Before the advent of the Felton Bequest in 1904, acquisitions for the NGV were limited in funds and narrow in scope. The Commission on the Fine Arts was established in 1864 comprising only male Parliamentarians, Public Servants, academics, one journalist and the sculptor Charles Summers, to acquire works for the new Gallery. Allocated £1000 by the Government, they duly instructed the President of the RA and Director of the National Gallery, London, Sir Charles Eastlake to purchase suitable "original works of art by modern artists”. Eastlake occasionally advised the purchase of works straight off the walls of the Royal Academy's exhibition as exemplars of "good taste" in contemporary art. Mogford's Watergate Bay was one such work and was among the first paintings acquired by the Commission.
Exhibited: Royal Academy, London, 1864, no. 99; Opening of the New Picture Gallery, State Library of Victoria, Melbourne, December 1864; Fine Arts Gallery (Compartment 10), Intercolonial Exhibition, Melbourne, 1866, no. 309; First Loan Exhibition of Works of Art, NGV, Melbourne, 1869, no. 508; Art Exhibition, Mechanic’s Institute, Geelong, November 1892, no. 87; The Sea and Shore, National Gallery of Victoria travelling exhibition, 1965, no. 21.