Gustav Klimt's Bildnis Gertrud Loew leads June 24 sale

Gustav Klimt's Portrait of Bildnis Gertrud Loew (1902) realised £24.7m ($39.1m) in a sale at Sotheby's London on June 24.

The lot headlined a major auction of impressionist and modern art, beating an estimate of £18m ($28.4m) by 37.2%.

Klimt Getrud Sothebys
Klimt is among the most celebrated painters of all time

Helena Newman, co-head of impressionist and modern art at Sotheby's, explained in the run up to the sale: "Gustav Klimt's exquisite and ingenious representations of women have led to him become the most celebrated painter of the female portrait of the early 20th Century.

"Bildnis Gertrud Loew, from a crucial period in the artist's career, is one his finest portraits to appear at auction in over twenty years."

The record for a work by Klimt stands at $135m, set for his iconic portrait of Adele Bloch-Bauer I in a private sale in 2006.

Kazimir Malevich's Suprematism, 18th Construction also sold well - achieving £21.4m ($33.6m).

The work was shown in Malevich's celebrated 0.10 exhibition in Petrograd (Saint Petersburg) in 1915.

The show introduced the world to Suprematism, a movement started by Malevich, which distilled art down to simple geometric shapes and colours.

Malevich is best known for Black Square, a painting that acted as a founding statement for the movement.  

Please sign up to our free newsletter to receive exciting news about art and photography auctions.

Featured products

Elvis Presley Authentic Strand of Hair
Elvis Presley Authentic Strand of Hair
Sale price£399
In stock
Fidel Castro signed certificateFidel Castro Signed Certificate
Fidel Castro signed certificate
Sale price£2,995
In stock
King Henry VIII Autographed DocumentKing Henry VIII Autographed Document
King Henry VIII Autographed Document
Sale price£65,000
In stock