Most Expensive Australian Painting - John Brack
After recently mentioning the most expensive British painting
to be sold at auction ($35.8 million US dollars), Australia's most expensive painting that sold recently by John Brack doesn't sound that impressive.
"The Bar" painted in 1954 by John Brack sold last week at Sotheby's auction house in Melbourne for
$3,120,000 Australian dollars (roughly $2.2 million US dollars). The previous high was Frederick McCubbin's $2.2 million AUD painting, "Bush Idyll" that sold in 2002.
The painting sold to a Sydney businessman after 6 keen bidders fought for the work, with 5 of them still bidding past $2.5 million. One of the bidders was the National Gallery of Victoria that had publicly announced its intentions to buy the work. It walked away empty handed though as it only managed to raise $2.8 million for the purchase.
Sotheby's head of Australian art Geoff Cassidy said "It is an outstanding result for a truly outstanding painting and dare I say The Bar has raised the bar for prices in the Australian Art market."