Sotheby’s auction house will offer for sale the only privately owned version of Edvard Munch’s iconic “The Scream” at an auction in New York on May 2. The auction of one of world’s most recognizable paintings is expected to net more than $80 million. There are only four versions of “The Scream”. The one for auction is a pastel version, which dates back to 1895. It is currently owned by Norwegian businessman Petter Olsen, whose father was a friend and patron of Munch.
Olsen said proceeds from the sale would go towards building a new museum, art center and hotel at his farm in Norway.
Alex has written for Vanity Fair, Barrons, Bloomberg and Condé Nast Traveler.