The valuable musical instruments is a great way to invest. Financial experts have found out that the price of violins crafted by such masters as Antonio Stradivari and Giuseppe Verdi exceeds the value of gold and stocks. From 1960 to 2008, it soared by 26,000%, while gold and Dow Jones have risen only by 2,500% and 1,400% respectively. Even in rough times the violins profitability always went beyond the inflation, so the rare staff, the price of which has been shooting every year, is irreplaceable.
Besides, the owner of such a rarity gets an additional source of income: he can rent it to famous music artists that will push up the price by 3-5%. Furthermore, welfare improvement stirs up the interest to the antiques. For example, Thai foundation Chimay announced its intentions to spend $500 million on valuable violins. Undoubtedly, there are some risks of such capital investing. First of all, the price of modern instruments may, on the contrary, slump. Secondly, with today's wide range of technical opportunities the number of forgeries has grown considerably, and even qualified specialists cannot distinguish just good violins from Stradivari and Guarneri masterpieces. So, what musical instrument is the best for investing? Experts advise the potential buyers to purchase violins worth at least $1 million with lifelong insurance and from well-reputed intermediaries.
