Auction of Joachim-Ma Stradivarius Violin

SOURCE www.npr.org
A Stradivarius violin, the Joachim-Ma Stradivarius, was auctioned for $11.25 million at Sotheby's in New York City, falling short of the expected $12 to $18 million. The violin was built by Antonio Stradivari in 1714 and was previously played by Joseph Joachim. The proceeds from the sale will fund a scholarship program at the New England Conservatory.

Key Points

  • Joachim-Ma Stradivarius violin auctioned for $11.25 million at Sotheby's in New York City.
  • Violin was built by Antonio Stradivari in 1714 and previously played by Joseph Joachim.
  • Proceeds will establish the largest named endowed scholarship at New England Conservatory.

Pros

  • Proceeds from the sale will fund a scholarship program at the New England Conservatory.

Cons

  • The final price fell short of the expected $12 to $18 million.