The still life, The Wedgwood Vase by the Scottish Colourist Francis Cadell (1883-1937), chooses as its primary subject a neoclassical white and gilt pedestal vase and cover.
Publicity surrounding the picture’s sale on June 9 prompted the owners of the vase to come forward and consign it to the auction.
The vase is estimated at £300-500 and the painting at £250,000-350,000.
Nick Curnow, vice chairman and paintings specialist at Lyon & Turnbull, told ATG that the vase was likely to have been given to the consigning family by Cadell himself.
The bone china pedestal vase and cover was made in the early 20th century and bears initials in gilt to the body FC. The piece measures 12in (30.5cm) high is raised on a square plinth base and bears an impressed Wedgwood mark to the base.
Curnow hopes that the vase will be bought by the owner of one of the several Cadell pictures that portray it.
The Wood collection was compiled during the 1920s-40s and is now valued at £1m. It includes works by Cadell, SJ Peploe and GL Hunter.
“The sale follows on from the hugely successful Drambuie Collection, sold by Lyon and Turnbull in 2006. The highlights of the collection are undoubtedly several paintings by FCB Cadell, with whom the Wood family had a personal connection,” Curnow added.