
Christie's offers $80 million Klimt landscape, guaranteed, to lead November sales
'Litzlbergkeller' joins a Kandinsky and the Koch collection in a crowded New York auction week
NEW YORK — Christie's said Monday that Gustav Klimt's 'Litzlbergkeller' (1915-16) will lead its Nov. 17 evening sale in New York with an estimate of $60 million to $80 million. The house has guaranteed that it will sell. An anonymous family has owned the Attersee landscape for nearly three decades. Its relatives paid $14.7 million for it at Sotheby's in 1997, then a Klimt auction record. The canvas is on view in Hong Kong Oct. 27-29, then at Rockefeller Center from Nov. 7. Klimt's auction record is $236.4 million, set last November for a portrait. The sale also carries a Kandinsky estimated at $60-80 million. Christie's will also sell more than $40 million from billionaire Bill Koch, led by a Monet and a Cezanne at $12-18 million each. Sotheby's answers Nov. 18 with the Blaquier-Arrieta collection, including a Van Gogh.
Why it mattersThe consignments show how much top-end supply is arriving for November, the first big test of the market's recovery since last year's record sales.










