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The Scream sells for record $119.9m
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[quote:Anonymous Coward 15379292:MV8xODU2MjQ5XzMwOTQ5MjIwXzRGQjIxRjYw] Being an Auctioneer myself, I'll let you in on a sorta well kept secret on these high-end items..... most don't sell and by that I mean: Item "X" sells for 119.9 million to a phone bidder...but several weeks go buy and no bank transfer, cashiers check, or cash for that matter shows up for the actual purchase...(buyer backs out, big problem now with Asian bidders/buyers) you watch this painting will be back up for sale in 9mo's too a year. [/quote]
Original Message
The only privately owned version of Edvard Munch's The Scream - one of the most recognisable paintings in history - has set a new world record, selling for $US119.9 million at Sotheby's in New York.
Heated competition between seven bidders took the price tag to the highest for a work of art at auction in just 12 minutes.
The packed sales room erupted into applause and cheering when the hammer went down.
An unnamed telephone bidder gave the final offer of $119,922,500, including commission...
[
link to www.abc.net.au
]
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