Walking Man I", which went for £65 million in February 2010.
The final work by Austrian artist Gustav Klimt has fetched €86 million at auction setting a new record for the most expensive painting ever sold in Europe.
LONDON (Reuters) - A portrait of an unnamed woman by Austrian artist Gustav Klimt sold for 85.3 million pounds ($108.4 million) on Tuesday, setting a new record price for any work of art sold at an auction in Europe, London-based auction house Sotheby s said.