Gustav Klimt’s ‘Lady With A Fan’ sets European record and sells for millions in London auction

Gustav Klimt’s late-life masterpiece, Lady With A Fan, sold for £74 million ($94.35 million), making it the most expensive painting ever auctioned in Europe.

Dame mit Fächer sold to a buyer in the room at Sotheby’s in London on Tuesday 27 June.

The sale price exceeded the presale estimate of £65 million.

Previously, the most expensive painting auctioned in Europe was Claude Monet’s Le Bassin Aux Nympheas, which fetched just over £63 million at a Christie’s sale in 2008.

Lady With A Fan was the last portrait Klimt completed before his death in 1918.