Art Investment

Loud "Scream" in New York: Edvard Munch's painting has earned $ 120 million

After the triumph in yesterday's auction, which brought 330.6 million, a Norwegian was the author of the most expensive works of art in the world
EDVARD
Edvard Munch Creek. 1895
With the result of $ 120 million - the most expensive new work of art in the world, sold at public auction
Source: yesterday at Sotheby's auction work by Edvard Munch (Edvard Munch) «Shout" captured the imagination of the market: it was sold for a record 119,922,500 dollars. Bed in 1895, which, however, all the chorus predicted price of more than 80 million , has become the most expensive piece of art sold at public auction, surpassing the work of the Pablo Picasso (Pablo Picasso)« naked on a background of green leaves and bust ».

Painting - one of the four existing versions of the story and the only one known until yesterday evening in private hands (the other three are in museums in Norway). Yesterday's record-holder is unique and the fact that on a frame made by the artist, written in red paint of his poem: "My friends proceeded further, /And I was left behind, /Trembling with anxiety: /I felt a deafening scream of nature. EM ».

painting after a 12-minute bout went to an unknown buyer, please call. The fight began with the sum of $ 40 million, and quickly move up trading a million dollars. For the expressionist masterpiece fought with tenacity four buyers, including the dealer from Oslo Friyya Ben (Ben Frija) from the gallery Galleri K, who led the race to the level of 73 million dollars.

Head of Asian Division Sotheby's Patti Wong (Patty Wong) also took part in the battle, but in the end "mass brawl" turned into a duel of two telephone buyers. Auctioneer Tobias Meyer (Tobias Meyer) waited patiently for isolation, and it came at a time when the price reached 107 million dollars. After this decisive bets Meyer cast a searching eye room and asked if there is willing among those present in the room to make a move a horse, but the silence was his answer, and then hammering sounded a landmark that will be remembered for the art market has, presumably, long time. Happy owner of a picture represented in the hall, Charles Moffett (Charles Moffett), Vice President of Sotheby's Impressionist and Modern art.

work was put up for sale Norwegian businessman Petter Olsen (Petter Olsen), the son of friend, neighbor and patron Thomas Olsen Munch (Thomas Olsen), acquired it in 1937. It has not been provided with a guarantee, so the formal auction house owed a whopping fee of $ 12,992,500 dollars. However, it is unclear how many actually get that amount of Sotheby's, because in the practice of selling lots sverhdorogih between the seller and the auction house often there are special agreements. In ordinary cases, the price of the product up to 50 thousand dollars commission is 25 percent, 20 percent at a cost of 50 thousand to a million and 12 percent when the price of one million dollars, when you specify the amount of commission estimeytov not taken into account.

After the auction the former owner told me that for him the meaning of the picture - it's encounter with death, as well as in the context of the present day, a chilling realization that the damage being done to humanity nature.

Profit from the sale of paintings will go in part to create a museum in the city Hvitstene (Norway), where once lived Munch and Thomas Olsen, in the future the museum will house a meeting Petter Olsen, who is also involved in the restoration of the house and studio of Munch.

Result "Scream" has allowed the company to grow revenue evening to 330,568,500 dollars, surpassing expectations with interest, amounting to 246,3-323,4 million. This is the best result for the auction of Impressionist and Modern Sotheby's (formerly the best result was in May 1990 when the company earned 286.2 million), and the second best result for the company in general, which is just up ahead of the auction of contemporary art in May 2008 when, due to purchase of Roman Abramovich, "Triptych," by Francis Bacon (Francis Bacon) for a record 86.2 million, the amount of revenue for the evening totaled 362.3 million dollars.

Price Munch paintings - it is in all respects sverhrekord. Up to yesterday evening's most expensive pastels in the world was the work of Edgar Degas (Edgar Degas) «Resting Dancer" (c. 1879), earned 37 million dollars on the New York Sotheby's auction in November 2008. This record left behind and the previous record Munk, set painting "Vampire" in 1894, which earned 38.1 million dollars at auction at Sotheby's in New York in November 2008 (Gagosian Gallery made by the buyer).

The most amazing thing in this sale that the price of a painting by Munch exceeded all before yesterday revenue Christie's, leaving the company far behind total with 117 million dollars, the proceeds of past auctions of Impressionist and Modern. It is interesting that the rest of Munch (there were five more in the auction, and sold four) have shown themselves in different ways. For example, early work - a scene in the interior of the French spirit of the "woman looking in a mirror" (1892) earned 5,122,500 dollars (estimate 5-7 million).

