Stradivarius Violins: Legendary String Instruments A High Investment Rating
High-end violins, such as the Stradivarius violin, increase 8-12% in value each year | Source: BBC
The violins made by Antonio Stradivari at the turn of the 18th century remain among the most valuable and expensive instruments in the world.
The 300-year-old instrument is revered by many as one of the greatest violins ever made. And the Italian composer Stradivari is considered the greatest luthier of all time.
The “Messiah” Stradivarius violin is valued at around A $ 28 million and is still on display in the Ashmolean Museum in Oxford, England. But what makes these eccentric instruments so valuable and what is driving demand from investors, professional musicians and instrument collectors around the world?
Stradivarius violins are a limited asset, with only around 650 of the acclaimed instruments still in existence. In the past 30 years alone, sales of these thin-stringed instruments have continued to break sales records.
The “Lady Blunt” Stradivarius violin, made in 1721, sold at Sotheby’s in 1971 for a record amount of A $ 156,178. Forty years later, in 2011, the same violin was sold for A $ 22.3 million, again setting a new world record.
On average, experts predict that the value of these leading violins will increase by 8-12% each year.
Kerry Keane, Head of the Musical Instruments Department at Christie’s, believes such items are a safe, long-term investment for collectors and art dealers around the world.
Thin violins like the Stradivarius have a historic record of being a brilliant (investment) to offset inflation, as it is a tangible asset, and therefore a great way to pass wealth on to the next generation.
said Kerry Keane.
According to the Stradivari Society, rare violins that have sold for extravagant profits in the past have never lost value and have even outperformed the precious metals sectors and other popular investment products, such as art. and watches.
Stradivarius’ most prestigious purchases are violins made during the “golden period” of Antonio Stradivarius (between 1700 and 1720) when the Italian luthier composed some of his best works.
Other value creation factors include the ownership of the instruments to important historical figures. The Stradivarius “Molitor”, believed to be owned by Napoleon Bonaparte, sold in London for A $ 388,000 in 1988. In 2010, the same violin was on sale again, this time for A $ 5 million through Tarisio Auctions. On a projected increase of 10% per year, the violin is now expected to be worth more than three times its original value.
A Stradivarius possesses a mystical allure in musical society – a musical feat that cannot be compared to its modern counterparts.
Comparing the work of a contemporary luthier to a violin hundreds of years old is inherently unfair. What happens to this violin after being played for 300 years is a wonderful mystical mystery.
said Kerry Keane.
Many musicians bear witness to a mystic picking up one of the revered violins for the first time. American classical violinist Elizabeth Pitcairn, whose grandfather bought the legendary 1720 ‘Red Mendelssohn’ Stradivarius for more than A $ 2.3 million at a Christie’s auction in 1990, is said to have entered a ‘state modified ”when she tested the violin before the auction. Today the violin that inspired the 1998 film The red violin is estimated at over A $ 20 million.
Rare Stradivarius violins set the benchmark for profitability, an asset that can only be appreciated in value and reputation. Although difficult to obtain, they are an investment in both musical and monetary immortality.
In 1908, London’s foremost violin dealer, Arthur F. Hill, reportedly wrote: “A Stradivarius can only be considered a wise purchase. It’s likely that this statement has never been truer than in today’s market.
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