Bonhams Australia have announced the sale of 90 important works from the collection of renowned Australian television producer Reg Grundy AC OBE estimated to be worth between $15.5 million to $20.8 million, making it potentially the most valuable single-owner auction to be offered in Australia.
Best known as a pioneer of Australian television who was responsible for hit shows such as “Neighbours,” “Prisoner,” and “Sale of the Century,” Mr Grundy and his wife, Joy Chambers-Grundy, are also avid collectors of Australian art.
The Grundy Collection features major works by some of Australia’s most desirable artists including Arthur Boyd, Sidney Nolan, John Brack, Eugene Von Guerard, Ian Fairweather, Rosalie Gascoigne, and Tom Roberts.
According to Joy Chambers-Grudy, “Reg and I have collected fine art in various forms for more than 30 years. With the Australian collection our emphasis has been on striking images by major artists. In this way we've been able to showcase the acme of Australian art on our walls overseas
“We now have too many paintings, many more than we can ever hang. We hate storing them, they should be seen, appreciated and enjoyed, so we've decided to rationalise part of the collection to allow many exceptional paintings to find new owners.”
Highlights of the sale include Arthur Boyd’s epic painting “The Mourners, 1945,” estimated to fetch $900,000 to $1.2 million; “The Jockey and his Wife, 1953” by John Brack, estimated to be worth $600,000 to $800,000; Eugene Von Guerard’s “The Farm of Mr Perry on the Yarra, 1855” estimated to bring $900,000 to $1.2 million; and “You Yangs Landscape 1, 1963” by Fred Williams, worth an estimated $1.5 million to $2 million.
The sale will take place on Wednesday, 26 June 2013, at the Overseas Passenger Terminal, Circular Quay, Sydney. Previews will be held in London, Brisbane, Perth, and Melbourne ahead of the Sydney preview and auction.