The Scream sells for $120m

This is the moment Edvard Munch's The Scream fetched a record-breaking $119.9 million dollars (£74 million) at auction.

Describing the dramatic sale, a Sotheby's spokesman said: "A group of seven bidders jumped into the competition early, but it was a prolonged battle between two highly determined phone bidders that carried the final selling price to its historic level."

Edvard Munch's The Scream has become the most expensive painting ever sold at auction.

It fetched $120m (£74m) including commission at Sotheby's in New York today.

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The only privately-owned version of Edvard Munch's "The Scream" has gone on show in London for the first time before it is sold at auction in New York.

The famous picture is on display at Sotheby's in the capital for a week and is expected to fetch £50.4 million or more at the Impressionist and Modern Art Evening Sale in New York on May 2.