Art Buzz: Munch's The Scream to be Auctioned in New York

Heads up, art fans! The Huffington Post and other sources reporting that one of four versions of Edvard Munch's masterpiece The Scream will be sold this spring in New York at Sotheby's auction house.

The 1895 drawing is being sold by Norwegian businessman Petter Olsen, whose father was a friend and patron of Munch's. It is the only version of "The Scream" still in private hands.

The work will lead Sotheby's Impressionist and modern sale on May 2. Olsen said proceeds will go toward the establishment of a new museum, art center and hotel in Hvitsten, Norway, where Olsen's father and Munch were neighbors. Sotheby's estimates that the work will sell for $80 million or more.

The work will be on view at Sotheby's in London starting April 13 and then in New York starting April 27.