Last Updated on 4/7/2008 by bidz

Nancy Sheehan interviewed Paul Royka, a nationally known antiques expert, who runs a gallery and auction house at 213 Newbury St. in Boston.

He had the following insight on the current art market:

“There’s definitely a great opportunity still in regard to painting markets and even in first and second-generation American impressionist paintings there’s still really good opportunities. You’re about to see the value of Andrew Wyeth’s work skyrocket. Not that it doesn’t bring quite a bit now, but I think over the next 10 or 15 years you’re going to see some incredible numbers come up in that market.

…Andrew is in his 90s and he’s definitely an American icon when it comes to his work and, compared with the prices that contemporary art is bringing, some of his stuff is still way undervalued.”

Worcester Telegram & Gazette News
Friday, April 4, 2008
Finding treasure in the junk