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Last Updated: Wednesday, 3 November, 2004, 16:00 GMT
Record sale price for rare cello
Julian Lloyd Webber plays the Guadagnini cello at Christie's
Lloyd Webber recorded The Look of Love on the Guadagnini cello
A rare 18th-Century cello, by Italian cello maker Giovanni Battista Guadagnini, has sold for a record price of 341,250 at Christie's in London.

Dutch cellist Pieter Wispelwey bought the instrument at Christie's Musical Instruments sale.

Guadagnini used new technology to produce a smaller than average cello.

Made in the northern Italian city of Parma in 1760, it is one of only five Guadagnini cellos which have come to auction in the last 20 years.

Giovanni Battista Guadagnini became an acclaimed cello-maker in the 18th Century, quickly surpassing the lesser creations of his father Lorenzo.

In the spring of 1758, Guadagnini moved from Milan to the duchy of Parma where he is believed to have crafted this cello.

It was offered to Christie's for auction from the collection of a musician whose family acquired the cello in the 1940s.

The auction price establishes a new world record for a Guadagnini cello.

Christie's holds the world auction record for any musical instrument for the sale of the Kreutzer violin by Antonio Stradivari, which sold for 947,500 in April 1998 in London.

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