How Much Is The Large Poplar II (Gathering Storm) Worth?
Last updated: April 1, 2026
Quick Facts
- Methodology
- comparable analysis
Based on recent, closely related Klimt landscape results and the work’s museum-grade quality, The Large Poplar II (Gathering Storm) would likely fetch $60–90 million in today’s market. The Poplar motif sits just below Klimt’s most chromatically exuberant garden and lake scenes but remains a top-tier Secession-period landscape with exceptional provenance.

The Large Poplar II (Gathering Storm)
Gustav Klimt, 1902/03 • Oil on canvas
Read full analysis of The Large Poplar II (Gathering Storm) →Valuation Analysis
Conclusion: Anchored to the strongest recent Klimt landscape benchmarks, The Large Poplar II (Gathering Storm), 1902/03 (oil on canvas, 100.8 × 100.8 cm; Leopold Museum, Vienna), is assessed at $60–90 million in a well-orchestrated, marquee-auction scenario. The work is a square-format, early Secession-period landscape from a respected Poplar series with institutional provenance and widely cited art-historical standing [1].
Methodology and comps: The range calibrates against a re-rated Klimt landscape market: two landscapes sold in November 2025 at $86.0m (Blumenwiese/Blooming Meadow) and $68.32m (Forest Slope in Unterach) with fees, resetting the cohort’s current trading band [2]. Turn-of-the-century and closely related square-format landscapes have also performed strongly—Insel im Attersee realized $53.2m in May 2023 [4], while the category’s recent pinnacle, Birch Forest (1903), achieved $104.6m in the Paul G. Allen sale, an outlier ceiling fueled by pristine quality and context [3]. Earlier bellwethers such as Bauerngarten (Blumengarten) at $59.3m (2017) further substantiate the long-standing depth of demand for Klimt’s landscape corpus [5].
Positioning of the Poplar motif: Within Klimt’s landscapes, the Poplar series is both art-historically significant and emblematic of his Secession-era experiments with a tapestry-like surface and a compressed, near-abstract spatial field. Market preference typically places the most chromatically exuberant garden and lake scenes at the very top; the Poplar motif—more tonally restrained but compositionally rigorous—trades just beneath those peaks. Given its prime 1902/03 date, square format, and museum calibre, The Large Poplar II would plausibly cluster near the midpoint-to-upper half of today’s landscape band (roughly $70–80m), with an outer range of $60–90m depending on the sale’s competitive dynamics and guarantee structure.
Provenance and availability: The painting’s lineage—Flöge family ownership, a documented Dorotheum sale in 1974, and long-term stewardship by Rudolf Leopold before entering the Leopold Museum—confers exceptional clarity and prestige [1]. Although museum holdings seldom reach market, such provenance can command confidence and, in trophy contexts, a premium. Title clarity and institutional deaccession protocols would be essential setup considerations.
Market context: Klimt’s overall market has been emphatically validated at the very top—his Portrait of Elisabeth Lederer achieved $236.4m at auction in November 2025—signaling robust, global demand for museum-grade works across categories [2][6]. That momentum, combined with focused recent attention on Klimt’s landscapes, supports the present estimate for a masterpiece-level landscape like The Large Poplar II.
Key Valuation Factors
Art Historical Significance
High ImpactPainted in 1902/03, The Large Poplar II belongs to Klimt’s Secession-period landscape corpus at the moment he was crystallizing his signature flattened, tapestry-like pictorial language. The Poplar series is central to understanding his transition from decorative surface to near-abstract spatial compression, making this work a touchstone within the landscape oeuvre. Its square format—a hallmark across many of Klimt’s most coveted landscapes—adds to its canonical status. Scholarly and exhibition visibility, coupled with the painting’s early date and refined compositional rigor, position it as a benchmark example within Klimt’s non-portrait output, enhancing its desirability and supporting a valuation in the top tier of the landscape category.
Market Comparables
High ImpactTwo November 2025 Klimt landscapes—Blooming Meadow at about $86m and Forest Slope at $68.32m (with fees)—define the current trading corridor for top-quality landscapes. Additional anchors include Insel im Attersee at $53.2m (May 2023), Bauerngarten (Blumengarten) at $59.3m (2017), and the outlier Birch Forest at $104.6m in the Paul G. Allen sale. Against this matrix, The Large Poplar II’s period, format, and museum-grade quality align it above Insel im Attersee and broadly in line with Forest Slope, but a notch below the most chromatic garden meadows. These direct, recent benchmarks underpin a confident $60–90m range, with strong potential for mid-to-upper outcomes in a competitive, guaranteed evening sale.
