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Better $120 Million Status Symbol: 'The Scream' or a Yacht?

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Published on May 3, 2012

One of the most iconic works of art in the word, a version of Edvard Munch's "The Scream," sold at a record price of $119.9 million in a much-hyped New York auction Wednesday night. Jeffrey Brown and The Wall Street Journal's Kelly Crow discuss what a 12-minute-long bidding war suggests about the current state of the art market.

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