Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Michael Cash who wrote (456)	11/1/2000 11:09:53 AM
From: michel ciambra	Read Replies (3) of 74559

To be truthfull, the first law in art collecting is to be happy with what you choose to buy. You could end up looking at it for a long time! The second one is rather like real estate..location location location is what they say. ie Top quality art tends to gain more and hold on to its gains easier. %0k is a decent sum for a piece. It would really depend on what kind of art you were interested in. Modern abstracts liek Fernand Leger can be purchased in this price range as can some post impressionists like Henri le Sidanier, Henri Martin. Just dont buy any of the million Mattisse drawings out there. It needs to be a purchase of something rare! I would be more than happy to give you some more tips like how not to get price gouged by doing price research onthe web etc.. you tell me.

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