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Klimt’s Portrait of Elisabeth Lederer Sells for $236M, Setting Historic Sotheby’s Record

Gustav Klimt’s “Portrait of Elisabeth Lederer” just made headlines — it sold for $236.4 million at Sotheby’s, setting a new auction record for modern art. This isn’t just a pricey painting: the work has a powerful history. Lederer’s life story during the Holocaust, and how the portrait survived, adds deep emotional weight to this massive sale.