The Scream is auctioned off for a record-breaking $119.9 million. Edvard Munch's iconic 1895 pastel painting "The Scream" sold for $119.9 million after 12 nail-biting minutes and five eager bidders, becoming the world's most expensive work of art ever sold at auction. The price eclipses the previous record held by Vincent van Gogh's Starry Night - also painted in 1889-90.
The painting was expected to sell for less than $100 million, but it exceeded all expectations. It came up for sale at Sotheby's in New York City and was bought by an investor from China for its high price tag.
Munch created "The Scream" as a response to the political turmoil of 1890s Norway. The painting shows a figure with their hand outstretched toward the viewer, screaming in pain or anguish. Munch based the character on himself, his wife, and one of his friends. The person in the picture is supposed to be looking away from the viewer, so we can't see their face.
Munch completed "The Scream" just three months before he died at the age of 42. He had been hospitalized for depression following the death of his fiancée. "The Scream" was first exhibited at a Norwegian gallery, then later displayed in Munich and Paris. In 2004, "The Scream" was moved to New York where it now hangs in the Metropolitan Museum of Art.
The Scream, a classic painting by Edvard Munch, was auctioned off for $119.9 million (PS73.9 million) last week at Sotheby's in New York, becoming it the most expensive artwork ever sold at auction. The previous record holder was Pablo Picasso's Les Demoiselles d'Avignon, which sold for $102.5 million (PS70.3 million) in 2009.
Scream was created in 1893 and is painted on canvas. It is measured 33 inches by 48 inches (83 cm by 122 cm). The price includes the buyer's premium.
It is estimated to be worth between $150 and $180 million (LS10 and 12 million).
(Reuters) - NEW YORK - Sotheby's sold Edvard Munch's masterpiece "The Scream," one of the world's most iconic pieces of art, for $120 million on Wednesday, setting a new auction record for the most expensive piece of art ever sold.
The price was more than three times higher than the previous record set by Pablo Picasso's "La guerre" (1929), which sold for $55.4 million in New York in March 2015.
Munch's painting, which is estimated to be worth between $150 million and $200 million, was bought by an American collector who has not been publicly identified. The buyer paid $57.5 million including fees for a telephone bid placed from New York by Sotheby's.
The sale broke several records at Sotheby's annual New York auction. It was the highest amount ever paid for a work of art at a public auction house, surpassing a $96.3 million price tag set when Pablo Picasso's "Les demoiselles d'avignon" (1907) sold at Sotheby's New York in May 2014.
It also became the first work of art to be sold at a public auction to break the $100 million mark.
It's Edvard Munch's "The Scream," and it sold at a Sotheby's auction in New York last night for $119.9 million, making it the most costly piece of art ever sold at auction, according to Margo Adler of NPR's Newscast.
Munch's work is especially valuable because he was almost completely dependent on the sales of his paintings for his living. He died in 1903 at the age of 42 with no children to leave behind. So the price of his work has enormous cultural significance as well.
Scream sold to an American collector who has not yet been publicly identified. The buyer paid $110 million plus $1.5 million in fees so that U.S. tax laws would allow him to avoid paying any federal income taxes on the money.
In case you were wondering what the painting looks like hanging on someone's wall...
A rendition of Edvard Munch's The Scream established a new world record last week when it sold at auction for $119.9 million (PS74m). Prior to Tuesday's auction, the highest price paid for a Mark Rothko piece was $72.84 million (PS45m). The previous record for a work of postwar art was held by Francis Bacon's Triptych, which sold for $86.3 million (£53.4 million) in 2008. It is now the most expensive painting ever sold at auction.
Rothko died in 1970 at the age of 37. This version of The Scream is one of six known paintings by the artist. It sold on Wednesday evening at Christie's New York during an online-only sale that drew 155 bids from around the world for the single artwork. The final price included fees for the gallery and the seller, which we are told by experts was likely to be between $150-$200 million.
Rothko was a American painter born in 1890. He developed an early interest in art, taking lessons from a local photographer before going to Chicago to study at the Art Institute. In 1916 he moved to New York City, where his friendship with the writer/artist Henry Miller helped inspire him to paint. Rothko later said this first period of his career was influenced by French artists like Matisse and Picasso.
In 1925 Rothko returned to Chicago where he met up again with Miller who had just started writing about art. They became good friends and together they showed paintings at several exhibitions across America.
According to Sotheby's Philip Hook, the sole privately owned reproduction of Edvard Munch's masterwork The Scream might cost more than $80 million (PS50 million) at auction. "It's the most renowned and recognizable image in art history, along with the Mona Lisa," Michael Frahm, an art advisor with Frahm Ltd., told the Associated Press. "So it's not surprising that people want a piece of it."
The original painting is on display at the Munch Museum in Oslo, Norway. It was created around 1893 and is one of several paintings featuring a skull or skeletons as its main subject. The Scream has been described as "an expression of terror and despair" and has also been called a "cry for help". It measures about 1.4 meters (4 feet 7 inches) high by 2 meters (6 feet 7 inches) wide.
People have been obsessed with The Scream since it was first published in 1919. In fact, so many copies were made after its creation that only one original painting remains today. Mr. Frahm said that if you added up the prices of all the reproductions it would be enough to buy another masterpiece by Renoir or Toulouse-Lautrec.
Mr. Hook estimated that there are probably only 10 to 20 people in the world who can say they own a piece of The Scream. He thinks that will change when he auctions it off in New York City on May 30th.
Edvard Munch's The Scream, $119.9 million.
The world's most expensive painting has been estimated to be worth up to $200 million. Edvard Munch's The Scream will be offered at Christie's New York on December 5th-6th. The sale is expected to bring in over $300 million.
The price of The Scream has risen dramatically since it was created in 1893. When it was first exhibited it was considered controversial because of its depiction of a face with an expression of terror. Now it is regarded as one of the greatest paintings in the world.
Munch was a Norwegian artist who spent most of his life in Germany. He produced hundreds of works of art, many of which are still available today. The Scream is one of his most famous paintings and has been called "a visual representation of horror and panic" by some critics. It shows a white figure with red hair in a landscape full of dark trees and clouds with heavy snowfall.
The painting has always been a subject of controversy because of its graphic nature.