The Latest Breaking News from Sotheby

Gustav Klimt's Portrait of Elisabeth Lederer sold for a record-breaking $236.4 million (£179.91 million) at Sotheby's, becoming the most expensive modern artwork ever auctioned as part of the landmark sale of Leonard Lauder's private collection.

Klimt's “Portrait of Elisabeth Lederer” helped save the life of its Jewish subject during the Holocaust. It broke a record at auction previously set by an Andy Warhol potrait of Marilyn Monroe.

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Gustav Klimt's Portrait of Elisabeth Lederer sells for $236.4m, ranking second in auction history. Explore the artist's legacy and the portrait's significance.

The only higher public sale remains ‘Salvator Mundi’ by Leonardo da Vinci, which sold in 2017 for $450m at Christie's

It's the second-most expensive work of art ever to be sold at auction, Sotheby's said.

Portrait of Elisabeth Lederer, which was looted by the Nazis and nearly destroyed in a fire during the second world war, sells at Sotheby’s auction

Owned by an unnamed collector, it's one of two such toilets that Cattelan created in 2016.

Artwork that hung for centuries at St John’s Almshouse in Sherborne will be sold to raise funds for social housing

A diamond brooch that French emperor Napoleon was said to have lost while fleeing from the Battle of Waterloo in the early 19th century sold for more than 3.5 million Swiss francs, or about $4.4 million, at a Geneva auction on Wednesday

Frida Kahlo’s painting “El sueño (La cama)” is expected to fetch between $40 million and $60 million at auction, potentially making it the most expensive work by a female or Latin American artist