The Economics of Everyday Things
The Economics of Everyday Things

66. Stradivarius Violins

August 17, 2026

AI Summary

5 min read

Frank Almond, a professional violinist in Milwaukee, received a mysterious, one-paragraph email sixteen years ago. It mentioned an instrument caught up in an estate situation. Musicians get these kinds of messages all the time—usually, they are nothing. This time, it was different. When a violin dealer accompanied Almond to a bank vault and opened the case, he instantly recognized the instrument: the Lipinski Stradivarius, made in 1715 during what is considered Stradivari’s “golden period.” The owner eventually proposed that Almond simply look after it. He accepted. The nearly six-million-dollar violin, with a documented history that reads like a novel, became his to play.

Antonio Stradivari grew up in Cremona, Italy, the center of string instrument craftsmanship in the 1660s. He did not invent the violin. Instead, he transformed the existing model—a smaller, puffier instrument—into something acoustically unprecedented: more powerful and resonant. Everything was done by hand in his workshop. Because he became famous and wealthy early, he could afford superior materials that many competitors could not. Fewer than a thousand violins ever left his studio. Today, perhaps five hundred survive. Their longevity is a testament to both Stradivari’s genius and the careful stewardship of three generations of owners. These instruments still occupy the world’s most celebrated concert stage

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What you'll learn

  • 1 (00:36) **A Violinist's Lucky Find** - Frank Almond, former concertmaster of the Milwaukee Symphony, introduces the Lipinski Stradivarius, worth nearly $6 million.
  • 2 (03:47) **The Genius of Antonio Stradivari** - The episode explains why Stradivarius violins are so revered, starting with the luthier's innovations in Cremona, Italy.
  • 3 (06:43) **The Rare Instruments Market** - The episode explores the emotional and investment-driven market for Stradivarius violins, featuring insights from broker Jason Price of Rare Violins of New York.
  • 4 (09:12) **Converting Investors into Benefactors** - The episode details how brokers and institutions aim to keep rare violins in the hands of performing musicians rather than locked away.
  • 5 (11:06) **The Costs and Risks of Custody** - The practical financial and personal burdens for a musician playing a multi-million dollar instrument are outlined.
  • 6 (15:02) **The Mystery of the Sound** - The episode investigates what makes Stradivarius violins sound better, beyond just their scarcity.
  • 7 (17:04) **Adventures of Stolen Strads** - The episode recounts dramatic thefts and recoveries of famous Stradivarius instruments.

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Show Notes

Why are these 300-year-old instruments still coveted by violinists today? And how do working musicians get their hands on multimillion-dollar antiques? Zachary Crockett is not fiddling around. This episode was originally published on October 13th, 2024.


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The Economics of Everyday Things