- April 26, 2012, 6:23 p.m. ET
Selling
'The Scream'
One of the best-known images in modern art
comes up for auction for the first time ever next week, with an $80
million estimate. Putting a price on angst.
The figure at the center of Edvard Munch's "The Scream" has gone by
many names: a fetus, a worm, a tadpole, a skull. It has been dubbed "the
portrait of a soul" and "the face that launched 1,000 therapists."
One of the best-known images in modern art
comes up for auction for the first time ever next week, with an $80
million estimate. Ellen Gamerman has details on Lunch Break. Photo:
Getty Images.
Now, for the first time in history it is something else: an auction celebrity.
"The Scream" will be on the block at Sotheby's on May 2, the
highlight of the Impressionist and modern evening sale in New York.
Sotheby's experts anticipate the work will fetch more than $80 million,
the highest presale figure the auction house has ever set.
The androgynous wraith grasping its cheeks in dread along an Oslo
fiord, created by the Norwegian artist in 1895, is an unpredictable
trophy with little precedent, famous as much for the pop-culture
spinoffs and parodies it has generated as it is for its artistry. One of
four versions of "The Scream" that Munch created, this is the only one
not in an Oslo museum and the first to ever come up at auction.
Sotheby's is betting big on the work: The auction house could either
take credit for selling one of the most expensive artworks ever at
auction, or risk embarrassment if its expectations prove too high.
In a rare move, Sotheby's sent the work to private homes in Asia,
North America and Europe so key clients could test whether the haunting
image clashed with the rest of their art collections. The piece has been
removed from its frame for certain serious contenders who wanted to
stare at the icon nose-to-nose. The picture recently flew to Hong Kong
for 48 hours so a top collector could inspect it in person in a private
room at Sotheby's offices.
Potential buyers include European executives, Asian big-spenders and
Middle Eastern sheiks. Among the names most often mentioned: the royal
family in Qatar, which is building a museum empire and reportedly
purchased Paul Cézanne's "The Card Players" for at least $250 million
not long ago. Simon Shaw, head of Sotheby's Impressionist and modern art
department in New York, noted fascination with the work in Japan, where
"The Scream" is a particularly resonant image, possibly because Munch
was influenced by Japanese prints.
The Many Faces of Munch's "The Scream"
The Simpsons TM and 2012 Twentieth Century Fox Film Corporation. All Rights Reserved.
"The Scream" has inspired many pop-culture mash-ups. Here, Homer Simpson swirls with existential dread.
Sotheby's expert Philip Hook estimates a pool
of about 10 collectors. His personal theory: Collectors don't tend to
spend more than 1% of their net worth on an individual artwork. That
leaves "Scream" bidders at people worth $8 billion and up.
Buzz around potential buyers has
included international collectors who have successfully stalked
masterpieces in the past, like Geneva-based billionaire Lily Safra, who
spent $104.3 million for Alberto Giacometti's sculpture, "Walking Man
I," or American cosmetics executive Ronald Lauder, who paid $135 million
in the private acquisition of Gustav Klimt's "Portrait of Adele
Bloch-Bauer I" for his New York museum. Instead of a large pool of Munch
aficionados, art-industry insiders anticipate that a prized work like
"The Scream" would more likely draw interest from collectors with broad
tastes in blockbuster art, a list that includes Russian industrialist
Roman Abramovich and the Greek shipping heir Philip Niarchos.
Representatives for the collectors declined to comment.
This month, more than 7,500 people viewed the piece over five days at
Sotheby's in London. The artwork sat under glass about 7 feet behind
stanchions, watched by security guards. About 350 collectors saw it more
intimately at a reception, though Sotheby's took the cautious step of
confiscating their Champagne before allowing them to approach the work.
When he created 'The Scream,'
Edvard Munch was in a state of despair: He was turning 30, had no money
and was reeling from a disastrous love affair.
Top clients have visited the picture
privately at Sotheby's in New York, sitting in high-backed chairs set a
short distance from the work inside a locked room. "One of the world's
great collectors said, 'I could sell all my pictures, put this on my
wall, put my chair here with a cup of coffee and stare at it for the
rest of my life and be happy,'" says Mr. Shaw.
The picture goes on wider display to Sotheby's clients in New York
starting Friday. The auction house hired a design firm to create a
spot-lit installation for the work in a 10th-floor space, covering up
the skylights and curtains on nearby windows and allowing the picture to
glow as if lighted from within. Though Munch wanted viewers of his work
to act as if in church, reverent with hats in hands, plenty of people
who have seen "The Scream" haven't been able to resist slapping both
cheeks and opening their mouths in a silent "O."
