Mr Greenhalgh achieved national fame after being imprisoned in 2007 when his forgeries were found out.
He conned experts of the art world with the help of his father in his shed in Bromley Cross.
Among his forgeries was the infamous ‘Amarna Princess’, which was acquired by Bolton Council for £440,000. A British Museum report authenticated the figure as 3,300 years old.
He was sentenced to four-and-a-half years in prison and during his incarceration he wrote his autobiography, A Forger’s Tale: Confessions of the Bolton Forger, which was published in 2017.
Shaun's work has been previously sold at the Breightmet auction house for thousands of pounds, with it always "in high demand" according to the auction house.
Alan Howcroft, director at the Bolton Auction House, said: "Shaun's pieces always go for a lot of money. He doesn't do these auctions very often and they attract people from all over the world.
"There's always a lot of interest and we're happy to have him work with us.
"His works are just unbelievable, everything he does in top drawer.
"We've had a client from China buy from our auctions when his (Shaun) are for sale.
"Not only are they great pieces of art people really buy into the story too."
Alan added that they are hopeful that they will be able to have the auction in person and have as many people as possible if lockdown restrictions are eased.
Although they have continued auctions virtually and "by the book" during the coronavirus pandemic which has continued to be successful.
The five works that are to be auctioned are two Lowry paintings, two Dagas and a Matisse painting.
Shaun is said to be working on a feature film with Netflix and other TV shows at the BBC at the moment.
He last appeared in a BBC Four series in 2019 called 'Handmade in Bolton" where he teamed up with an Oxford professor to show how to research and remake a selection of precious objects from the past using traditional materials and methods.