%22The+Scream%22+sells+for+record+sum
Thursday, 03 May 2012 - 8:09
"The Scream" sells for record sum
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Edvard Munch's masterpiece The Scream has sold at auction for $120m, making it one of the most valuable works of art ever sold.

The 1895 pastel was sold at Sotheby's in New York City.

Bidding began at some $50 million, and lasted for about 15 minutes.

The work is one of four in a series by the Norwegian expressionist artist and was the only one still owned privately.

Proceeds of the sale are to go towards the foundation of a new museum, hotel and art centre in Norway.

It is reported that seven bidders were competing for the work, which was finally sold to an unnamed buyer via telephone.

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