WATCH: Meet the ex-rugby player who’s a brilliant ballet dancer in a new short documentary series titled, LIFE

WATCH: Very proud penguin from Edinburgh Zoo gets promoted from knight to Brigadier in the King of Norway's Guard.

Sotheby's to sell Munch's The Scream

2012-02-21 16:49
 
London - Sotheby's will offer the only privately owned version of Edvard Munch's painting The Scream at an auction in New York on May 2, and expects it to fetch more than $80m.

The work is owned by Norwegian businessman Petter Olsen, whose father Thomas was a friend, neighbour and patron of Munch, the auctioneer said on Tuesday.

Simon Shaw, senior vice president and head of Sotheby's Impressionist & Modern Art department in New York, called the pastel-on-board creation "one of the most important works of art in private hands.

"Given how rarely true icons come to the market it is difficult to predict The Scream's value," he added in a statement. "The recent success of masterpieces at Sotheby's suggests that the price could exceed $80m."

Olsen said proceeds from the sale would go towards building a new museum, art centre and hotel at his farm in Norway.



Read more on:    auctions  |  art

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
3 comments
Comments have been closed for this article.
 

Recent News

Prince William and his wife, Kate, are set to visit Canada this fall. Read More »

South African novelist JM Coetzee and US Pulitzer Prize winner Elizabeth Strout are among contenders for Britain's prestigious Booker Prize for fiction. Read More »

inside channel 24

There are new stories on the homepage. Click here to see them.