When it comes to auctions, stringed instruments are potentially better financial bets compared to properties, gold, and shares. This is why it’s a good decision to invest your hard-earned money in a quality violin. There are a lot of excellent violin brands available for you to choose from. You can opt for a store-to-store visit or you can look them up at the comfort of your home with the help of internet. In fact, experts claim that only a few valuable items can beat an exceptional old violin.
Investing in Rare Violins
Between 2005 and 2012, gold was one of the miracle investments people are crazy about. However, this has changed in the previous years. For long term investments, shares are great options. But for short term, shares can be frighteningly volatile.
For instance, 2008 was a crash year for shares since their value was decreased by 30%. But during the following year, it bounced back with same value. Investing is a matter of knowing how to go with the flow and yet staying at the top of the game in the long run.
With the steady-going growth of various stringed instruments especially violins, it’s worth it to put your money in such possessions. For instance, if you get Stradivarius violin during the 80s until 2011, the rate of return was 15.4% annually. No sudden surges or drops, investors didn’t have any worries about losing their money from their instruments.
Value of Instruments and Investments
Not all people knew about the value of instruments as investments. You’re lucky if you have started investing in violin in the early years. Instrument dealers may be perceived as dwelling in an old-fashioned world, but money is in here. Once you discovered the online instrument auctions, you will be surprised by how much an old violin could cost.
Before, there were only a few dealers who risk their money in buying and selling stringed instruments. But today, the industry is growing too fast that people who want to make valuable investments need to keep up with. It’s becoming global, hence opening a new market for those who want to earn extra income from violins.
The Bottom Line
Violins are good investments because they are completely risk free. The supply will eventually diminish due to the fact that these instruments are being bought by foundations and banks. If you have a rare stringed instrument and you don’t need it anymore, you can sell it for a high price.
Collectors with fine instruments are lucky since they can always make money from them. In addition, the value of old violins never goes down; in fact, it rises year after year after year. So, don’t waste your time and invest in a good violin today.
