SOTHEBY’S – RESTITUTED MASTERPIECE BY GUSTAV KLIMT ACHIEVES $40.4 MILLIOn
Friday, November 4th, 2011– Records Set for Gustave Caillebotte, Tamara de Lempicka
and a Late Work by Pablo Picasso –
2 November 2011 – Sotheby’s New York, the Impressionist & Modern Art Evening Sale achieved a
strong $199,804,500, well within the overall pre-sale estimate of $167.6/229.9 million and eclipsing the total
for the same sale in May 2011. The auction was 81.4% sold by lot, and saw a total of 39 works sell for over $1
million. Gustav Klimt’s Litzlberg am Attersee (Litzlberg on the Attersee) was the top lot of the sale,
achieving $40,402,500 after a prolonged bidding battle (est. in excess of $25 million*), and auction records
were set for Gustave Caillebotte, Tamara de Lempicka and Maxime Maufra.´”I have rarely felt a room as
energetic as tonight” said Tobias Meyer, auctioneer of the evening sale.