"Portrait of Elisabeth Lederer" was considered "too Jewish" to be worth stealing by the Nazis, but it played a role in saving its subject's life.

Portrait of Elisabeth Lederer, which was looted by the Nazis and nearly destroyed in a fire during the second world war, sells at Sotheby’s auction

Un ritratto di Gustav Klimt, 'Portrait of Elisabeth Lederer', è stato venduto a New York per 236,4 milioni di dollari, stabilendo un nuovo record per un’opera d’arte moderna. Il…

The portrait of Austrian heiress Elisabeth Lederer was looted by the Nazis and almost destroyed.

The only higher public sale remains Salvator Mundi by Leonardo da Vinci, which sold in 2017 for $450.3m (£342.66m) at Christie's

Art experts and auction houses say the market is being boosted by a renewed sense of optimism among collectors and by several top collections coming to market.

"Portrait of Elisabeth Lederer" was considered "too Jewish" to be worth stealing by the Nazis, but it played a role in saving its subject's life.

A Gustav Klimt painting has become the most expensive piece of modern art ever after it was sold at auction. On Tuesday (18 November), The Portrait of Elisabeth Lederer was bought…