Word: dealers
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...market for instruments worth less than $100,000 has indeed weakened somewhat, agrees Gael Francais, a violin maker and dealer based in New York City whose family has been in the violin-making business since the 18th century. Francais and Margolis say the recession has limited the capital available to musicians shopping for tools of their trade. (Watch Jeremy Caplan's duet with...
...market's high end, new funds have launched to capitalize on the opportunity to diversify into fine instruments. Florian Leonhard, a London-based violin expert and dealer, is gathering more than $50 million for the Fine Violins Fund, aiming to buy as many as 50 old Italian instruments. Leonhard isn't alone in his confidence in the market. Emigrant Bank Fine Art Finance lends large sums of money using violins and cellos as collateral. And former concert violinist Staffan Borseman has established Stradivari Invest to advise big investors on the purchase of top instruments...
...penny a mile, he says, compared with 10 cents a mile for a gas-powered vehicle. "Think of a battery as part of the fuel of the car," says Richter. "When you buy a new car you don't buy 10,000 gallons of gasoline out of the dealer showroom. As purchasing terms are structured in a way that is acceptable for consumers, people start to notice the convenience...
Watch a video about an optimistic Dodge dealer...
...Watch a video about an optimistic Dodge dealer...