Christie's to offer Klimt landscape in New York on November 17, guaranteed to sell

Christie's, the auction house, will offer Gustav Klimt's landscape Litzlbergkeller at its New York evening sale on November 17, with an estimate of US$60-80 million. The estimate is the expected price range. Christie's confirmed to ARTnews that the work is guaranteed to sell, a promise of a set sum to the seller whatever bidders do.