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Pieces of Eight: Violin beats guitars, potty Potter profit and a likeable tyrant

Pieces of Eight: Violin beats guitars, potty Potter profit and a likeable tyrant

🎻 A 308-year-old Stradivarius violin is estimated to sell in the range of $15 million to $20 million on June 9 at an online auction conducted by a fine instrument auction house.    Tarisio’s record for a Stradivarius stands at $16 million from a sale in 2011; because of condition issues, it could not be played, just collected.

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Our Take: While the market debates the provenance and volatility of NFTs, real assets continue to demonstrate huge desirability. The iconic Stradivarius is even more impressive when you consider its value is almost equal to the top 10 most valuable guitars combined! Provenance stretching back over three centuries breeds not only confidence in the valuation but intrigue and romance in relation to the instrument’s story.

🪙  A tech billionaire known as “the Tyrant” has finished the first coin collection spanning the entirety of English and British history, with an array of currency more complete than that of the Royal Mint. Coins minted by every monarch – all the way back to 7th-century Anglo-Saxon...

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Our Take: The efforts of the 'Tyrant' have been warmly received by the numismatic community. Investing time and money into building something that lasts is a noble pursuit, especially if it is to be made available for the wider community to enjoy.

📚 A battered old Harry Potter book bought for 50p from a charity shop has sold for £15,500 in a hard-fought auction.  The first edition of Harry Potter and the Philosopher's Stone is one of just 500 copies from the first run in 1997.  Described as "charming" by the auction house, it is full of a child's scribbles and was initially expected to sell for about £3,000.  It was found among the dusty boxes of a Manchester charity shop and sold following a "colossal battle".

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Our Take: This example may not tick all 10 of Sotheby's boxes for 'what makes a book valuable' but Harry is proving a real pull at Auction. Recently fractionalised in the US and sold for a 31000% profit, Potter may offer proof that you don't need 300 years of history like the Stradivarius to bring in an audience.