Provenance and Ownership
Medium ImpactThe work’s provenance is exemplary: Flöge family ownership, a recorded Dorotheum auction in 1974, and acquisition by Rudolf Leopold before its transfer to the Leopold Museum. Such clear, institutionally documented lineage mitigates title risk and builds buyer confidence. While museum-held status can limit immediate availability, it can also burnish reputational value and perceived quality through long-term professional care. In a hypothetical deaccession or sanctioned sale, this provenance would likely serve as a positive price driver. Practical sale execution—policy compliance, public communications, and guarantee strategy—would determine whether provenance advantages fully translate into competition at the rostrum.
Scale, Medium, and Condition Considerations
Medium ImpactAt 100.8 × 100.8 cm, the work possesses the impactful, square-format presence strongly associated with Klimt’s most sought-after landscapes. Oil on canvas at this date typically exhibits stable paint layers, and sustained institutional stewardship generally correlates with high conservation standards. While a current, independent condition report would be decisive for final pricing, the combination of substantial scale, square format, and museum care supports placement in the upper echelon of landscape values. In practice, minor conservation histories are common at this age and, if well-executed, do not materially impede demand for Klimt at this level.
Sale History
Dorotheum, Vienna
604th Art Auction, lot 330; price not published in the Leopold Museum's provenance record
Gustav Klimt's Market
Gustav Klimt is a supply-constrained, blue-chip cornerstone of the Modern category. The market’s apex was emphatically reset in November 2025 when Portrait of Elisabeth Lederer realized $236.4 million at auction, establishing a new artist record and the highest modern-art price at auction. Demand is global and deep, spanning Europe, the U.S., and Asia, as evidenced by the 2023 European record for Lady with a Fan and sustained bidding across top evening sales. Landscapes have re-rated meaningfully since 2022–2025, with several results in the high tens of millions to mid-eight figures. With limited fresh supply, prime-period, museum-grade Klimts continue to command intense competition and premium pricing.
Comparable Sales
Blumenwiese (Blooming Meadow)
Gustav Klimt
Same artist; top-tier landscape from the mature period; strong coloristic, tapestry-like surface comparable to Klimt’s square-format landscapes. A key 2025 benchmark for Klimt landscapes (price with buyer’s premium).
$86.0M
2025, Sotheby's New York
Waldabhang bei Unterach am Attersee (Forest Slope in Unterach on the Attersee)
Gustav Klimt
Same artist; landscape subject closely aligned (dense arboreal motif); major 2025 result showing current demand for Klimt’s landscapes slightly less chromatically exuberant than the floral/lake scenes (price with buyer’s premium).
$68.3M
2025, Sotheby's New York
Insel im Attersee (Island in the Attersee)
Gustav Klimt
Same artist; early 1901–02 date closely bracketing The Large Poplar II (1902/03); square-format, iconic lake motif—prime comparator for scale/period/landscape appeal (price with buyer’s premium).
$53.2M
2023, Sotheby's New York
~$56.6M adjusted
Birch Forest
Gustav Klimt
Same artist; 1903 landscape, same Secession-period window and forested motif; square-format and museum-grade. A peak, context-boosted benchmark for the category (price with buyer’s premium).
$104.6M
2022, Christie's New York (Paul G. Allen Collection)
~$116.2M adjusted
Bauerngarten (Blumengarten)
Gustav Klimt
Same artist; 1907 landscape/garden scene in square format with dense surface patterning; a long-standing high benchmark for Klimt landscapes (reported USD equivalent with buyer’s premium).
$59.3M
2017, Sotheby's London
~$78.6M adjusted
Litzlberg am Attersee
Gustav Klimt
Same artist; classic Attersee lake landscape (1914–15) and square format. Older sale but still instructive for the landscape cohort once inflation-adjusted (price with buyer’s premium).
$40.4M
2011, Sotheby's New York
~$58.4M adjusted
Current Market Trends
The upper tier of the Modern market strengthened notably in late 2025 after a selective 2024, with buyers concentrating capital on trophy-caliber, well-provenanced works. Klimt was a key driver of this rebound: his category-leading portrait record and two major landscape results in the same season recalibrated expectations for both portrait and landscape sub-genres. Within Vienna Secession material, depth is greatest for iconic, square-format landscapes and late portraits, with recent sales showing robust participation from U.S., European, and Asian buyers. In this context, a prime, early-1900s Klimt landscape with institutional provenance is well-positioned to achieve a result within the current $60–90 million landscape band.
Sources
- Leopold Museum Online Collection: Die große Pappel II (Aufziehendes Gewitter)
- Sotheby’s: The 10 Most Valuable Lots Sold by Sotheby’s in 2025
- The Art Newspaper: Paul G. Allen evening sale totals $1.5bn; Klimt’s Birch Forest hits $104.6m
- Sotheby’s: The New York Sales, May 2023 Results (incl. Klimt, Insel im Attersee)
- The Art Newspaper: Klimt helps Sotheby’s reach auction record in London (Bauerngarten, 2017)
- Bloomberg: Klimt Portrait Sells for Record $236.4 Million at Sotheby’s