Munch’s ‘Scream’ May Fetch $80M at Sotheby’s

21 February '12 by the editors | Source: www.bloomberg.com

One of the best-known images in the history of art, Edvard Munch’s “The Scream,” is being sold at a New York auction in May.

The 1895 work by the Norwegian artist, one of four versions of the screaming figure, will be included in Sotheby’s May 2 sale of Impressionist and modern works. It carries a value of at least $80 million, the auction house said in an e-mailed release today.

Masterpieces by big-name Impressionist and modern artists have been fetching exceptional prices in recent years. Sotheby’s “Scream” is the only one left in private hands. It is being offered by the Norwegian businessman Petter Olsen, whose father Thomas was a friend and patron of the artist. The pastel-on- board composition has been in the Olsen family for more than 70 years. The primary version of the work, in tempera and crayon on board and dating from 1893, is in the National Gallery of Norway.

“I have lived with this work all my life, and its power and energy have only increased with time,” Olsen said in an e-mailed statement. “Now however, I feel the moment has come to offer the rest of the world a chance to own and appreciate this remarkable work.” Munch Museum

Proceeds from the sale will go toward the establishment of a new museum, art center and hotel on Olsen’s farm, Ramme Gaard at Hvitsten, Norway. It will open next year in connection with the Munch 150th anniversary, and will be dedicated to the artist’s work and time there.

The primary version of “The Scream” was stolen from the National Gallery in 1994 and recovered several months later. Another was taken from the Munch Museum in Norway in 2004 and recovered after two years.

The image, evoking a moment when the artist was seized with anxiety while walking along a road near Oslo, was to be the central element in his “Frieze of Life” series.

Of the variants, this Sotheby’s (BID) version is closest in composition to the one in Norway’s National Gallery. The pre- auction view in New York will be the first time it has been exhibited in the U.S. for decades, said Sotheby’s. It is also notable for having a hand-painted inscription by Munch on the frame, explaining the genesis of the work.


Read entire article...


More news

Antonio Banderas will play legendary artist Pablo Picasso for the upcoming film 33 dias (33 days).
21 February '12
www.justjared.com


“The Simpsons” has a long respected history of celebrity guest-spots, having turned everyone from Elizabeth Taylor to Julian Assange into yellow-skinone where Homer becomes a celebrated outsider artist after building a shoddy barbecue pit in his backyard) featured Jasper Johns as himself.
20 February '12
blogs.artinfo.com


Some of the world’s most sought-after examples of rare Dutch Delftware will be on sale at The 25th Annual European Fine Art Fair, TEFAF in Maastricht March 16 - 25.
20 February '12
www.artdaily.org


Greek Culture Minister Pavlos Yeroulanos offered to resign after the museum of ancient Olympia, birthplace of the Olympic Games, was robbed, the second major art heist this year.
20 February '12
www.bloomberg.com


In February 2012 Tate Britain will stage the first exhibition to explore Pablo Picasso’s lifelong connections with Britain.
15 February '12
www.artdaily.org


Viewing an art exhibition on the big screen of a movie theater is not my idea of an optimal art experience.
15 February '12
www.nytimes.com


On a chilly February morning, an 82- year-old Japanese woman is wheeled into the Tate Modern gallery in London, wearing a fringed red wig and a polka-dot dress matching the balloons hanging all around.
15 February '12
www.bloomberg.com


A Francis Bacon portrait of a naked model sprawled on a bed and a Gerhard Richter abstract last night boosted a 80.6 million pound ($126.5 million) auction as contemporary artworks drew multiple bids.
15 February '12
www.bloomberg.com


Thirty years ago, artist Jean-Michel Basquiat secretly signed one of his paintings in invisible ink, says Sotheby’s auction house, which discovered the hidden autograph as it was preparing the painting for sale.
15 February '12
www.washingtonpost.com


From 15 to 19 February, the Netherlands is the guest country for the international contemporary art fair ARCOmadrid 2012.
15 February '12
www.artdaily.org


Over 400 stolen artworks by celebrated 20th-century expressionist painter Karel Appel discovered by storage firm.
15 February '12
www.guardian.co.uk


VIP 2.0, the second edition of the VIP Art Fair, has confirmed its status as the leading online platform for contemporary art as 160,000 visits were made over seven days from 155 countries, viewing 1.5 million pages.
12 February '12
www.artdaily.org


Well the score ended up being even. One to the crooks, one to us!
12 February '12
www.artserieshotels.com.au


Today the winners of the prestigious 55th annual World Press Photo competition were announced in Amsterdam, and Samuel Aranda from Spain received the prize for World Press Photo of the Year 2011.
10 February '12
lightbox.time.com


Yayoi Kusama’s (b.1929) pioneering work spans over six decades and this exhibition highlights the artist’s moments of most intense innovation.
09 February '12
www.artdaily.org


There is a vast amount of flesh — clear and smooth or wrinkled and mottled — on display in the latest show at Britain's National Portrait Gallery, a retrospective of the work of Lucian Freud.
09 February '12
www.artdaily.org


Before entering the American International Fine Art Fair, a Palm Beach show known for its vast array of blue-chip antiques, one might have various assumptions about the age of its attendees — probably pretty high — and the fair's cool factor — probably pretty low.
08 February '12
artinfo.com


The online-only VIP Art Fair, running February 3 through 8, has so far enjoyed a technologically improved, buzzy second edition.
08 February '12
artinfo.com


Featured dealer
Follow ArtListings
Search dealers
Fill in name


New on ArtListings
Art & Antiques Fairs
Museum exhibitions
Videos
Follow ArtListings