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Klimt painting sells for $59M in bumper London auction week

Associated Press logo Associated Press 3/2/2017
FILE - This is a Wednesday, Feb. 22, 2017, file photo of Sotheby's auction house staff as they pose for photographers with Austrian artist Gustav Klimt's "Bauerngarten (Blumengarten)" during a photocall at their premises in London. The exuberant floral landscape by Gustav Klimt has sold at auction for almost 48 million pounds _ the third-highest price ever paid for an artwork in Europe. "Bauerngarten (Flower Garden)" went under the hammer for 47.9 million ($59.3 million) at Sotheby's in London. Sotheby's Europe chairwoman Helena Newman said the painting was "one of the artist's greatest masterpieces ever to come to auction." (AP Photo/Matt Dunham, File) © The Associated Press FILE - This is a Wednesday, Feb. 22, 2017, file photo of Sotheby's auction house staff as they pose for photographers with Austrian artist Gustav Klimt's "Bauerngarten (Blumengarten)" during a photocall at their premises in London. The exuberant floral landscape by Gustav Klimt has sold at auction for almost 48 million pounds _ the third-highest price ever paid for an artwork in Europe. "Bauerngarten (Flower Garden)" went under the hammer for 47.9 million ($59.3 million) at Sotheby's in London. Sotheby's Europe chairwoman Helena Newman said the painting was "one of the artist's greatest masterpieces ever to come to auction." (AP Photo/Matt Dunham, File)

An exuberant floral landscape by Gustav Klimt has sold at auction for almost 48 million pounds — the third-highest price ever paid for an artwork in Europe.

"Bauerngarten (Flower Garden)" went for 47.9 million pounds ($59.3 million) at Sotheby's in London.

Sotheby's Europe chairwoman Helena Newman said the painting was "one of the artist's greatest masterpieces ever to come to auction."

The only works to have fetched more in Europe are Alberto Giacometti's "Walking Man" sculpture, which sold for 65 million pounds in 2010, and Peter Paul Rubens' painting "The Massacre Of The Innocents, which netted 49.5 million pounds in 2002.

Sotheby's sale on Wednesday raised a total of 194.7 million pounds ($240.8 million). The auction house says that is a record for a London auction.

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