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AlexanderG · 03-12-2009, 06:05

Buying art in interest-free instalments
A mini revolution is afoot in the once rarefied world of art. There is a new kind of collector stalking the corridors of galleries. No, not the city boys with their still-substantial bonuses, but the ordinary man. The factory worker. The lawyer. The pig farmer.

David Pike, pictured with his favourite piece by Paul Denham, enjoys buying art despite living in a caravan Photo: NORTH NEWS & PICTURES
Set up in 2004 by the Arts Council, Own Art enables people to take home a piece of contemporary art straight way but then pay for it in 10 monthly interest-free instalments, borrowing anything up to £ 2,000. So far the scheme has made over 14,500 loans to purchase art valued in excess of £ 11.6 million. "It's a simple idea that works for artists, buyers and galleries," says Mary-Alice Stack, development manager for Own Art. "From farmers to policemen, students to pensioners, we're making it possible for everyone to buy original art for their homes."

03-12-2009, 06:05	Original language: Russian #1
AlexanderG Гуру Join Date: Sep 2008 Posts: 2,275 Thanks: 2,232 Thanked 1,366 Times in 551 Posts Blog Entries: 39 Reputation: 2484	Happy owner Buying art in interest-free instalments A mini revolution is afoot in the once rarefied world of art. There is a new kind of collector stalking the corridors of galleries. No, not the city boys with their still-substantial bonuses, but the ordinary man. The factory worker. The lawyer. The pig farmer. David Pike, pictured with his favourite piece by Paul Denham, enjoys buying art despite living in a caravan Photo: NORTH NEWS & PICTURES Set up in 2004 by the Arts Council, Own Art enables people to take home a piece of contemporary art straight way but then pay for it in 10 monthly interest-free instalments, borrowing anything up to £ 2,000. So far the scheme has made over 14,500 loans to purchase art valued in excess of £ 11.6 million. "It's a simple idea that works for artists, buyers and galleries," says Mary-Alice Stack, development manager for Own Art. "From farmers to policemen, students to pensioners, we're making it possible for everyone to buy original art for their homes." Attached Thumbnails __________________ www.anmedicalrecruitment.com.au