Stolen Klimt Landscape Fetches $40.4 Million At Sotheby's New York Sale - Bloomberg

Stolen Klimt Obliterates Auction Estimate

A Gustav Klimt landscape stolen by the Nazis from its Jewish owner and recently returned to the woman's grandson sold for $40.4 million at Sotheby's today.
The top lot in the auction house's Impressionist and modern art evening sale, it went to a Zurich dealer named David Lachenmann after protracted bidding that boiled down to him and someone on the phone.

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