Despite the record price, there are some who argue that Mr Vengerov got a bargain.
ECONOMIST: The highly strung market for violins
The buyer of his Stradivarius was widely (though unofficially) reported to be Maxim Vengerov, one of the most promising young violinists currently playing.
True, a Vengerov does not show up every day, and the times are past when Asian dealers could be relied on to buy almost anything.
Mr Vengerov left his native Novosibirsk in 1990 at the age of 16 and, since his arrival in the West, has relied heavily on borrowed instruments.
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