(CNN) — What does a notorious gold toilet and a nearly destroyed Klimt painting have in common? They christened Sotheby’s first sale out of its new US headquarters in New York on Tuesday evening in a ...

Over the last 15 years, prices paid at auction houses for paintings, sculptures and other art have skyrocketed, setting ever-higher bars for the most expensive art sold at auctions. Owning art has ...

A Gustav Klimt portrait painting has sold for a record $236 million at a Sotheby’s auction. That sale set a record for a modern art piece, and is the second most expensive painting sold in history.

Imagine finding a super-valuable painting in your attic or at a flea market. While the most expensive paintings ever sold tend to be famous pieces everyone watches, some of them were rediscovered ...

Gustav Klimt's legacy just got a little greener. After all, the symbolist artist's painting Bildnis Elisabeth Lederer (or Portrait of Elisabeth Lederer in English) was sold for $236.4 million, with ...

A painting by Gustav Klimt just became the most expensive piece of modern art to be sold at auction. The Austrian painter’s work Portrait of Elisabeth Lederer sold at Sotheby’s in New York for $236 ...

The art pieces found in an art gallery range from sculpted pieces, paintings, metal works, etc. One would wonder why people pay such exorbitant amounts to visit these galleries, only to stare at art ...

(CNN) — What does a notorious gold toilet and a nearly destroyed Klimt painting have in common? They christened Sotheby’s first sale out of its new US headquarters in New York on Tuesday evening in a ...