Although "Cry "of course, was the main star of the evening, and the dealer from Oslo Ground Jens (Jens Faurschou), participated in the 2008 edition of the catalog Raisonné-Munch, even called the most important picture of the product on the market for 25 years of his career, do not forget about the other 75 lots of the auction, among which were quite decent. Only 15 of the 76 lots remained unsold (20 per cent of the lots, and 6 percent in value terms), 44 earned a lot more than a million dollars, five of them exceeded the price level of 10 million.

Another the object of increased interest in the auction were works from the collection of investment tycoon Forstmanna Theodore (Theodore Forstmann). 16 of 17 lots, originating from his collection, brought to the treasury of Sotheby's $ 83 million (as part of the estimate thong 64-96,2 million dollars). The work of Picasso's "Woman in an armchair," 1941, which became a bone of contention for the New York gallery and insurance company , was sold to the buyer, call for 29,202,500 million (estimate 20-30 million), becoming the second-price auction lot, and the work of Miro (Miro) «The human head" in 1931 was sold as call for 14,866,500 dollars (estimate 10-15 mililonov). Another masterpiece from the collection Forstmanna - "A messenger from the" Maxim "," Work Chaim Soutine Chaim (ca. 1925) also went to the unknown, orders over the phone, for 9,378,500 dollars (estimate 10-15 million). Forstmann bought the Soutine's work at Sotheby's auction in New York in 2004 for a record at that time for an artist worth 6.728 million dollars.

There was still some work that has captured the attention of the audience: an early masterpiece by Salvador Dali (Salvador Dali) «necrophiliac Spring" in 1936, inspired by the fashion designer Elsa Schiaparelli great (Elsa Schiaparelli) and formerly belonged to her, brought 16,322,500 dollars (estimate 8-12 million), becoming the third best result of the auction. The last time a bizarre desert landscape with two mysterious figures appeared at auction at Christie's in London in December 1998 and was sold for 4.384 million dollars.

sculpture was also presented at past auctions: gilded bronze figure of Brancusi (Constantine Brancusi) «Prometheus" (cast in the artist's life in 1911 in four copies) earned 12,682,500 dollars (estimate 6-8 million dollars). The last time this work has appeared at auction Christie'sv 1999 and was sold for 1,212,500 dollars.

Past auction promises a hot week of auctions of contemporary art, and all the current art-Marathon last in New York until May 11 and promises to bring about $ 1.5 billion.

In the meantime, in the auction hall of the art reached new financial peaks, the threshold for the office of Sotheby's continued to strike technical employees in the led by union leader Aydom Jason (Jason Ide), which are not allowed on the job for the past nine months due to a announced by the lockout .

Prepared by Mary Estrova, AI

Source : artinvestment.ru


Permanent link to:
https://artinvestment.ru/en/news/auctnews/20120503_sothebys.html
https://artinvestment.ru/news/auctnews/20120503_sothebys.html

When quoting reference to the https://artinvestment.ru without fail

© artinvestment.ru, 2025

Attention! All materials of the site and database of auction results ARTinvestment.RU, including illustrated reference information about the works sold at auctions, are intended for use exclusively for informational, scientific, educational and cultural purposes in accordance with Art. 1274 of the Civil Code. Use for commercial purposes or in violation of the rules established by the Civil Code of the Russian Federation is not allowed. ARTinvestment.RU is not responsible for the content of materials submitted by third parties. In case of violation of the rights of third parties, the site administration reserves the right to remove them from the site and from the database on the basis of an application from an authorized body.

Услуги ARTinvestment

Арт-консалтинг

Индивидуальные консультации от опытных искусствоведов по любым вопросам в сфере искусства

Составление Инвестиционного Портфеля

Подбор предметов искусства для инвестирования под любую инвестиционную стратегию

Индивидуальная оценка

Наши эксперты проведут профессиональную оценку вашего предмета искусства, учитывая его состояние, авторство, историю и другие факторы

500+

Проведенных аукционов

8 800+

Зарегистрированных пользователей на аукционе

343 000+

Записей в базе

16 000+

Художников в базе

This site uses cookies, it can collect data about IP addresses and users. N 152-FZ «On Personal Data» and continue working with this site, you confirm your consent to the processing of personal data in accordance with the law N 152-FZ «On Personal Data» and «The policy of LTD «ArtIn» with regard to the processing of personal data».