NATURE

Collectors of photography increasingly follow the pattern found in other fields, namely, concentrating on one area or one school. The rising prices for rare prints make broad-based collections of first-quality images harder to afford.

If you are interested in photography purely as an investment, vintage images and works by well-established artists will be a primary focus. But if potential financial rewards aren't of paramount importance, the work of young artists should be sought, although steady nerves and a strong conviction of one's aesthetic judgment are needed. The rewards, in time, could be a pace-setting collection that grows in value and esteem.

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