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Estimated at A$150,000-250,000 (£60,000-100,000) it is one of more than 600 lots being sold by Christie’s at Schaeffer’s imposing, sandstone home, Rona, which overlooks Sydney Harbour.

Many of the pictures in this two-day sale were acquired from the London trade, including Julian Hartnoll, The Maas Gallery and Peter Nahum.

In addition to future auctions, including a fine collection of late 19th century bronzes to be offered in London in June, Christie’s and the St James’s dealership Nevill Keating Tollemache have formed a unique alliance to sell by private treaty some of the major Victorian paintings from the Schaeffer Collection. One of the heavyweights is JW Waterhouse’s (1849-1917) Ophelia, purchased at Phillips in June 2000 at £1.5m.