Tobias Natter, the director of the Leopold Museum in Vienna, quit his post to protest ties between museum board members and a new foundation set up to manage a Nazi-era film director’s collection of Gustav Klimt artworks.
The Austrian province of Salzburg said it will return a landscape by Gustav Klimt to the heir of a Jewish woman who was murdered by the Nazis, after research showed the artwork was looted from her apartment by the Gestapo.
High-value paintings by Gustav Klimt and Salvador Dali failed to sell at a $124.7 million auction in London tonight as wealthy buyers of Impressionist and modern art balked at over-ambitious estimates.
Heirs of Erich Lederer, whose family fled Vienna when the Nazis annexed Austria in 1938, have filed a claim demanding the return of Gustav Klimt’s monumental 1902 “Beethoven Frieze,” the heirs’ lawyer said.
She was the woman Gustav Klimt spent his life with, yet they never lived together or married. His offspring -- as many as 14, including two baby Gustavs born from different mothers in the same summer -- were by other women.
Billionaire Reinhold Wuerth, who has collected art for more than 40 years, last year spent about $70 million for a Holbein painting of the Madonna. It was the highest price ever paid for an artwork in Germany.