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SID NOLAN AUCTION RECORD
SID NOLAN AUCTION RECORD – The announcement of the pre-auction sale of Sidney Nolan painting Ned Kelly-Outlaw 1995 for $1.475 million set a new auction record for any work by Sidney Nolan and created a flurry of media activity. Mossgreen was instructed to sell the work by Lady Renouf, who was thrilled with the results and after the result announced that she would donate some of the proceeds to The St Vincent’s Institute to fund the purchase of a sophisticated protein identification machine from the US that enhances knowledge about diseases such as Alzheimer’s and Parkinson’s.
“I am not a corporation, and I am not a charitable fund” she told the Australian, “but I think if I do something like this, it may prompt other people to consider giving to a cause they believe in.”
She was delighted that the painting was sold to local private collectors-Iris Lustig-Moar and Max Moar through art dealer Brian Kino – allowing the Nolan to remain in Australia.
Lady Renouf intends to re-invest in the art market, and her first acquisition since the sale of the Nolan was a stunning flower piece by rising star John Cerlienco from his Macroflora series.
John Cerlienco is represented by Mossgreen Gallery and has a wonderful show in the pipeline for October at the gallery.
Also from Lady Renouf’s collection is Sidney Nolan’s Painting – Portrait of Arthur Boyd at Fitzroy Falls – which is to be offered by private treaty sale through Mossgreen Gallery later this year.