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Painting Looted by Nazis Sells for $40.4M

Gustav Klimt landscape goes way above expectations at Sotheby's

By John Johnson,  Newser Staff

Posted Nov 3, 2011 6:50 PM CDT

(Newser) – The high-rent district of the art world might be rebounding if Sotheby's recent auction is an indicator. The big seller was a landscape by Austrian artist Gustav Klimt, which went for $40.4 million, way above the $25 million estimate, reports the BBC. The...   Read full story »

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