Antique violin worth $250,000 pawned for $50

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Washington, July 28 (IANS) An antique violin worth $250,000 million was pawned for $50 in the US state of Massachusetts, the authorities said.

The 1759 handcrafted Ferdinando Gagliano instrument surfaced at a pawn shop in Somerville last week. The bows alone were valued at $16,000 to $18,000, Xinhua quoted the store manager Dylan McDermitt as saying.

As per their policy, the pawn shop planned to hold on to the violin for 30 days before listing it on the market, but before they were able to capitalise on the deal, police informed them that the violin was stolen from a house earlier in July.

The police were expected to pick up the violin on Friday.

–IANS

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