>List, > >We've had two pianos donated to us in the last few weeks and I need >to arrange an appraisal for the donor's (for tax purposes). I've >been away from retail for too many years and was wondering what >would be the best way to do this. > >The pianos are both Kawai's, a UST-7 (1981) and a KG-1C (1981), >both a Walnut type of finish and both in very good shape, inside >and out. Since we're already associated with the Kawai dealer >because of our lease program, would asking him to do that be a good >way to go? > >Avery Avery, The two methods that I would use are: 1) half of list price, less any work needed (i.e. regulation, hammers, etc.) and 2) depreciation schedule from Steve Brady/Larry Fine. The list price for a UST-7 in walnut is $6370, GE-1A (I'm assuming that this is the present equivalent) in walnut is $14,990 (prices taken from the 1999-2000 Piano Book Supplement). For a piano 20 years old, the percent of new value is 43, according to the Brady depreciation schedule. If there's any other information I can offer, let me know. Respectfully, Jon Jon Ralinovsky Piano Technician Department of Music Miami University 513/529-6548
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