According to Austrian paper, the sale of $ 32 million by Gustav Klemut has declined. Dare Standard. The anonymous buyer of painting in Hong Kong withdrew from sale last month after a private rehabilitation settlement.
In 2024, Claimat Portrait of Fabriculin laser (1917) It sold for $ 30 to 30 million, ($ 32.15 million, with fees .5 37.51 million), its pressing estimates have $ 30 to $ 50 million. The sale was still a record for Austria, where the auction took place in Vienna’s IM Kanski.
Der Standard The anonymous buyer was represented at the auction by Petty Wang & Associates (Hong Kong).
Her painting had been lost for about 100 years before, and it was only known as a black and white picture taken in 1925. In his offer, especially around World War II, the IM Kanski auction house worked to arrange a settlement for a part of a conscience, a private Austrian citizen, and a part of the laser family.
According to Art Net NewsThe conscinner Portrait of Fabriculin laser In 2022 the painting was inherited. However, in the middle of 1925, when the black and white image showed the artwork in the possession of the laser family, and in 1961, when Portrait of Fabriculin laser The consumer’s family was recorded in the possession of the family.
It is worth noting that the era includes insulations, when Austria was linked to Nazi Germany between 1938 and 1945. The Nazis harassed the Austrian Jewish population in full swing and hundreds of thousands were forced to emigrate.
Dispute over the seat’s identity Portrait of Fabriculin laserMany contenders tried to discuss compensation settlements with all the famous heritage of Adolf and Henith laser for 60 % sales income before and after the painting ownership of the painting.
Although almost all contracts between the buyer and the various heritage were successfully acquired, no one refused to sign a contract, which in turn failed to sell the painting, according to Dare Standard,
Der Standard It is also estimated that the IM Kanski auction cost for failed sale “will be at least 1.5 million (7 1.7 million).