Klimt breaks Record in Lauder Sale

November 19 2025

Video: Sotheby's

Posted by Adam Busiakiewicz:

Sotheby's New York set a new record last night for the most expensive work of 'modern art' sold at auction. Gustav Klimt's Bildnis Elisabeth Lederer (Portrait of Elisabeth Lederer) realised $236.4m (inc. commission) over its $150m+ estimate. The Leonard A. Lauder, Collector Evening Auction realised a total of $527.5m with all lots being sold.

Equally impressive prices were achieved down the road, with the Christie's 20th Century Evening Sale realising a total of $471,728,400. The separate The Collection of Robert F. and Patricia G. Ross Weis sale realised an additional $218,066,600 with the highlight being Rothko's No. 31 (Yellow Stripe) which realised $62,160,000 over its 'estimate on request' price tag.

Notice to "Internet Explorer" Users

You are seeing this notice because you are using Internet Explorer 6.0 (or older version). IE6 is now a deprecated browser which this website no longer supports. To view the Art History News website, you can easily do so by downloading one of the following, freely available browsers:

Once you have upgraded your browser, you can return to this page using the new application, whereupon this notice will have been replaced by the full website and its content.