Pawn shop buys violin for $50, finds out it’s worth $250,000
A Massachusetts pawn shop bought a violin for $50 and later found out it’s worth $250,000.
WFXT in Boston reported an employee of LBC Boutique and Loan in Somerville had no idea what he was buying when he paid for the Ferdinando Gagliano violin.
It turns out the instrument had been hand-crafted in 1759 and is worth a quarter of a million dollars. The shop’s manager said the bows alone are worth at least $16,000.
The violin was stolen during a home break-in, according to police.
It has since been returned to its rightful owner, the AP reported.