Is This The Rarest Item Ever Purchased With Bitcoin? - From The CoinFront

A small investment group, The Leo Group, has purchased what might be the rarest, most precious object ever bought with Bitcoin.

The group, which was interested in acquiring some illiquid assets, decided the best option was to acquire rare musical instruments.

Specifically violins, which often end up increasing in value. So the Leo Group went on the hunt, and discovered one of the greatest prizes available to a musical instrument collector: a Stradivarius.

The Stradivarius violins are famed for their sound quality and superior craftsmanship. And since only about 650 Stradivarius instruments exist today, it isn’t often that one comes available on the market.

The Leo Group acquired the Stradivarius violin on behalf of one of their clients, who held a large number of bitcoins. The amount for which they purchased the instrument is undisclosed, though Stradivarius violins usually fetch well over a million dollars.

The Stradivarius’ Fate

With such an exquisite instrument, it seems a shame to leave it sitting in a climate-controlled glass case somewhere. And The Leo Group agrees.

The violin will be stored with the group from whom The Leo Group purchased the violin. These people will use it in their non-profit chamber orchestra in New York, called Salomé.

If you’ve never heard a Stradivarius played before, Salomé is a good chance to do so.

Is This The Rarest Item Ever Purchased With Bitcoin?