In a historic moment for the art world, Gustav Klimt’s ‘Portrait of Elisabeth Lederer’ has shattered records, fetching an astounding $236.4 million (including fees) at auction. This monumental sale not only underscores the enduring allure of Klimt’s work but also cements the painting’s place as the second most expensive artwork ever sold at auction. The event has sparked widespread discussion among collectors, historians, and enthusiasts, highlighting the timeless value of masterpieces from the early 20th century. The sale reflects the growing appetite for high-caliber art in the global market, as well as the cultural and historical significance attributed to Klimt’s oeuvre. This record-breaking transaction is poised to influence future art auctions, setting a new benchmark for the valuation of iconic works.