The Australian | Imogen Reid
A 1960 painting by one of Australia’s most treasured artists is estimated to sell for up to $650,000 in a coveted auction where some of the nation’s rarest artworks will be placed under the hammer. Bids for John Olsen’s People Who Live in Victoria Street, a painting of “decorative chaos” featured in Smith & Singer’s Important Australian & International Art exhibition, are expected to start at $450,000. Spanning more than a century, the pieces will form an event comprising examples of the nation’s most renowned collections. Open for viewings in Sydney on Wednesday, it will be a precursor to the auction in the city’s eastern suburbs on November 18.