39,000

38,000

COMPARISON: STRADIVARI AND GUARNERI DEL GESÙ

37,000
36,000
35,000 VIOLIN PRICES AND THE DOW JONES INDUSTRIAL
34,000 AVERAGE (DJIA), PERCENTAGE OF INCREASE
33,000
32,000
FROM 1960-2008
31,000
30,000
29,000
28,000
27,000 26,083%
26,000
25,000
•
24,000
23,000
OF INCREASE

22,000
21,000
20,000
19,000
18,000 •
17,000
16,000
PERCENTAGE (%)

15,000
14,000
13,000
12,000
11,000
•
• •
10,000
9,000
8,000
7,000
6,000
•
5,000
4,000
3,000 • •
2,000
1,500
• ■
■ ■
■ 1,425%
■
1,000
• ■

• • ■• ■• ■• ■• ■•
500 ■
0■ ■ ■ ■ ■
1960 1963 1966 1969 1972 1975 1978 1981 1984 1987 1990 1993 1996 1999 2002 2005 2008

• Stradivari and Guarneri del Gesù Violins 1

■ DJIA2

11960-2005: annual average price of Stradivari and Guarneri del Gesù violins. 2006-2008 values are based on the retail sale prices
of twenty-seven Stradivari and Guarneri del Gesù violins sold during that period. The average price typically reflects many
more low-end sales than record sales since top examples come on the market infrequently. The sale prices in this group range
from $1.24 to $10.5 million.
2DJIA values on the last trading day of the year.