The red granite hand weighs almost one and a half tonnes and would once have rested on the knee of a colossal statue of Ramses II, one of Egypt's most celebrated pharaohs.
Ramses II had numerous wives, fathered at least 80 children and commissioned a great many temples and monuments to himself.
His fist measures one and a half metres across, and was found by the Napoleonic expedition at the Temple of Ptah in the ancient city of Memphis, south of Cairo.
"It just makes you kind of gasp at how the ancient Egyptians, with the technology they had in their time, managed to create these incredible sculptures," National Gallery of Victoria senior curator Miranda Wallace told AAP.
The pharaoh's fist is among more than 500 treasures from the British Museum being exhibited in the institution's largest ever international loan.
Most of the pieces will be in Australia for the first time, and very few have ever been on display in London, Dr Wallace said.
The Pharaoh 2024 exhibition covers the First Dynasty (circa 3000 BC) to the Roman period (fourth century AD) and is so big it will take up the entire ground floor of the gallery's St Kilda Road building.
It will include treasures relating to the boy king Tutankhamun, Ramses II and Queen Nefertari, Khufu, the builder of the Great Pyramid of Giza, and foreign leaders such as Alexander the Great.
Ancient Egypt exerts a perennial fascination, according to Dr Wallace, and the show will offer a rare insight into its ancient culture.
"It opens our eyes to an idea of history and the duration of time because it's such a rich history, there's so much that we can discover," she said.
Recent milestones have heightened interest even further, with the 100th anniversary of the discovery of Tutankhamun's tomb in 1922, and the 200th anniversary of the decipherment of hieroglyphs in 1822.
"I just think it's a really wonderful opportunity to immerse ourselves in a bit of Egyptomania," said Dr Wallace.
That may turn out to be a useful term, with Pharaoh 2024 being the latest of three exhibitions of ancient Egyptian artefacts to visit Australia.
There's also Discovering Ancient Egypt on show in Western Australia and touring to the ACT and Queensland, and Ramses & The Gold of the Pharaohs opening in Sydney in November.
Pharaoh has been in the works since 2016, but moving the giant, precious objects has required intense logistics and preparation.
The provenance of every item in the exhibition has been researched in detail and is uncontested, Dr Wallace said, although she acknowledged provenance more broadly is a hot topic for many museums.
There will also be a big display of ancient Egyptian jewellery made from gold, silver and semi-precious stones, and requiring extraordinary craftsmanship.
Also fascinating are the similarities between the people of ancient Egypt and how we live now.
Dr Wallace describes a tiny ivory label that would have been attached to a pharaoh's shoes, showing him towering over his enemies.
It's the sort of propaganda we might associate with more recent world leaders, she said, but evidence of the repetition of images in the service of power has been around for millennia.
Pharaoh is on from June 14 to October 16, 2024 at NGV International.