A Stradivarius violin sells for $11.3 million at auction, falling short of record
A Stradivarius violin sold for $11.25 million at auction on Friday, showing the continued appeal of the legendary instruments, yet falling short of a record.
Video from the auction at Sotheby’s in New York City shows auctioneer Phyllis Kao opening bidding at $8 million. Bids quickly rose to $10 million, then bidding ceased.
The final price includes auction house fees. Sotheby’s said it could not share information about the identity of the buyer. The auction house had expected the instrument to sell for $12 to $18 million.
Sotheby’s referred to the violin as the Joachim-Ma violin, which was built by Antonio Stradivari in 1714 in Cremona, Italy. It was most notable for having been played for decades by Joseph Joachim, one of the most famous violinists of the 19th century. It was acquired by violinist Si-Hon Ma in 1967, whose estate donated it to the New England Conservatory after his death.
The Conservatory, which has had the violin for the last decade, said the sale proceeds will go toward a scholarship program.
“The sale is transformational for future students, and proceeds will establish the largest named endowed scholarship at New England Conservatory. It has been an honor to have the Joachim-Ma Stradivari on campus, and we are eager to watch its legacy continue on the world stage,” Andrea Kalyn, the Conservatory’s president, said in a statement.
The record for the biggest sum paid for a musical instrument at auction remains with the “Lady Blunt” Stradivarius, made in 1721, which fetched $15.9 million in 2011.
Standing by in San Antonio: the luxury plane from Qatar intended to replace Air Force One
The luxury jet needs a security overhaul. That usually takes a few years, meaning it might not be ready until Trump is out of office. Shortcuts could create national security risks.
For the first time, the U.S. is absent from WHO’s annual assembly. What’s the impact?
In the wake of President Trump's decision to withdraw from the World Health Organization, the agency is holding its first major meeting. How will that affect WHO — and the United States?
Federal judge blocks Trump’s takeover of U.S. Institute of Peace
U.S. District Judge Beryl Howell ruled the USIP president and board members were unlawfully fired by President Trump and should be reinstated.
Pope Leo meets with Vance, who delivers an invitation to visit the White House
The meeting appeared part of an effort to reset relations with the Vatican after Pope Francis repeatedly criticized President Trump's migration policy. Vance also gave Pope Leo a Chicago Bears jersey.
Millions prepare for severe storms in the Midwest and South
Millions of people in central and eastern Oklahoma, as well as far northwest Arkansas, are in the path of numerous severe thunderstorms expected on Monday.
What we know about the Palm Springs fertility clinic bombing
Authorities say they believe their prime suspect in the bombing was also the sole fatality of the attack.
