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UNITED STATES
Klimt painting sold for record fee
An oil and gold-encrusted portrait by Gustav Klimt that was the focus of a battle between the Austrian government and the subject's niece was purchased for a record-setting amount by a New York museum, an attorney said.
The 1907 portrait of Adele Bloch-Bauer was sold June 18 by Los Angeles resident and Bloch-Bauer's niece, Maria Altmann, and her family, said her attorney Steven Thomas.
Thomas refused to disclose the price, but experts claim the portrait sold for $135 million.
The Japan Times Weekly: June 24, 2006 (C) All rights reserved
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