Portrait of Adele Bloch-Bauer I
|Type||Oil, silver, and gold on canvas|
|Dimensions||138 cm × 138 cm (54 in × 54 in)|
|Location||Neue Galerie, New York|
Portrait of Adele Bloch-Bauer I is a 1907 painting by Gustav Klimt. According to press reports it was sold for US$135 million to Ronald Lauder for his Neue Galerie in New York City in June 2006, which made it at that time the most expensive painting for about 4 months. It has been on display at the gallery since July 2006.
The painting 
Klimt took three years to complete the painting. It measures 54" x 54" [138 x 138 cm] and is made of oil and gold on canvas, showing elaborate and complex ornamentation as seen in the Jugendstil style. Klimt was a member of the Vienna Secession, a group of artists that broke away from the traditional way of painting. The picture was painted in Vienna and commissioned by Ferdinand Bloch-Bauer. As a wealthy industrialist who had made his fortune in the sugar industry, he sponsored the arts and favored and supported Gustav Klimt. Adele Bloch-Bauer became the only model who was painted twice by Klimt when he completed a second picture of her, Adele Bloch-Bauer II, in 1912.
Ownership of the painting 
Adele Bloch-Bauer, in her will, asked her husband to donate the Klimt paintings to the Austrian State Gallery upon his death. She died in 1925 from meningitis. When the Nazis took over Austria, her widowed husband had to flee to Switzerland. His property, including the Klimt paintings, was confiscated. In his 1945 testament, Bloch-Bauer designated his nephew and nieces, including Maria Altmann, as the inheritors of his estate.
As Bloch-Bauer's pictures had remained in Austria, the government took the position that the testament of Adele Bloch-Bauer had determined that these pictures were to stay there. After a protracted court battle in the United States and in Austria (see Republic of Austria v. Altmann), binding arbitration by a panel of Austrian judges established in 2006 that Maria Altmann was the rightful owner of this and four other paintings by Klimt.
Throughout the process, Stephen Lash, chairman of Christie's Americas, provided Altmann with artistic and legal information. After the pictures were sent to America, Christie's discussed with Ronald Lauder the possibility of a private treaty sale. In its business proposal Christie's put on the five Klimts a value of around $300 million, putting the value of Adele Bloch-Bauer I at $135 million. The amount of the guarantee offered by Christie's remains undisclosed. The paintings were then shortly on display in Los Angeles in 2006 before the Adele Bloch-Bauer I was eventually sold to Lauder in June 2006, who reportedly paid the agreed $135 million. Christie's offered to finance in large part the acquisition by accepting a consignment of works of art worth around $100 million.
The painting is the centerpiece of Lauder’s collection, Neue Galerie in New York. Lauder’s comment on the acquisition for his Neue Gallerie collection: “This is our Mona Lisa”. Originally, the four additional works by Klimt were included in the exhibition.
Soon after the first transaction, news of the forthcoming auction of the four other Klimts was announced, triggering speculation about the probable prices of the Klimts at auction. In November 2006, Adele Bloch-Bauer II (1912) was sold at Christie's in New York, fetching almost $88m. In total the four remaining paintings sold for $192.7 million and the proceeds were divided up among several heirs. The buyers of those paintings remain anonymous. The wish of Maria Altmann that the paintings should be accessible to the general public in a museum has not been fulfilled.
Some in the art world criticized the heirs' decision to sell all of the restituted paintings: specifically, New York Times chief art critic Michael Kimmelman described the heirs as "cashing in," and thus transforming a "story about justice and redemption after the Holocaust" into "yet another tale of the crazy, intoxicating art market." Kimmelman wrote: "Wouldn’t it have been remarkable (I’m just dreaming here) if the heirs had decided instead to donate one or more of the paintings to a public institution?"
Maria Altmann's story has been recounted in three documentary films. Adele's Wish by filmmaker Terrence Turner, who is the husband of Altmann's great-niece, was released in 2008. Adele's Wish featured interviews with Altmann, her lawyer, E. Randol Schoenberg and leading experts from around the world. Altmann's story was also the subject of the documentary Stealing Klimt, which was released in 2007. That movie also featured interviews with Altmann, Schoenberg, and others who were closely involved with the story.
The tale of the painting and all people involved is also meticulously researched in the book by Anne-Marie O'Connor "The Lady in Gold: The Extraordinary Tale of Gustav Klimt's Masterpiece, Portrait of Adele Bloch-Bauer". It was published on February 7, 2012.
See also 
- Vogel, Carol (2006-06-19). "NY Times report from June 19, 2006". Nytimes.com. Retrieved 2011-05-15.
- Ferdinand Bloch-Bauer was born Ferdinand Bloch, the son of David Bloch (also known as Abraham Bloch), a banker and sugar factory owner, and his wife Marie, née Straschnow. Ferdinand married Adele Bauer, the daughter of Moritz Bauer (director of the Vienna bank Wiener Bankverein) and his wife Jeanette, née Honig. When Ferdinand married Adele, both adopted the surname Bloch-Bauer.
- Her name is pronounced as [aˈdeːlə blɔx ˈbaʊ̯ɐ] in German.
- "Last Will 1923". Adele.at. 1923-01-19. Retrieved 2011-05-15.
- "Bloch-Bauer 1945 testament". Arthistory.about.com. Retrieved 2011-05-15.
- "List and Pictures of Klimt Paintings ("Amalie" not part of the five pictures), Photo of Adele Bloch-Bauer, Photo of Klimt". Adele.at. Retrieved 2011-05-15.
- Souren Melikian (January 12, 2007), How Christie's kept top spot over Sotheby's in 2006 sales New York Times.
- "Quote". Spiegel.de. 2006-06-19. Retrieved 2011-05-15.
- Kimmelman, Michael (2006-09-19). "Klimts Go to Market; Museums Hold Their Breath". New York Times. Retrieved 2011-05-15.
- "The Accidental Caregiver: How I Met, Loved and Lost Legendary Holocaust Refugee Maria Altmann". Theaccidentalcaregiver.com. Retrieved 2012-11-19.
- "The Lady in Gold: The Extraordinary Tale of Gustav Klimt's Masterpiece, Portrait of Adele Bloch-Bauer [Deckle Edge] [Hardcover]". Retrieved 2013-01-24.
- Czernin, Hubertus. Die Fälschung: Der Fall Bloch-Bauer und das Werk Gustav Klimts. Czernin Verlag, Vienna 2006. ISBN 3-7076-0000-9
- O'Connor, Anne-Marie. The Lady in Gold, The Extraordinary Tale of Gustav Klimt's Masterpiece, Portrait of Adele Bloch-Bauer. Alfred A. Knopf, New York 2012. ISBN 0-307-26564-1
- The Fight for the Klimt Paintings
|Wikimedia Commons has media related to: Adele Bloch-Bauer I|
- Stealing Klimt at the Internet Movie Database
- iKlimt.com, Life and Work of Gustav Klimt
- Fortune article by Tyler Green about Ronald Lauder and the Neue Galerie's acquisition of the painting.
- Documentation of the Legal Fight
- Slate article (06/2006)
- Los Angeles County Museum of Art: Klimt