Breaking News

‘The Scream’ Sells for $119.9 Million at Sotheby’s
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Edvard Munch’s ‘The Scream,’ possibly the most recognizable pieces of art in the world, sold for a record $119,922,500 at an auction Wednesday night in New York City. The painting is from 1895 and it was sold at Sotheby’s. The name of the buyer was not released to the public. The record broken on Wednesday was previously held by Picasso’s ‘Nude, Green Leaves, and Bust,’ which was sold in 2010 by Christie’s for $106.5 million.

The painting is of a man who is holding his head while screaming underneath a blood-red, streaky sky. The painting is one of only four versions created by Munch, who is Norwegian and an expressionist painter. The piece auctioned off on Wednesday night is the only one remining in private hands.

  
What
Where


Michael Frahm, from Frahm Ltd, said, “It is used by everyone from Warhol to Hollywood to cartoons to teacups and T-shirts.”Together with the Mona Lisa it’s the most famous and recognized image in art history.”

The bidding for the piece began at $40 million as seven buyers immediately jumped into the fray. The competition fizzled to only two bidders, both placing bids on the phone. When all was said and done, it took 12 minutes to reach the winning bid, which includes the fee from the auction house. Sotheby’s said that their version of the painting is the most vibrant and colorful of all four versions. Sotheby’s also said that it is the only version that has a hand-painted frame by Munch that includes his poem, which details the inspiration for the painting. Munch described himself in the poem as ‘shivering with anxiety’ and said he could feel ‘the great scream in nature.’

Petter Olsen, a businessman from Norway, said his father was a patron and a friend of Munch. He said it was time to sell the piece because “the moment has come to offer the rest of the world the chance to own and appreciate this remarkable work. I have lived with this work all my life, and its power and energy have only increased with time.”

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




The proceeds from the sale of the painting will be put towards establishing a new museum, art center and hotel in Hvitsten, Norway. This is where Olsen’s father and Munch lived as neighbors.

Simon Shaw, a member of Sotheby’s Impressionist and Modern Art Department, said, “If ever there was a work of art of true shock-and-awe, it was Edvard Munch’s ‘The Scream.'”



Only two other pieces of art have sold for more than $100 million aside from ‘The Scream’ and ‘Nude, Green Leaves, and Bust.’ Those other two pieces are Picasso’s ‘Boy with a Pipe (The Young Apprentice)’ for $104.1 million and Alberto Giacometti’s ‘Walking Man I’ for $104.3 million.



 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Litigation/Law and Motion Associate Attorney

USA-CA-Woodland Hills

Woodland Hills office of our client seeks litigation/law and motion associate attorney with preferab...

Apply Now

Commercial Litigation Associate Attorney

USA-CA-Redwood City

Redwood City office of our client seeks commercial litigation associate attorney with 3-5 years of e...

Apply Now

Immigration Law Associate Attorney

USA-OH-Columbus

Columbus office of our client seeks immigration law associate attorney with 3+ years of experience. ...

Apply Now

RELEVANT JOBS

Litigation Associate

USA-TX-Dallas

We are looking for a mid-level litigation associate to join our commercial litigation boutique. T...

Apply now

Paralegal / Legal Assistant

USA-NC-New Bern

General SUMRELL SUGG, PA, a law firm established in 1949 with offices in New Bern and Kins...

Apply now

In-House Counsel

USA-FL-Orlando

Job Summary: The In-House Counsel will work closely with Falcon’s Executives and will serve...

Apply now

Personal Injury Paralegal

USA-CA-Los Angeles

Prominent and growing law firm in West Los Angeles is seeking a full-time, experienced paralegal wit...

Apply now

SEARCH IN ARCHIVE

To Top