The newly discovered classical painting by infamous outlaw Ned Kelly is expected to raise $ 650,000 at auction
- The original Sidney Nolan was rediscovered in a foreign collection
- The painting is one of three well-known works of a similar style from 1969
- Another Nolan with Ned Kelly was sold for a record amount of $ 5.4 million in 2010
An iconic 50-year-old painting by Ned Kelly goes under the hammer and can raise up to $ 650,000.
The original Sidney Nolan, Kelly in Landscape, was rediscovered in a foreign collection and is being repatriated to Australia on August 27 for the auction, reported Financial Overview.
The painting has not been on public display for 47 years and is one of three well-known works with a similar style dating from 1969.
According to auction house Sotheby & # 39; s it is still in the original frame and has never been reproduced.
An iconic 50-year-old Sidney Nolan painting by Ned Kelly, Kelly in Landscape (photo), will go under the hammer for an estimated $ 650,000
The sale comes after the auction house Bonham & Australia sent 120 Nolan works under the hammer in June, including 30 Ned Kelly works on paper from the 50s and 60s (photo of Ned Kelly pictured above)
Sotheby & # 39; s estimated that the painting could sell for $ 450,000 to $ 650,000, but other experts suggested it could raise considerably more than that.
Another Nolan with Ned Kelly, First class sniper, was sold for $ 5.4 million in 2010 – the highest price for every painting at an auction in Australia.
Sotheby & # 39; s told Daily Mail Australia Sidney Nolan's work is so valuable because he is one of Australia & # 39; s most internationally recognized artists.
& # 39; The Ned Kelly series in particular is so popular because it contains one of our most famous and notorious historical figures at home in the Australian landscape, & # 39 ;, said the spokesperson.
The works came from the estate of the widow of the artist Lady Mary Nolan (pictured above Sidney and Mary Nolan) after her death in 2016
Most of the works in the auction are said to be under $ 50,000, but bargain hunters are expected to show up with a keen interest in Nolan originals, along with other paintings by Norman Lindsay, James Gleeson and Arthur Boyd.
The sale comes after the auction house Bonham & Australia sent 120 Nolan works under the hammer in June, including 30 Ned Kelly photos on paper from the 1950s and 60s, the peak of the artist's international fame .
The works came from the estate of the widow of the artist Lady Mary Nolan after her death in 2016.
The Nolan Estate art advisor, Mark Fraser, said it would be the largest selection of Nolan's iconic Ned Kelly photos.
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