|Edvard Munch's 'The Scream' fetches record $119.9 million at Sotheby's auction |
Edvard Munch's "The Scream" is auctioned at Sotheby's Wednesday, May 2, 2012, in New York. The image is one of four versions created by the Norwegian expressionist painter. Three are in Norwegian museums. The one at the Sotheby's auction is the only one left in private hands and is being sold by Norwegian businessman Petter Olsen, whose father was a friend and patron of the artist. The hammer price was $107 Million with the buyers premium is $119,922, 500. AP Photo/Frank Franklin II.
By: Ula Ilnytzky, Associated Press
NEW YORK (AP).- One of the art world's most recognizable images Edvard Munch's "The Scream" sold Wednesday for a record $119,922,500 at auction in New York City.
The 1895 artwork a modern symbol of human anxiety was sold at Sotheby's. The buyer's name was not released. The price includes the buyer's premium, an additional amount the buyer pays the auction house.
The image of a man holding his head and screaming under a streaked, blood-red sky is one of four versions by the Norwegian expressionist painter. The auctioned piece at Sotheby's is the only one left in private hands.
The previous record for an artwork sold at auction was $106.5 million for Picasso's "Nude, Green Leaves, and Bust," sold by Christie's in 2010.
The image has become part of pop culture, "used by everyone from Warhol to Hollywood to cartoons to teacups and T-shirts," said Michael Frahm of the London-based art advisory service firm Frahm Ltd.
"Together with the Mona Lisa, it's the most famous and recognized image in art history," he added.
A buzz swept through the room when the artwork was presented for auction as two guards stood watch on either side. Bidding started at $40 million with seven buyers jumping into the competition early.
The battle eventually boiled down to two phone bidders as the historic hammer price was finally achieved after more than 12 minutes.
Sotheby's said the pastel-on-board version of "The Scream" is the most colorful and vibrant of the four and the only version whose frame was hand-painted by the artist to include his poem, detailing the work's inspiration.
In the poem, Munch described himself "shivering with anxiety" and said he felt "the great scream in nature."
Norwegian businessman Petter Olsen, whose father was a friend and patron of the artist, said he sold the piece through Sotheby's because he felt "the moment has come to offer the rest of the world the chance to own and appreciate this remarkable work."
Proceeds from the sale will go toward the establishment of a new museum, art center and hotel in Hvitsten, Norway, where Olsen's father and Munch were neighbors.
The director of the National Museum in Oslo, Audun Eckhoff, says Norwegian authorities approved the Munch sale since the other versions of the composition are in Norwegian museums. One version is owned by the National Museum and two others by the Munch Museum, also in Oslo.
Sotheby's said a total of eight works have sold for $80 million or more at auction.
Only two other works besides Picasso's "Nude, Green Leaves, and Bust" have sold for more than $100 million at auction. Those are Picasso's "Boy With a Pipe (The Young Apprentice)" for $104.1 million in 2004 and Alberto Giacometti's "Walking Man I" for $104.3 million in 2010.
Copyright 2012 The Associated Press.
May 3, 2012
Edvard Munch's 'The Scream' fetches record $119.9 million at Sotheby's auction
Christie's Latin American sale presents masterpieces by Matta, Carrington, Portinari & Botero
Major and unprecedented survey of the work of Lucio Fontana opens at Gagosian Gallery
Exhibition of Pablo Picasso's most celebrated series, The Vollard Suite, opens at the British Museum
Important 17th century masterpiece unveiled at the National Gallery of Victoria
Personal Hebrew seal from the end of the First Temple period discovered in Jerusalem
Collection of iconic photographs assembled by Eric and Louise Franck donated to Tate
Biggest Bauhaus exhibition in the UK in over 40 years opens at Barbican Art Gallery
Masterpieces by one of Russia's highest selling female artists, believed destroyed, offered by Bonhams
Christie's Spring Impressionist and Modern Art Evening Sale achieves $117 million
Lifetime collection of prominent Washington, DC lawyer to be sold at Heritage Auctions
1949 Bigsby Solid Body, only the fourth guitar crafted by famed maker, brings $266,500
Phillips de Pury & Company announces highlights from its London photographs auction
David C. Yu appointed Development Director at Aperture Foundation
Exhibition of provocative new work by Rachel Lee Hovnanian on view at Leila Heller Gallery
Belgian artist David Claerbout opens exhibition at Vienna's Secession
Two highly acclaimed moving image installations by Douglas Gordon on view at the Mead Gallery
Helsinki council nixes building Guggenheim museum
Most Popular Last Seven Days
1.- British archaeologist Nicholas Reeves aims to pinpoint legendary Queen Nefertiti's tomb
2.- Exhibition at the Victoria & Albert Museum explores the world of Indian textiles and fashion
3.- Rare Byzantine mosaic that depicts ancient streets and buildings in Egypt restored
4.- Sopranos actor/art collector Federico Castelluccio to pen book on Guercino discovery
5.- Exhibition at the McNay Art Museum presents more than 50 works created by Joan Miró
6.- Major monographic exhibition of works by Tamara de Lempicka on view in Verona
7.- Virginia Museum of Fine Arts acquires painting commissioned by King George III
8.- Tang Museum at Skidmore College receives 500 photographs from Jack Shear
9.- The Rijksmuseum and the Louvre to jointly buy rare Rembrandts for 160 mn euros
10.- Rail life: History of trains brought to life in a state-of-the art museum in Brussels
Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .
|Royalville Communications, Inc|