Painting sells for $119,900,000

[smitch124]

"Scream" by Edvard Munch



I remember that Bread used this painting to illustrate one of his articles on SBR.

I'm sure that is one of the main reasons for its amazingly high value

[Johnnythunder]

Amazing....great painting and the artist did a lot of fascinating stuff but its crazy how these prices keep rising.

[mynameismud]

whats crazy to me is that someone can afford to blow 120mil on one piece of art. expensive fukken hobby.

[dxunchuk]

whats crazy to me is that someone can afford to blow 120mil on one piece of art. expensive fukken hobby.

agree, crazy prices , just imagine how much you can do with this money :-O

[Dutch]

I've been going around thinking Scream was one of the paintings that got robbed from a museum a few years ago. Guess not.

[Dutch]

just imagine how much you can do with this money :-O

You could buy two $60m dollar paintings.

[DOMINATER]

most painters die without seeing shit.

[mynameismud]

most painters die without seeing shit.

very true. almost every artist is worth so much more money dead than alive.

[a4u2fear]

i wouldn't buy it for 10$

[v1y]

if only there was an image to represent the emotion i feel when i hear someone pays such a retarded amount of money for some ink on paper.

[Jimmy Proffett]

I'm gonna make that image full page size, print 2 of 'em out, and make $240 million dollars.

[MagicDiceFlow]

The reason for the value is due to its status symbol for the mega rich , not the quality of the art. It's also an investment to some. Most of the buyers of these art pieces are billionaires or corporations. Once you've obtained that level of wealth, a new Ferrari or nice house aint shit so the next level up is to own rare paintings.

It's a smart investment if you can afford it as almost all of the rare paintings from the masters have skyrocketed (all of Van Goghs/Picasso/Warhol's main masterpieces are valued at well over $100 million each and most of these were purchased for about $50 million or less just a few years ago).

[Pareto]

I've been going around thinking Scream was one of the paintings that got robbed from a museum a few years ago. Guess not.

Edward Munch painted four versions of " The Scream". The version sold was the only version privately owned. Another version was stolen a few years ago, but later recovered.

[Plus573]

whats crazy to me is that someone can afford to blow 120mil on one piece of art. expensive fukken hobby.

More than a hobby, it's an investment. Unlike stocks or other types of investments, it is highly improbable that you will lose money. I bet this thing is valued at 150 million in 10 years.

[smitch124]

This is no painting to hang in the living room, $120 mil to get the creeps 24/7

[MagicDiceFlow]

This is no painting to hang in the living room, $120 mil to get the creeps 24/7

you should check out Francis Bacon's work .....more talented and much creepier imo ....one of his famous works that was estimated at $70 million ended up selling for $86 million at a Sotheby's auction a few years ago:

http://money.cnn.com/galleries/2010/news/1002/gallery.record_art_auctions/5.html

[Jimmy Proffett]

Da Vinci has the most expensive book ever as well as some multi-million dollar paintings.

http://en.wikipedia.org/wiki/Codex_Leicester

[Dutch]

Edward Munch painted four versions of " The Scream". The version sold was the only version privately owned. Another version was stolen a few years ago, but later recovered.

Someone paid $120m for a painting knowing there are 3 other versions out there? He needs to find a way to ruin the other 3.

[Lookingtostart]

The guy bought it so it's his right? What if just because, he decided to destroy it? Have it filmed and put it on youtube for the record, leave comments enabled. So worth it.