Will IRS Seize Axelrod’s Rare Violins?

New Jersey philanthropist Herbert Axelrod, who fled the US to Cuba last week to avoid tax fraud charges, still owned some important string instruments that are on loan to prominent musicians. “Among the instruments given to Curtis is one on loan from the school to violinist Pamela Frank, who is both a graduate of and teacher at Curtis. Axelrod donated the 1736 Guarnerius del Gesù (Wienawski), now insured for $2 million, in 1993. Violinist Leila Josefowicz played on an Axelrod instrument, the 1739 “Ebersolt” Guarnerius del Gesù, and Maxim Vengerov played on an Axelrod-owned bow. Whether any musicians are still playing Axelrod-owned instruments is not clear. In some cases involving the IRS, such property is seized by the government.”