Why are some violins extremely expensive up to 200000?

Some violins can be extremely expensive, reaching prices up to $200,000 or more, due to factors such as craftsmanship, historical significance, and the quality of materials used. Instruments made by renowned luthiers, like Stradivari or Guarneri, are highly sought after for their superior sound and intricate construction. Additionally, the rarity of these violins, their provenance, and their condition contribute significantly to their high market value. Collectors and professional musicians often invest in these instruments for both their musical quality and as valuable assets.