NEW YORK (AP) _ An unidentified Japanese bidder bought Marc Chagall's ''The Violinist with the World Upside Down'' for $4.62 million, a record for a painting by the artist.

''Violinist'' was auctioned Monday night by Habsburg, Feldman Inc.

The 1929 work was sold by Bryn Mawr College, to which it was bequeathed last year by Mary Katharine Woodworth, a professor at the school. Her will stipulated that proceeds from the sale be used for scholarships.

The Russian-born artist, who died in 1985, was known for his brighly colored, often whimsical and surrealistic depictions of Jewish folk life.

The old record for a Chagall was $2.52 million, paid at auction last June for ''Paris, La Grande Rue.''