Senior editor and core member of the editorial team, contributing criticism and features across contemporary art, film and literature.

By Sara Bright

The peculiar thrill accompanying the rediscovery of lost art possesses a unique resonance within the cultural sphere. It’s a narrative that blends detective work with historical happenstance, market speculation with aesthetic appreciation. Sometimes, these reappearances occur in the most unassuming digital corners, as with a recently surfaced René Magritte sketch snapped up online for a pittance, only to be valued exponentially higher. Yet, other discoveries detonate with the force of a cultural bombshell, rewriting chapters of art history. Such is the case with the astonishing re-emergence of Gustav Klimt’s “Bildnis Fräulein Lieser,” a masterpiece unseen for nearly a century, suddenly materialising from the quietude of a private Austrian residence. This painting, imbued with the silent sentience of its long hidden journey, carries within its vibrant pigments the echoes of a vanished era and the weight of unresolved histories. Creativity.UK will tell you about the remarkable saga of this rediscovered portrait, a story that electrifies the art market and compels a fresh look at Vienna’s golden age.

Vienna’s Gilded Age Legacy

To comprehend the significance of “Bildnis Fräulein Lieser,” one must first immerse oneself in the Vienna of the early 20th century – a city of dazzling intellectual ferment, profound anxieties, and groundbreaking artistic innovation. Gustav Klimt (1862-1918) stood at the epicentre of this cultural whirlwind. As a founding member and president of the Vienna Secession movement, Klimt championed a break from academic tradition, forging a distinctive style characterised by opulent ornamentation, symbolic depth, and sensuous portrayals, particularly of the female form. His “Golden Phase,” yielding iconic works like “The Kiss” and the portraits of Adele Bloch-Bauer, cemented his reputation. Yet, his later works, including the newly found portrait, reveal an evolution towards bolder colour palettes and looser, more expressive brushwork, moving beyond the intricate gold leaf but retaining an intense psychological focus. He was the portraitist par excellence of Vienna’s affluent, assimilated Jewish bourgeoisie, families like the Wittgensteins, the Bloch-Bauers, and, indeed, the Liesers, who were patrons integral to the city’s vibrant cultural life.

The Mysterious Fräulein Lieser

Painted in 1917, just a year before Klimt’s untimely death during the Spanish flu pandemic, “Bildnis Fräulein Lieser” depicts a young woman from the upper echelons of Viennese society. She gazes directly, almost confrontationally, at the viewer, enveloped in a richly patterned cloak set against a loosely defined, fiery red background. Her identity, however, remains shrouded in a degree of ambiguity, adding another layer to the painting’s mystique. The sitter is known to be a daughter of the Lieser family, prominent Jewish industrialists who were significant patrons of the arts. Adolf Lieser and Justus Lieser were brothers leading figures in the Austro-Hungarian industry. While initial speculation pointed towards Margarethe Constance Lieser, daughter of Adolf, recent research by the auction house im Kinsky, handling the sale, suggests it might be one of the two daughters of Justus and his wife Henriette: Helene, the elder, known for her intellect, or Annie, the younger. Regardless of the specific individual, the portrait captures the poise and burgeoning self-awareness of a young woman on the cusp of adulthood, rendered with Klimt’s characteristic sensitivity and flair. The painting was documented in Klimt literature and known through a black-and-white photograph taken around 1925 for a potential exhibition catalogue; thereafter, it vanished from public view.

Lost Amidst Turbulent History

The disappearance of “Bildnis Fräulein Lieser” coincides with one of Europe’s most catastrophic periods. The rise of Nazism, the Anschluss (the annexation of Austria by Germany in 1938), and the horrors of the Holocaust irrevocably shattered the world that Klimt and his patrons inhabited. Jewish families like the Liesers faced persecution, expropriation of their property, and deportation. Many valuable artworks owned by Jewish collectors were looted by the Nazis (“Raubkunst”), forcibly sold under duress, or disappeared as families fled or perished. While the precise fate of the Klimt portrait during these dark years remains undocumented – a critical gap in its provenance – it is highly probable that its disappearance is linked to this tumultuous history. Henriette (Lilly) Lieser, mother of Helene and Annie, remained in Vienna, was deported in 1942, and murdered in Auschwitz in 1943. Her daughters survived. The decades following WWII saw painstaking efforts to trace and restitute Nazi-looted art, governed by international agreements like the Washington Principles on Nazi-Confiscated Art (1998). The reappearance of a major work like this, with uncertain WWII-era provenance, inevitably raises complex legal and ethical questions regarding ownership and restitution.

