Margaret and Raymond Horowitz, collectors, in conversation with Nicolai Cikovsky Jr., senior curator of American and British paintings, National Gallery of Art, and Franklin Kelly, curator of American and British paintings, National Gallery of Art. In honor of the exhibition American Impressionism and Realism: The Margaret and Raymond Horowitz Collection, on view at the National Gallery of Art from January 24 to May 9, 1999, the Horowitzes joined Nicolai Cikovsky and Franklin Kelly to discuss the history of their collection and its first exhibition since a 1973 show at the Metropolitan Museum of Art. Forty-nine American impressionist and realist paintings and works on paper were presented, including works by William Merritt Chase, Childe Hassam, George Bellows, Maurice Prendergast, and William Glackens. In this conversation recorded on January 24, 1999, the Horowitzes share how their collection started with a few modest gifts, grew with the informal acquisition of drawings and pastels, and became a serious endeavor after their first painting purchase in 1961, a work by Robert Henri. From then on, the Horowitzes have exclusively collected American art. Making the most of their limited resources, the Horowitzes did not want to collect what was fashionable and turned to the work of American artists, which they thought was an overlooked treasure.