Auction record predicted for "Scream" painting

The betting company Ladbrokes believe it's likely that Edvard Munch's Scream is auctioned off for way more than asking price, and that the painting could possibly set a new auction record.

A version of Munch's painting Scream, owned by shipping magnate Peter Olsen, will be auctioned off at Sotheby's in New York on Wednesday. A pre-screening of the painting for special audience and potential buyers started on Friday.

The rumors are now circulating in the art community about a sales record. The asking price has been set to approximately NOK 460 million, but most experts estimate that the piece will sell for much more.

The British betting company Ladbrokes has estimated a final sale price of between USD 150 and USD 200, which would break the current record of USD 106,5 from 2010 when Christies sold a painting by Picasso.

The betting company has also estimated where the buyer is most likely to originate from. Russia is number one, followed by Asia, Europe and the U.S.

"I will not be surprised if the price exceeds USD 100 million, says Thomas Berntsen, manager at the art shop Kaare Berntsen in Oslo. Scream is absolutely unique, both in regards to its historic significance, and because it is an icon as well known as Mona Lisa," he explains to Aftenposten.

(Aftenposten)

Julie Ryland

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