An Unexpected Reawakening

Against this backdrop of historical trauma and loss, the painting’s re-emergence feels almost miraculous. It surfaced not in a dusty attic or forgotten vault, but from within a private Austrian collection, where it had apparently resided, unnoticed by the wider art world, since the 1960s. The current owners, who wish to remain anonymous, reportedly inherited the work from relatives. Its rediscovery was initiated when they approached the Viennese auction house im Kinsky for legal advice regarding the inheritance. Specialists at the auction house, including Dr. Ernst Ploil and Dr. Tobias G. Natter (a renowned Klimt expert), immediately recognised the painting’s potential significance. Rigorous examination confirmed its authenticity, comparing it with the historical photograph and analysing Klimt’s distinctive technique from his late period. Unlike the chance digital discovery of the Magritte, this Klimt reappeared through more traditional channels, yet the underlying element of serendipity – the recovery of a long-lost treasure – remains profoundly captivating. It represents a direct link, previously severed, back to Klimt’s studio in his final months.

Provenance Puzzle Persists

Despite the excitement, the crucial question of the painting’s journey between 1925 and the 1960s remains unanswered. Im Kinsky has stated there is “no evidence that the work was confiscated, looted, or unlawfully seized” during the Nazi era. However, the absence of concrete evidence proving its legitimate transfer out of the Lieser family’s possession during that period leaves a significant question mark. Recognising this complexity, the current owners have entered into an agreement with the legal successors of the Lieser family, based on the Washington Principles. This agreement ensures that, should the painting sell, the proceeds will be shared between the consignors and the descendants of the original owners. This pragmatic approach acknowledges the historical uncertainties and aims for an equitable resolution, a model increasingly employed in cases involving art with potentially problematic WWII provenance. It highlights the ongoing responsibility the art market bears in addressing the legacies of Nazi looting, even decades later.

Analysing Klimt’s Late Style

From an art historical perspective, “Bildnis Fräulein Lieser” is a significant addition to Klimt’s late oeuvre. It exemplifies the shift away from the gilded opulence of his earlier portraits towards a fascination with intense, almost Fauvist colour and a more liberated application of paint. The vibrant turquoise, blue, yellow, and pink floral motifs on the sitter’s shawl contrast dramatically with the swirling, undefined red background – a background Klimt may have intended to develop further had he lived. This unfinished quality offers a fascinating glimpse into his working process. The portrait retains the artist’s profound psychological insight; the sitter’s direct gaze is compelling, conveying a sense of confidence and perhaps a touch of defiance. Compared to the ethereal symbolism of earlier works, this portrait feels more immediate, more grounded in the personality of the individual, while still employing decorative patterns to enhance the composition’s richness. Its rediscovery allows for a more complete understanding of Klimt’s artistic trajectory in the final phase of his career.

The Market’s Electrifying Response

The art market’s reaction to the news was immediate and intense. Major works by Gustav Klimt are exceptionally rare at auction, particularly portraits from his mature period, which are mostly held in museum collections or established private hands. The pre-sale estimate set by im Kinsky is between €30 million and €50 million (approximately £25 million to £42 million), placing it among the most valuable artworks ever offered for sale in Austria and potentially Europe. This valuation reflects not only Klimt’s stature as a globally revered artist but also the unique circumstances of the painting’s rediscovery and its inherent quality. Collectors worldwide, from institutions to private individuals, recognise the scarcity of such an opportunity. The sale, scheduled for April 2024 in Vienna, is anticipated to be a landmark event, potentially setting new benchmarks for the artist and underscoring the enduring appetite for trophy pieces of modern art, even amidst global economic uncertainties. The story adds a layer of romance and intrigue that invariably fuels market enthusiasm.

More Than Monetary Value

While the eye-watering valuation inevitably dominates headlines, the true significance of “Bildnis Fräulein Lieser” transcends its monetary worth. It is a rediscovered fragment of cultural history – a tangible link to the vanished world of pre-war Vienna, to the legacy of a pioneering artistic movement, and to the fate of a prominent Jewish family caught in the maelstrom of the 20th century. Its reappearance prompts reflection on loss, memory, and the enduring power of art to survive against the odds. The painting embodies the brilliance of Klimt’s final artistic phase and serves as a poignant memorial to a sitter whose life, like the world she inhabited, was irrevocably changed by subsequent events. The ongoing investigation into its provenance underscores the continuing importance of historical accountability within the art world.

The re-emergence of “Bildnis Fräulein Lieser” is a powerful reminder that history still holds secrets and that masterpieces can lie hidden in plain sight. Like a message in a bottle washed ashore after decades at sea, the portrait brings stories of artistic genius, societal upheaval, and personal tragedy back into the light. Its journey from Klimt’s easel through a century of silence to the auction block encapsulates the complex interplay of art, history, and commerce. As the art world awaits the fall of the hammer, the painting stands as a vibrant testament to Gustav Klimt’s enduring vision and a poignant symbol of cultural heritage reclaimed, albeit with its mysteries not entirely unravelled.