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Luxury

Saturday, May 24, 2014

Luxury

Violin kept in closet could fetch $12.5 million

The New Paper | Saturday, May 24, 2014

A Stradivarius violin once owned by French violinist Rodolphe Kreutzer on display by Christie's auction house in Hong Kong.

A Stradivarius violin kept in a closet for the past 25 years could fetch as much as US$10 million (S$12.5 million) next month, Christie's auction house said yesterday, in an auction preview in Hong Kong.

The instrument was crafted in 1731 by famed Italian violin-maker Antonio Stradivari and was once owned by French musician Rodolphe Kreutzer, one of Europe's leading violinists in the late 18th and early 19th centuries.

"It's a magnificent instrument, it's a great piece of sculpture," Christie's international specialist head of musical instruments Kerry Keane said.

The instrument was "the one violin that Kreutzer held most special to him and would retain it throughout his life", Christie's added in a statement, describing the violin as "exceptional", AFP reported.

It has belonged to the family of wealthy 19th-century US entrepreneur and politician William Andrews Clark for almost 100 years. "For the past 25 years, it's lived in a closet," Mr Keane said.

The violin was unveiled at Hong Kong's convention centre as part of Christie's spring sales preview and will go under the hammer in New York next month as part of an auction entitled An American Dynasty: The Clark Family Treasures.

Hong Kong Philharmonic's concertmaster Jing Wang played two pieces by Bach on the prized violin in front of reporters.

INTIMATE

"It's a very intimate instrument, it's very warm," he said.

Christie's said the "Kreutzer" is expected to fetch between US$7.5 million and US$10 million.

The record price for a Stradivarius violin is US$16 million, achieved at an auction in London in 2011.

A Stradivarius viola valued at US$45 million could become the most expensive musical instrument sold when it is auctioned by Sotheby's next month.

Other items previewed in Hong Kong for Christie's spring sales included a large Golconda diamond necklace, expected to fetch as much as HK$80 million (S$13 million), and influential Chinese ink painter Xu Beihong's work Eagle, forecast to sell for up to HK$20 million.


This article was first published on May 22 2014.
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