The Latest: Edvard Munch painting fetches $54M at NYC sale

The Latest on Sotheby's auction of impressionist and modern art (all times local):

8:15 p.m.

A painting by Norwegian artist Edvard Munch (AYD'-vart moongk) fetched over $54 million at an auction in New York City.

"Girls on the Bridge" was sold on Monday at Sotheby's auction of impressionist and modern art in Manhattan. The 1902 painting depicts a cluster of girls huddled on the bridge of a country village.

It sold in 1996 for $7.7 million and again in 2008 for $30.8 million, each time setting a record for the artist.

In 2012, Munch's work "The Scream" sold for $119.9 million at Sotheby's. It became the most expensive artwork ever sold at auction, a record that has been broken four times since.

Pablo Picasso's "Women of Algiers (Version O)" now holds that distinction. It sold last year for $179.4 million.

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11:45 a.m.

A painting by Norwegian artist Edvard Munch is expected to sell for more than $50 million at Sotheby's auction of impressionist and modern art.

Munch painted "Girls on the Bridge" in 1902. It depicts a cluster of girls huddled on the bridge of a country village. The auction is scheduled for Monday evening in New York City.

The painting sold in 1996 for $7.7 million and again in 2008 for $30.8 million, each time setting a record for the artist.

In 2012, Munch's work "The Scream" sold for $119.9 million at Sotheby's. It became the most expensive artwork ever sold at auction, a record that has been broken four times since.

Pablo Picasso's "Women of Algiers (Version O)" now holds that distinction. It sold last year for $179.4 million.