Lost Gustav Klimt Painting Resurfaces After 100 Years

The 'Portrait of Fraulein Lieser' is set to be auctioned in April, with an estimated value of over $54 million.

A painting by Austrian artist Gustav Klimt, 'Portrait of Fraulein Lieser', believed lost for 100 years, has been found in Vienna.
The painting, one of Klimt's last works, was last seen in public in 1925 and has been in the possession of the current owners' family since the 1960s.
The im Kinsky auction house estimates the painting's value at more than $54 million and will put it up for auction on 24 April.
Before the auction, the painting will be presented at various international locations including the UK, Switzerland, Germany and Hong Kong.
The portrait once belonged to the Lieser family, wealthy Jewish industrialists in Vienna, and there is no evidence that the work had been looted or stolen before or during the Second World War.