Luana Totea

Date of Award

2025

Document Type

Thesis - Restricted Access (SIA Only)

Degree Name

Master of Arts (MA)

Department

Art Business

First Advisor

Betsy Thomas

Second Advisor

Judith Prowda

Abstract

This paper explores the hypothetical attribution of a painting titled ‘Aphrodite
Conceiving Zeus’ to Gustav Klimt, a painting discovered in Romania in 2022,
focusing on two main inquiries: first, the potential placement of the work within
Klimt’s established oeuvre, and second, the estimation of its fair market value,
assuming the painting’s authenticity. While the authentication of the painting is
critical for determining its historical and financial significance, this study primarily
operates under the assumption of authenticity, enabling a focused analysis of
‘Aphrodite Conceiving Zeus’ within the context of Klimt’s known works from two of
his artistic periods: (1) Historicist (1883–1897) and (2) post-Golden (1914–1918).
Nevertheless, the research engages with the discussion surrounding the possibility of the painting being otherwise attributed and discusses the implications of its current documentation. This approach enables a comprehensive exploration of the painting’s stylistic, thematic, and compositional features while critically addressing the complexities and challenges inherent in art attribution. Moreover, this study
undertakes a detailed valuation exercise informed by auction results, market trends, and the economic behaviours associated with Klimt’s artworks. By adopting a multidisciplinary approach that bridges art history and financial analysis, this research provides insights into the implications of attribution and valuation within the contemporary art market. Furthermore, this thesis addresses necessary procedures for the authentication and verification of artworks, laying the groundwork for future inquiries into provenance research and technical analysis. This study serves as both an art historical investigation and an economic study, highlighting the intricate relationship between artistic legacy and market dynamics.

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