A painting by one of the country's leading abstract artists will be auctioned for the first time next month at an expected value of between $25,000 to $35,000.
Budding Landscape by Gretchen Albrecht will go under the hammer at Webb's auction house in Auckland more than 40 years after it was painted by the now 72-year-old artist. The acrylic on canvas work was part of Albrecht's personal collection when it was bought from her by the current owners in 1980.
After 36 years in their family, the owners have now decided to sell the painting.
After moving and living in China for about 17 years, they returned to New Zealand to find their newly built modern house does not have adequate wall space or a high enough stud.
The artwork is almost 2m high and was painted in 1972.