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Monday, 12 October 2015 10:41

The City of Venice Deaccessions Works by Gustav Klimt and Marc Chagall

The International Gallery of Contemporary Art in Ca ‘Pesaro. The International Gallery of Contemporary Art in Ca ‘Pesaro. Wikipedia

Venetian Mayor Luigi Brugnaro has revealed plans to sell off some of the city's artworks to help settle the municipality's mounting debts. The shortlisted works include notable paintings such as Gustav Klimt's Judith II (Salome) (1909).

According to Der Standard, Klimt's masterpiece, which hangs in the International Gallery of Contemporary Art in Ca ‘Pesaro, has been estimated to sell for €70 million ($79.6 million).

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