Monaco art dealer David Nahmad says he might bid on "The Scream" if
the action stays around $80 million, though not if it soars higher. It's
a fraught investment, he says, arguing that the name "Munch" is not as
instantly recognizable as others and the resale value is not guaranteed:
"If I have the choice to buy a Picasso or a Munch, I would prefer to
buy a Picasso," he says. "Everybody knows everything about Picasso,
Matisse, Cézanne, Monet. If you go to somebody in South America and say
there's a Munch to buy, he'll say, 'Who's he?'"
The version of the "The Scream" up for sale at Sotheby's is a bright
mix of 12 different colors, with the skeletal character in the
foreground sporting one blue nostril and one brown one. The third in a
series created between 1893 and 1910, the work was created with pastel
on rough board. Some art dealers view the pastel as a mark against the
work, though others say the lines and colors are more electric than even
those found in the painted versions. The picture offers another
standout feature: its frame, inscribed with the original 1892 poem Munch
wrote that is said to have inspired the work. In it, he describes
walking along that fiord, "trembling with anxiety" and sensing "an
infinite scream passing through nature."
Sotheby's Offers Up $75 Million Art Collection, including "The Scream"
Sotheby
Pablo Picasso's 'Femme assise dans un fauteuil,' 1941
On Wednesday, Sotheby's will offer up 17
artworks—including a $20 million-plus Pablo Picasso—from the estate of
leveraged-buyout king Theodore Forstmann.
Ahead of the sale, the auction house printed
limited-edition hardcover books for top clients. It produced two videos
promoting "The Scream" at auction, one shot on New York's Roosevelt
Island to evoke the work's waterside setting, the other a promo with
sped-up images of clouds in a blood-red sky set to a throbbing
synthesizer score.
Munch wouldn't have necessarily minded such a mass-media campaign.
The artist, whose work once was deemed so subversive parents were warned
it could give their children chickenpox, was a master of savvy
marketing. The Norwegian nicknamed "Bizzarro" early in his career was
one of the first artists to charge admission to view his early works. He
made the move in 1892 after the Kaiser gave a speech against his
paintings in Germany. Munch wasn't making money off sales, but at least
he could pocket the entrance fees.
When Munch created the first version of the
"The Scream," the alcoholic and chain-smoking artist was in a state of
despair: He was turning 30, had no money, was reeling from a disastrous
love affair and was terrified that he would succumb to the mental
illness that ran in his family, says Munch scholar Sue Prideaux. The
artist placed his amoeba-like figure at a popular suicide spot on Oslo's
U-shaped bay where passersby could hear screams from a nearby
slaughterhouse and insane asylum, Ms. Prideaux says, adding that Munch's
sister, diagnosed with schizophrenia, was housed in that asylum. One
possible misperception about the work is the scream itself: many art
historians say the character is not howling, but blocking out the sound
of screams around him.
Art historians call "The Scream"
Munch's reaction to Impressionism, which seemed to bore him—he
complained it just showed people knitting or reading—and heralded in an
era of Expressionism in which artists attempted to dissect their own
psychological cores. Before creating "The Scream," Munch had been
reading many of the same books and attending the same Paris hospital
lectures as Sigmund Freud, says Ms. Prideaux. In the years before "The
Scream," Nietzsche had famously philosophized that "God is dead," paving
the way for modern explorations of alienation.
The image quickly caught the attention of the freethinking art crowd
in Europe. To make the most of the excitement, Munch created
black-and-white lithographs so the image could be printed in European
magazines and sold individually. He refused to explain the work, further
fueling public fascination.
Which Is the Best Scream?
Few Americans have seen "The Scream" in
person: The version being sold at Sotheby's was last in the U.S. at
Washington's National Gallery of Art in the early 1990s.
In recent decades, the skeletal figure has been reproduced everywhere
from ice-cube trays to political posters. A symbol of universal angst,
it graced the front of Time magazine's 1961 "Guilt and Anxiety" issue.
In more recent years, it has found new life as an ironic mash-up,
suggested in the "Home Alone" scream and copied in a cartoon of Homer
Simpson as the tortured Nordic soul.
Director Wes Craven says he was first drawn to the howling ghost-face
mask that became the star of his "Scream" movies because it reminded
him of the Munch image, one of his favorite artworks. "It's a classic
reference to just the pure horror of parts of the 20th century, or
perhaps just human existence," he says.
