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'The Scream' fetches record $119.9M at NYC auction

Associated Press Published: May 3, 2012
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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. Neither the buyer's name nor any details about the buyer was released.

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.

Munch's 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 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."

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. The record price includes the auction house's fee.

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."

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