From: http://www.msnbc.msn.com/id/12824291/

Stradivarius violin auctioned for $3.54 mil
300-year-old violin shatters record for amount paid for an instrument

Updated: 9:48 p.m. ET May 16, 2006
NEW YORK - A nearly 300-year-old Stradivarius violin sold Tuesday for more than $3.5 million, shattering the record for the highest amount paid for a musical instrument at auction, Christie's said.

The instrument, made in 1707 by Italian violinmaker Antonio Stradivari, sold at Christie's auction house for $3,544,000 after less than five minutes of bidding.

The winning bid, which included the house쳌fs commission, broke a record of $2,032,000 paid for another Stradivarius at Christie쳌fs in April 2005, the auction house said.

The new owner bought the violin anonymously via telephone. Kerry K. Keane, who heads Christie's department of musical instruments and was the bidder's proxy, described him as "a gentleman who is international" and a "benefactor and patron of the arts" who loves classical music.

The violin, which had been expected to sell for $1.5 million to $2.5 million, will probably be heard soon on stages worldwide, Keane said, declining to elaborate.

The violin쳌fs former owner, who also wanted to remain anonymous, bought it privately in 1992 from an estate, Keane said, and loaned it to violinists including Kyoko Takezawa, an orchestral soloist, recitalist and recording artist who has performed with many of the world쳌fs top orchestras.

The violin, made in Cremona, Italy, is considered a product of Stradivari쳌fs golden period. Musicians and collectors covet the violins he made from 1700 to 1720 because of their beauty and superior sound, Christie쳌fs said.

A violinist and teacher brought the violin to the United States in 1911. Since then it has had various owners.

It is named The Hammer for Christian Hammer, a 19th-century Swedish collector.