We strongly recommend you learn all you can about this highly intelligent breed. Simply put, a Border Collie is not your average pet. They are not cuddly lap dogs content with being indoors. If you have never had the pleasure of belonging to a Border Collie, please read this article entitled Border Collie -- a problem dog!? before going any further. Just disregard the comments about asking a breeder for further information -- go directly to a reputable Border Collie rescue!
For centuries Border Collies have been bred to herd sheep and their herding instinct, when not fully understood and given a proper outlet, will result in destructive and undesirable behaviors ranging from chasing cars and incessant barking to “herding” small children or chewing furniture. Border Collies need a great deal of activity, whether in the form of exercise or “work” they can perform, such as herding, agility, obedience trials, or fly ball.
Equally important, Border Collies need human companionship and should not be left alone for long hours each day. If you are considering adopting a Border Collie you must be willing to devote time and attention to meeting the needs of the dog.
Border Collies are an intense and interesting breed. While a group of one hundred Border Collies will probably look as if they belong to the same breed, they will not have a uniform appearance. Since a "good" dog can be judged only by its herding performance, there is no "breed standard" of appearance to which Border Collies should conform. In general, they are of medium size (25-55 pounds), with coats that may be smooth, medium, or rough. Colors are black, black with tan, and, less common, reddish-brown, all usually with white markings as well as blue and red merle. Predominantly white Border Collies, though unusual, also occasionally appear.
The main characteristics of the Border Collie come from being bred to be perhaps the best herding dog there is: Because their early work was to gather sheep from the hills, Border Collies are, by nature, gatherers rather than drovers or tenders. They can, nevertheless, be taught to drive stock away from the shepherd and even to keep their charges within certain boundaries. They are also sensitive to commands from their handlers and can distinguish slight variations in the many whistles they understand, responding appropriately to each tone.
As pets, Border Collies have a mixed record. While some people have no difficulty controlling the dogs' herding instinct, high energy and quick minds, less-skilled owners may be frustrated by these traits. The calm, well-behaved dogs seen at sheepdog trials are the result of careful attention to the dogs' mental and physical needs. Border Collies that herd are fulfilled. In pet environments, with experienced dog people who give them the structure, love, and fellowship they crave, they can be superb pets. With less-skilled owners, unfortunately, they can become a neurotic nuisance. An honest appraisal of your lifestyle, skills and needs before getting a Border Collie can save you from heartache. It is very hard to find a farm home or a new pet home for a Border Collie which has developed bad habits, and every year many Border Collies are destroyed because they proved to be too much dog for their owners.
Taken from the USBCC at http://www.bordercollie.org