why YOU should invest in VIOLINMAKING???
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- Опубликовано: 2 мар 2023
- Dear Friends, never stop to learning!
Learning is your best investment. Knowing more about what you buy is well invested time and energy.
In this RUclips video I want to give you some advice in case you want to invest in bowed string instruments such as violin viola cello or Doublebass.
The video discusses why Handmade Italian Master instruments are renowned for being a sound decision, despite their apparently high price. Beside great craftsmanship and the use of premium materials the most important ingredient is that you know the maker and that you know that he build himself your future instrument. As a result, they have the potential to increase in value over time, making them a worthwhile investment for those willing to spend the money upfront. We'll talk about the history and tradition of Italian violin making, and the unique skills required to produce these instruments by hand. Overall, this video provides valuable insight into the world of investing in handmade Italian instruments and why they are considered a smart investment for those interested in the intersection of music and finance.
If you have questions, feel free to email me at edgar@eruss.it
Meanwhile all the best from Cremona
Edgar
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Видеоклипы
I dont own a violin, and found it a dreadful thing to try playing, but I enjoy the channel so here I am..
Thank you Edgar for another wonderful and informative video. I really appreciate all of your work
Thank you so much Catalin!
I like it it very much, Edgar, that you address a subject, which was often kept secret in the past. Maybe of old beliefs that money spoils true art… as you opened a lot of secrets in violinmaking, it is just the right time to talk about worthiness and money as well in this field. I think, the money one is willing to pay for a violin, is just an inner reflection of a person, how she/he looks at art, music and craftsmanship as a value in their lives. The investment view on instruments is more, how other people would estimate this mentioned values in future for them.
Gert, I think you realized to say it in a few words.
While I need to talk so much and sometimes I have my doubts that the right message comes over.
Thanks for your comment since you are a pro in Finance and in violinmaking.
Thant's why your comment makes my day!
Keep going, Edgar, you are on the right track! The more you share, the more you will get … and you love this challenge, right?
With regard to violin making, I am left handed and there are very few left handed instruments. Even less 'old' instruments. I am slowly investing in the tools I need to convert a right handed to left handed. I have two instruments saved for this, one is a very cheap factory model and the other a 1940's German violin with no makers label. I watch as many video's as I can, your video's have been nothing less than inspirational and educational for me. Like your friend in this video, I am a small time musician and my interest is based on that. Knowing as much as you can about what you are playing is very helpful. I have already made left handed bridges from bridge blanks, ebony nuts from my mothers old piano keys, made and fitted sound posts and filled and refitted peg holes. I have yet to open a violin. My investments are in tools, time and learning, unless I win the lottery, I will never have the money to invest in a fine instrument, but i may help and encourage more left handers to take up the instrument.
I learned violin repair by getting old junks from Facebook marketplace. It would be good cheap practice to refit a new bass bar to the left side. If you mess it up you won't be losing much money and if you do a good job you'll have a good left-handed violin good luck bro!
Very interesting! If you made your way already a little I think you will proceed pretty good.
Let me know!
All the best
Thank you Sir Edgar! Always a delight to listen & watch your presentations. Can you give me advice on where I can go online to study the physics of a violin bridge? My 5-string Gliga from Romania has the same bridge as any 4-string violin; I think a new design for a 5-string violin is in order. Most gratefully, Paul
U.S. Coast Guard, Retired
Thanks for the video Edgar! One comment about your description, rather than, "never stop to learn" I think you want, "never stop learning". "Never stop to learn" means, never stop whatever you're doing to do learn.
Thanks Benjamin, I changed that already!
Thanks for pointing out this detail which actually makes a huge difference of what I wanted to say!
All the best
Edgar
Hi Edgar. Thank you for this informative video. I do have a question that probably applies to most makers. Since you have been making violins for decades now, would you say that the quality of your violin has increased as you gained more experience throughout your career? If so, you would value your instruments differently accordingly? (i.e. you would value your instrument from 2000 same price as 2020 or not?) Btw, I have one of your violins from 2013, which is just absolutely fantastic! Please keep up the great work!
Prices are not increasing. The value of money is decreasing.
An Euro from 2000 had a value (buying force) of twice as much as the Euro today.
that's actually correct!
So a violin increases its price 26.000€ in 30 years. 800 and something euros a year is not a huge gain. Besides, you may die before those 30 years have passed, or you may find it difficult to sell the violin at the final price if you need the money. Edgar will only give you back what you originally paid for it. I can't see the point of such an investment.
People who have instruments but don’t play them are in danger of losing their investment because they are less likely to notice when the instrument needs maintenance.
Also, instruments get better when they are played well. They don’t like just being shoved under a bed.
Watched this, then did a search on YT for Guarneri. The first video I watched was a review of three Guarneri copies, and the first was an Edgar Russ violin. It sounds beautiful. ruclips.net/video/59XCvYQm7VQ/видео.html
So just let me get something straight: you are claiming a 7% increase per annum on stringed instruments. On the other hand you "buyback instantly" after a grace period of 1 year, not instantly in my books but ok. So with a violin sold back to you after 10 years and accommodating inflation of only 2% that's a 40% loss on the initial purchase value. Compounding 7% over a period of 10 years would double the value. Let's not even start with the VAT,..... In essence, you are paying the owner a bit over a quarter of what you are selling it for. Your video should be called divesting in violins! BTW 7% is rather absurd, that would mean in 20 years your violins would be selling for 125.000 Euro, taken from the 50.000 ATS in 1994. I reality I have never seen returns exceeding 4%, and that only in specific makers like Poggi, Satory, D Peccatte or Fx Tourte. 7% would mean a doubling every 10 years, if that were the case then everybody would be in this asset class.
Ah yes and although it might sound logical to you to disregard Vat, you will run into all kinds of problems if you just deduct it, the way it is stated in the video. The vat the Client paid is part of the value in the end and can't be discounted on resale. Done in the way suggested in the video would not pass any audit, but i guess you could test it :)