Alva Review-Courier -

Pawn shop buys violin for $50, finds out it's worth $250,000

 


SOMERVILLE, Mass. (AP) — A violin bought by a Massachusetts pawn shop for $50 has ended up being worth about 5,000 times that.

WFXT-TV reports a new employee at the LBC Boutique and Loan in Somerville had no idea what he was buying when he paid for the Ferdinando Gagliano violin, which was handcrafted in 1759 and is worth $250,000. Store manager Dylan McDermitt says the bows alone are worth $16,000 to $18,000.

Police say the violin was stolen during a house break-in and has since been returned to its rightful owner. They say the seller had no criminal record and they're still investigatin...



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