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Munch's "The Scream' to sell in NY

Munch's "The Scream' to sell in NY

February 22nd, 2012 in News
"The Scream" by Norwegian painter Edvard Munch, which dates from 1895 and is one of four versions of the composition, will lead Sotheby's Impressionist & Modern Art Evening Sale on May 2 in New York.

NEW YORK (AP) - One of four versions of Edvard Munch's masterpiece "The Scream" will be sold this spring in New York, Sotheby's auction house announced Tuesday.

Sotheby's estimates the work, which has become a modern icon of human anxiety, will sell for $80 million or more.

The 1895 drawing of a man holding his head and screaming under a streaked, blood-red sky is being sold by Norwegian businessman Petter Olsen, whose father was a friend and patron of Munch's. It is the only version of "The Scream" still in private hands.

"I have lived with this work all my life, and its power and energy have only increased with time," Olsen said. "Now, however, I feel the moment has come to offer the rest of the world a chance to own and appreciate this remarkable work, which is the only version of "The Scream' not in the collection of a Norwegian museum."

The work will lead Sotheby's Impressionist and modern sale on May 2. Olsen said proceeds will go toward the establishment of a new museum, art center and hotel in Hvitsten, Norway, where Olsen's father and Munch were neighbors.

Sotheby's said in a news release that this 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.