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Starting an art collection

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Starting an art collection

By
Helen Racanelli

From what to know to where to look, learn how to find the perfect piece of art.

Looking for art? Don't know where to start? Peter Gregory, president of Boundless Gallery, a popular website where you can buy artwork online, gives us the scoop on how to start an art collection.
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Q: What do you think is the foundation to buying art?
A:
You have to decide why you're collecting. Personally, I believe I should buy things I like and make me feel good. I don't believe I will ever sell them.

Q: How do you decide on a budget?
A:
It really depends on what your means are. If you're making a million dollars it's going to be higher than the rest of us! However, one thing that we're finding is that there is good art at every price range.

Q: How does pricing work? What's inexpensive?
A:
Drawings are a lot cheaper than paintings. Furniture and sculpture is more expensive than paintings. And if you invest in and collect pottery, it's just plain cheaper than any other media.

Q: Is art a good investment?
A:
That's the dream that we all have. We think we'll see an artist who'll go on to be famous. And we're going to buy and it'll be worth lots, and the grandkids will have it.

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