A Rotorua family's cherished painting — snapped up for a pound in the 1950s — has been donated to the Auckland War Memorial Museum.
Oscar Grant, 95, donated his 1915 Gallipoli painting by Sapper Moore-Jones to the museum. The painting shows the hills at Gallipoli in World War I and features a lone soldier.
It was bought by his mother in the 1950s at an auction, where she paid a pound for it, he said.
The family thinks it is now probably worth about $200,000.
At the official presentation, Mr Grant said the auctioneer had tried hard to obtain more bids but was unable to, saying, "All right, I am going to knock it down to this lady for one pound, and you will all be sorry, because this painter will be famous one day".