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Loblaws Online auctions can be a fun and convenient way to shop for art. The dangers here are probably no more extreme than anywhere else, though you might think otherwise. People worry about the honesty of online dealers, fake bids (e.g. bids made by the seller using alternate IDs or by friends to jack up the price), but the same thing happens at live auctions. The rule is, be careful if you are spending any significant (to you) amount of money. This means, but is certainly not limited to, checking out the seller's feedback rating. Read any negative comments. Also, be sure to read the item's description very carefully. Some sellers are very skilled at misleading potential buyers without telling any outright lies. For example, some dealers sell antique *style* paintings in period frames (or period style frames). They may describe the painting, for example, as an English fox hunt scene, or a portrait of an 18th Century lady or gentleman. This does not mean that the painting itself comes from these periods. It could have been painted last month! Be sure to check the guarantee or refund policy of sellers. I've observed that most sellers who use the kind of tactics I've just described are also very explicit about offering no guarantees or refunds. Incidentally, most live auctions have similar stipulations if you read the find print when you buy something. Once again, caveat emptor! how to buy an lcd tv

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Pyramid buliders I am certainly not trying to frighten potential investors in the art market, only point out some common tricks of the trade. If you are new to the field, start off small. Find an area that intrigues you and make small purchases. Do research in your specialty, or general area of interest. Read books and magazines that pertain to it. After making these relatively small purchases, see how quickly you can turn them over and if you make a profit. No matter how experienced you are, you will find that sometimes you will make mistakes and lose money. Other times you will break even or merely make or lose a few dollars. But you will also have those very rewarding windfalls that make it all worthwhile. It's best not to approach the art market expecting to make a killing, especially on any given purchase. That's how people end up overpaying and overbidding. Use your rational mind and intuition equally. Hopefully, over time, you will have acquired a skill and a bit of an education into the fascinating world of art!

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