Fred Williams (1927-1982) You Yangs c1962 (lot 6) was the most expensive painting to go under the hammer and Deutscher and Hackett’s timed online modern and contemporary art auction in Melbourne on February 15 – realising its upper catalogue estimate of $45,000 ($56,250 including buyer’s premium) – as 27 of the 36 works listed sold on the day.
Surprisingly, famous street artist Banksy’s work Gangsta Rat 2004 (lot 25) did not achieve the $40,000-$60,...