The Art Gallery of New South Wales has been revealed as the purchaser of Australia's most expensive painting sold at auction, Sidney Nolan'sFirst Class Marksman. The painting was knocked down to a telephone bidder on Thursday night - 25th March - at the Menzies Art Brands auction for a hammer price of Aus$4.5 million ($5.4 million including buyer's premium) against an estimate of $3 - 5 million.
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AGNSW revealed as buyer of Australia's most expensive painting
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