A highly-regarded Colin McCahon work could fetch a record-setting price when it goes under the hammer for the first time in almost half a century.
The Canoe Tainui is among 215 works on the block next month when much of the private collection of late Wellington couple Tim and Sherrah Francis is auctioned. The couple were avid collectors of New Zealand art for 60 years before their deaths this year. Their collection includes work by several celebrated Kiwi artists, including Toss Woollaston, Gordon Walters, Bill Hammond and Rita Angus.
The auction will take place on September 7 and 8 at Art+Object in Newton, with other pieces up for auction including Walters' koru works, a Woollaston portrait of Charles Brash and Angus' Tree Cutting, Hawke's Bay.
Art+Object auctioneer Ben Plumbly said The Canoe Tainui was one of the most major of the late artist's works still in private ownership. Most others were already in public collections.
"I don't think there's been a McCahon on the market like this for a long time ... it's such an important taonga."