An untrue from Steinway was Re: Do Steinways appreciate?

Wimblees@AOL.COM Wimblees@AOL.COM
Fri, 4 Jun 1999 17:31:50 EDT


In a message dated 6/4/99 4:33:02 AM !!!First Boot!!!, JIMRPT@aol.com writes:

<< Wim;
  I don't think that any other instrument appreciates in value or commands a 
 higher percentage used price than does S&S grands. There also is not any 
 other grand in as much demand as S&S grands. I can buy 65/70 year old 
 Chickering/Knabe/M&H, etc. for anywhere from 400 to 3500 dollars I can't 
 think of a single S&S grand that I can touch, of any age, for anywhere near 
 that amount.
 
  I don't know what Steinway says on their page or in their advertising..but 
 if they say anything like 'S&S grands hold their 'value' better than 
anything 
 else on the market and 'appreciate' in value better than anything else on 
the 
 market and are more 'expensive' to acquire than anything else on the used 
 market'...than I will agree with Steinway.
 Jim Bryant (FL)
  >>


You have to look at the starting price of a Steinway as compared to other 
instruments.  You are right, you cannot buy a used Steinway for less than 
$3000.  But then what does a new Steinway cost, compared to a new Baldwin or 
Chickering.  Steinways are more expensive from the day they are sold, and I 
am not arguing that at all.  

What Steinway is implying is that their instruments increase in value more 
than other brands.  And I'm sorry, the figures just don't hold up. 

Wim 


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