Two of the year’s most anticipated sales begin in Melbourne next week as the National Australia Bank’s art collection goes under the hammer in the first of a series of auctions that will disperse more than 2000 artworks worth around $10 million.
The back-to-back sales, at Deutscher and Hackett on Tuesday and Leonard Joel on Wednesday, mark the first time in seventeen years that such a significant corporate art collection has come up for grabs – not since beer maker Foster’s sold 70 works worth $13.3 million in 2005.