Art collection is definitely going to be researched; it’s the fastest appreciating investment in Australia.
Collecting would be one expensive hobby / investment. The purchase price plus 20% buyer’s fee plus 10% GST.
I would only ever buy at auctions Robert Dickerson's in gallery's in Paddington are selling in excess of $19,000 and Lin Onus over and above $400,000
My favourites of the night:
Robert Dickerson - Sold $9,000
Woman in Blue
pastel on paper
75.0 x 54.5 cm
signed lower right: DICKERSON
Jeffrey Smart - Sold $65,000
Second Study for The Dome 1977
oil on canvas
31.5 x 35.5 cm
signed lower right: JEFFREY SMART
Lin Onus - Sold $230,000
Water Lillies and Evening Reflections, Dingo Springs
synthetic polymer paint on canvas
182.5 x 244.0 cm
signed lower left: Lin Onus
Bill Henson - Sold $19,000
Untitled 1998/99 1998-99
type C photograph
103.5 x 154.0 cm
edition: 2/8
inscribed, numbered, titled and signed below image

Stupid quote for the night: Overheard the lady siting behind me
"They don't give you much time to think purchasing each piece"
IDIOT! There were 300 art works going for sale and wouldn't one think if they were going to be a buyer on the night they would know which piece they were going to buy and set the budget already? IDIOT!
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