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‘Someone did a Ned Kelly on us’: Highway robbery at art sale

The Australian Financial Review (AFR) •
October 21, 2026 • 03:31 AM
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It was the biggest single-owner art auction in Australia in years, but hopes of $10 million in sales foundered as buyers walked away with ‘bargains’.

‘Someone did a Ned Kelly on us’: Highway robbery at art sale

“There was a lot of talk on the tom toms, a lot of interest and excitement about this auction,” says Deutscher and Hackett director Damian Hackett, “but then, on the night … it felt different.”

It’s hard to be too downhearted when an auction of 28 works of art sells 96 per cent by value and 93 per cent by volume, with buyers dropping more than $8.5 million in the process. But when the works in that sale had been hailed as the most significant private collection to come to market in Australia for years – and work-for-work probably the strongest – it starts to make sense.

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