A Stradivarius said to be in the best original condition of any of those still in existence sold to an anonymous bidder for nearly $16m, more than anyone has ever paid for a stringed instrument. The seller bought the museum quality violin in 2008 for $10m.
It is known as “The Lady Blunt” after Lord Byron’s granddaughter who owned it for 30-years. The violin was consigned by the Nippon Music Foundation. All of the proceeds go to Japan’s earthquake and tsunami relief fund. The Foundation still owns more than a dozen other Stradivarius instruments that it loans to musicians, worldwide. The online bidding was hosted by Tarisio Auctions in London.
Read more at the Wall Street Journal