Musical instruments as an investment
When it comes to investing, your values matter. Putting your money behind companies or products is a powerful thing, and you want to financially support industries you believe in. If you’re looking for new ways to invest that combine your interests in the stock market and fine art, look no further than musical instruments.
Though instruments are an illiquid asset, they are a good addition to your portfolio both for the purpose of diversification and for their ability to appreciate in value over time. These reasons have led to increasing demand for these types of investments. Let’s take a look at what makes a musical instrument a worthy investment, and how to know your money is being used wisely.
What makes an instrument valuable
When it comes to buying a high end violin as an investment, there are a few things to keep an eye out for. Most notable is the attribution of an instrument. Instrument makers such as Stradivari and Amati are two notable violin makers whose works are among the most expensive in the world. Rare musical instruments such as these are extremely valuable because there is a finite supply available. Instruments with previous owners who were famous or otherwise noteworthy can also fetch a high price.
The quality of an instrument itself can influence its value as well. Antique violins in particular can be in poor condition, so it’s important to have a qualified appraiser assess the quality and estimate its value. A good dealer will be able to tell you about the violin’s history and construction, allowing you and the professionals you work with to better evaluate the piece.
Finding investment worthy violins
Not sure which instrument to invest in without seeing the name Stradivari? Perhaps you’re not looking to start with one of the world’s most expensive violins. One piece recently sold for $20 million: that is a big commitment. However, there are still plenty of investment worthy violins available for more manageable prices. At Johnson String Instrument, we regularly acquire exceptional rare or otherwise high value instruments. We invite you to contact us at info@carriagehouseviolins.com for more information about purchasing a fine instrument as an investment.