Gustav Klimt's Portrait of Elisabeth Lederer, which recently sold at Sotheby's for a record-breaking $236.4 million — Decorative art is the new ‘FINE ART’ / by Guy Austin

In 2015, I was looking for a gallerist to hang my work. I sent out 100 postcards all across Los Angeles County, and I was lucky to receive a response from two gallerists. One of the gallerists came over to the" studio,” checked out my work, had very nice things to say about it, but he called my art” definitely not fine art but decorative art.” My polite retort: “Tell that to Gustav Klimt, Mark Rothko, and Jackson Pollock. He countered with”“…Back then, their works were considered fine art”” Well, circa 2025, it looks like decorative art is the n’w 'Fine A’t.’ However, what is heartbreaking is that the Klimt just sold for $237-mil million. It will now go to Freeport as an asset to be sold later on as if it were a stock or bond.