Gustav Klimt’s Work Sets New European Art Auction Record

An employee holds an artwork titled “Dame mit Facher” (Lady with a Fan) by Gustav Klimt in Sotheby’s auction house in London on June 20.

LONDON (AFP-Jiji) — The last portrait painted by Gustav Klimt was sold in London on Tuesday for £74 million ($94.3 million), setting a new European art auction record.

The celebrated Austrian symbolist’s “Dame mit Facher” (Lady with a Fan) went under the hammer at Sotheby’s.

The previous auction record for an artwork sold in Europe was for Alberto Giacometti’s “Walking Man I,” which went for £65 million in February 2010.