Frank Almond, a distinguished violinist and concertmaster, joins Ziv Arazi and Bruno Price, co-owners of Rare Violins of New York. They dive into the rich history and craftsmanship of Stradivarius violins, especially the coveted Lipinski. Discussions highlight the unique blend of artistry and investment in rare instruments. They also explore the emotional connections musicians have with these historic pieces while addressing the complex economics behind ownership and the intriguing tales of theft and recovery that surround these prized violins.
Stradivarius violins remain highly coveted primarily due to their unique acoustic properties and historical significance, with fewer than 500 left worldwide.
The complex market for Stradivarius violins intertwines artistic expression and investment, leading to essential loans and maintenance considerations for musicians.
Deep dives
The Value and Rarity of Stradivarius Violins
Stradivarius violins are highly valued not only for their exquisite craftsmanship but also for their scarcity, with fewer than 500 remaining worldwide. Musicians and collectors alike are drawn to these instruments, as their unique acoustic properties, such as the type of wood used and the varnishing techniques, contribute to their exceptional sound quality. Historically, Antonio Stradivari made around a thousand violins during his lifetime, and each one is treated with great reverence, passed down through generations, showcasing the care taken to maintain their quality. Their resale value can also be substantial, significantly increasing with the fame and success of the musicians who play them.
Frank Almond and the Lipinski Stradivarius
Violinist Frank Almond's journey with the Lipinski Stradivarius, worth nearly $6 million, began with a serendipitous email regarding the instrument's estate situation. Once played at the Milwaukee Symphony, the Lipinski is historically significant, having a rich narrative of previous owners and events. Almond relates the thrill and responsibility of playing such a valuable instrument, and he experienced a dramatic moment when the violin was stolen after a performance, leading to a citywide search for its recovery. The swift action of local authorities, driven by a shared appreciation for classical music, ultimately reunited Almond with the stolen violin, enhancing its iconic history.
The Economics of Instrument Ownership
The conversation highlights the complexities of buying and maintaining high-value instruments like Stradivarius violins, involving contracts and insurance considerations for musicians who borrow them. Companies like Rare Violins of New York facilitate the sale, loan, and care of these instruments, balancing the interests of investors and musicians alike. They promote a model where instruments are not merely investment vehicles, but also essential tools for performance, fostering a connection between artistic expression and financial considerations. As demand for quality instruments grows among musicians, instrument loans have become a crucial aspect of sustaining the legacy and accessibility of these revered violins.
Why are these 300-year-old instruments still coveted by violinists today? And how do working musicians get their hands on multimillion-dollar antiques? Zachary Crockett is not fiddling around.