Such global exposure has made the work a target. London bookies have
offered 20/1 odds on this work getting stolen before the auction. Two
other versions of "The Scream" were stolen from Oslo museums. In 1994,
thieves brought a ladder to a window at the National Gallery on the
first day of the Olympics in Lillehammer and took the work, leaving a
note in its place thanking the museum for its lousy security. A decade
later, masked gunmen entered the Munch Museum and nabbed "The Scream"
and another Munch work. (Mars Inc., which used "The Scream" in
advertising for dark-chocolate M&Ms, offered two million M&Ms
for the work's return, though that candy reward has not yet been
delivered per instructions by Norwegian authorities, according to the
company.) Both works were eventually recovered.
Sotheby's has long been laying the groundwork for the Munch market,
engineering eight of the top 10 Munch sales in recent years. "We have
quite consciously and strategically attempted to build his profile and
build a global marketplace," says Mr. Shaw. In 2008, Sotheby's sold
"Vampire," a moody painting of a flame-haired woman kissing a man's
neck, for $38 million, the artist's auction record. It went to an
American after a contest against Russians and others, according to
people familiar with the bidding.
But because so few Munchs have come up for auction, collectors don't
have much of a sales history to rely on, which could hurt bidder
confidence. "Fertility," a Munch pastoral scene that adorned a 2010
Christie's catalog cover, failed to sell at all.
New York art dealer David Nash, who ran Sotheby's international
Impressionist and modern department for many years, says that though he
expects the work to fetch a high price, he's still surprised by the
auction house's "Scream" strategy. "There doesn't seem to be much
justification for such a high estimate," he says. "They'd be better off
to put a more realistic estimate and let the market determine what the
final price is going to be."
Others are more bullish: Skate's Art Market Research, a global art
market analyst, estimates the work will sell between $92.5 million and
$123.4 million, a figure it arrived at in part by looking at sales of
other famous works by artists such as Paul Gauguin and Vincent van Gogh.
The standing record for a piece at auction was set in 2010, when
Picasso's "Nude, Green Leaves, and Bust" fetched $106.5 million at
Christie's. Auction houses keep raising the stakes: This spring,
Christie's and Sotheby's Impressionist, modern and contemporary sales
are sprinkled with works priced to sell for more than $20 million,
estimates rarely ventured a decade ago.
The owner of "The Scream," Petter Olsen, a Norwegian real-estate
developer and shipping heir, is trying to win big with the sale. He
waived a price guarantee—an arrangement often used in the sale of
high-profile items where the auction house assures the seller a minimum
sum in exchange for a larger commission.
Mr. Olsen, who through Sotheby's declined to be interviewed, grew up
with the work in the living room of his childhood home. It belonged to
his father, Thomas Olsen, a patron and neighbor of Munch's in the tiny
Norwegian town of Hvitsten. During World War II, Thomas Olsen hid this
"Scream" and dozens of other Munch works in a remote hay barn to protect
them from the Nazis, who were torching art they declared degenerate.
Over its lifetime, the picture has belonged to just three families.
It was originally owned by a German coffee magnate, who probably
commissioned the work. Mr. Olsen has said he is selling it in order to
fund a museum of Munch's work in Hvitsten to open next year.
In recent years, the international spotlight has shown brightly on
the artist. A Munch exhibit drew more than 486,000 visitors to the
Centre Pompidou in Paris last year and opens at London's Tate Modern in
time for the summer Olympics. Next year marks the 150th anniversary of
Munch's birth, an occasion commemorated by a major joint Norwegian
museum exhibition (the event has its own Twitter feed).
There may be a physiological reason
for the visceral reaction to that figure with its cartoonish skull and
gaping mouth. Harvard neurobiology professor Margaret Livingstone found
in her research on macaque monkeys that neurons in the brain respond to
exaggerated features—huge eyes or tiny noses—more than to common ones.
"That's why I think a caricature of an emotion works so well," she says.
"It's what our nerve cells are tuned to."
Munch enthusiasts see a simpler explanation for the picture's grip:
"A scream is a very human thing," says Karen Nikgol, a co-founder of the
Oslo contemporary art space NoPlace. "The inner sorrow or the inner
anguish and inner pain, that's timeless."
Write to Ellen Gamerman at
ellen.gamerman@wsj.com
A version of this article appeared April 27,
2012, on page D1 in some U.S. editions of The Wall Street Journal, with
the headline: Selling 'The Scream'.