A painting by one of New Zealand's most renowned living artists, Ralph Hotere, has fetched $183,000 at auction.
The painting, Vive Aramoana, was part of a collection of 13 works which had adorned the walls of Carey's Bay Hotel in Dunedin to go under the hammer at the International Art Centre in Auckland's Parnell tonight.
The paintings were installed in the hotel between 2001 and 2005 after a $1.6m refurbishment by its owners former National Business Review publisher Barry Colman and his late wife Cushla Martini.
Mr Colman allowed the collection to stay at the hotel on loan after selling the business in 2008.
They were finally removed in August 2009 and installed in the new National Business Review offices in Auckland.