Klimt portrait 'Lady with a Fan' headed to auction with $80 million price tag

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Klimt portrait 'Lady with a Fan' headed to auction with $80 million price tag
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The last-ever portrait Austrian artist Gustav Klimt painted before he died is headed for auction next week, with a price estimate of $80 million.

"Dame mit Fächer" - a portrait of an unnamed woman - was still on an easel in Klimt's studio when the painter died in February 1918.

"It shows Klimt at the very height of his creative prowess, drawing on imagery from Asia of which he was obsessed," Helena Newman, chairman of Sotheby’s Europe and worldwide head of impressionist and modern art, told Reuters, referring to depictions of a phoenix, lotus flower and other elements in the painting.

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