Klimt painting sets European record with $108 million price tag at Sotheby's auction in London

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Klimt painting sets European record with $108 million price tag at Sotheby's auction in London
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A late-life masterpiece by Austrian artist Gustav Klimt has sold for $108.4 million in London, making it the most expensive artwork ever auctioned in Europe.

LONDON — A late-life masterpiece by Austrian artist Gustav Klimt sold Tuesday for 85.3 million pounds , making it the most expensive artwork ever auctioned in Europe.

A 1,100-year-old Hebrew Bible that is one of the world’s oldest surviving biblical manuscripts has sold for $38 million in New York. The piece sold Tuesday was the last portrait Klimt completed before his death in 1918. The painting shows an unidentified woman against a resplendent, China-influenced backdrop of dragons and lotus blossoms.Sotheby’s said the buyer was art adviser Patti Wong, acting on behalf of a Hong Kong collector.

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