Collecting

Here’s What a $10 Million Violin Sounds Like

It’s an almost 300-year-old Guarneri. Sounding like a mere million bucks would be a bargain.

Fiddling With a Rare $10 Million Guarneri Violin

Source: Bloomberg Quicktake 

When a Guarneri “del Gesù” violin known as the “Baltic” hits the auction block at Tarisio on March 15-16, bidders won’t be vying over its sound alone. “The Baltic is not just an instrument,” says Carlos Tome, the director of Tarisio New York. “People that are participating in the market for something like the Baltic are looking at this as a financial investment.”

Valued in excess of $10 million, the violin, made around 1731, is set to attract a combination of institutions, private individuals and consortiums of investors. “Banks and foundations are the newest participants in our market,” Tome says.