Gustav Klimt
Litzlberg am Attersee (Litzlberg on the Attersee)
Painted in 1914
Klimt’s Litzlberg on the Attersee to lead Sotheby’s sale The first star of the fall art auction season has been announced: “Litzlberg am Attersee (Litzlberg on the Attersee)” is a very strong landscape by Gustav Klimt, and it will be auctioned at Sotheby’s New York, on November 2nd 2011, estimated in excess of $25 million.]]>
August 8th, 2011, source: Sotheby’s / theartwolf.com
The 110 × 110 cm (43.3 × 43.3 in) canvas has been part of museum collections in Salzburg since 1944, until it was restituted to Georges Jorisch, great-nephew of Viktor Zuckerkandl, whose collection was seized by the Gestapo and sold off during the WWII.
Sotheby’s makes a suggestive description of the painting: “The effect is a flattening- out of the landscape, and the creation of a richly-textured surface that nevertheless retains great depth in its subtle and delicate modulation of color”.
In addition to the ‘Litzlberg am Attersee’, another 5 major landscapes by Klimt have been auctioned in the last 10 years.
Kirche in Cassone (Landschaft mit Zypressen) (Church in Cassone – Landscape with Cypresses)
Pre-sale estimate of £12-18 million
Sold for £26.9 million ($43.2 million) at Sotheby’s London, February 2010
Birch Forest
Pre-sale estimate of $20-30 million
Sold for $40.3 million at Christie’s New York, November 2006
Houses at Unterach on the Attersee
Pre-sale estimate of $15-25 million
Sold for $31.4 million at Christie’s New York, November 2006
Apple Tree I
Pre-sale estimate of $15-25 million
Sold for $33,1 million at Christie’s New York, November 2006
Landhaus am attersee
Pre-sale estimate of $18-25 million
Sold for $29,1 million at Sotheby’s New York, November 2003
With these antecendets, a final price between $40 million and $50 million sounds reasonable. Let’s see what happens in November.
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Magnificent portrait by Gustav Klimt to be offered at Christie’s (June 2010)
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