Edvard Munch piece set to fetch €45m at auction

His best-known work 'The Scream' sold for over €100m in 2012

Edvard Munch piece set to fetch €45m at auction

A Sotheby's security guard poses for photographs by Edvard Munch's painting "Girls on a Bridge" at the auction house's offices in London, Monday April 21, 2008. | Image: Matt Dunham AP/Press Association Images

Sotheby's auction house is expecting to raise over €45 million with the sale of an Edvard Munch painting.

"Girls on the Bridge" will go under the hammer in New York on November 14th.

The Norwegian artist's best-known work 'The Scream' became the most expensive piece of art when it sold for over €100 million in 2012.

That record has been broken four times since, now being held by Pablo Picasso's "Women of Algiers" - worth over €160 million.

Other works in the November evening sale include a large-scale painting by Picasso, "The Painter and His Model," from 1963. The 5-foot-wide painting has descended through the same family since it was acquired in 1968. It carries a presale estimate of $12 million to $18 million.

A 1951 bronze bust by Picasso of his lover and muse Francoise Gilot is also on tap. "Head of a Woman" could fetch $6 million to $8 million.

An early cubist composition by Mexican artist Diego Rivera, "Untitled (Cubist Composition)," from 1916 is estimated to bring $500,000 to $700,000.

The sale also has two abstract works by Laszlo Maholy-Nagy that recently appeared in a retrospective of his work at the Guggenheim Museum in New York. The 1923 work, "EM 1 Telephonbild," has a presale estimate of $3 million to $4 million.