Monday, April 30, 2012
Ellen Gamerman, The Wall Street Journal
Submitted by: T.Hawkins

Original Scream Poised To Set Record Sale

The only version of Edvard Munch's "The Scream" held in private hands is going on the auction block at Sotheby's. Opening bids will start at $80 million - the highest presale figure ever set for any item.

Edvard Munch painted four versions of "The Scream" bewtween 1893 and 1910. Three of the four are housed in museums in Oslo, Norway. The fourth (third in the series) has been in private hands since it was commissioned by a German coffee magnate. It has since passed through the collections of two other families, was stored in a barn to hide it from the Nazi's, and is the only "Scream" to ever come up for auction. 

It should be housed in a public museum in Germany in order to maintain its lineage. 

But alas, this version of "The Scream" will be the version that becomes nothing more than a means for a billionaire to prove that he has the biggest penis. According to Sotheby's, there are only 10 collectors in the entire world with riches enough to afford this painting. That leaves a kiddie-pool of bidders who are worth at least $8 billion each.

The highest price ever paid for a work of art was Paul Cézanne's "The Card Players" which was purchased for $250 million by the royal family in Qatar. "The Scream" is expected to shatter that sale price.

This is how the world's richest people creat jobs. They spend absurd amounts of money on artwork, then hire low-wage workers to collect your admission fees. 

A dollar to a donut not one of the "collectors" know how Krakatoa fits into the story. 

Posted by Editor on 04/30/12 at 10:27 AM •  (0) Comments

Tags:  wealth, art, art world, munch,

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