price query

[Brian Trout]

FWIW,

At the store I work for, in Lancaster Pennsylvania, a 42" S&S vertical sold
last week.  It was not in premium condition inside.  It could have used some
regulation, and the hammers did need filed.  It was in good tune.  (I had
the privilege... really, it tuned nicer than a 1098.)  The cabinet was
refinished and like new.  The price tag on it said somewhere about $7600.  I
suspect it wasn't far from the mark that it sold.  Was it worth it?  Who's
to say?  I know I wouldn't have paid that for it.  But someone did.  It's
amazing what some people will pay for a name.

Just thought you'd like to hear an example in the other direction.

Hope you all are enjoying your weekend.

Brian Trout
Quarryville, Pa.

-----Original Message-----
From: A440A@AOL.COM <A440A@AOL.COM>
To: pianotech@ptg.org <pianotech@ptg.org>
Date: Saturday, June 12, 1999 9:53 PM
Subject: Re: price query


>
>>>>>...approximate market value of a 1955 Steinway 45" vertical...>>>$1,600
>>>>Ed
>>>
>>>Current retail price for a Steinway 45" vertical is easily $16,000.
>>>>>For a 1955 Steinway 45" vertical in good condition, $1600 would be a
>>>fabulous price!
>>>
>>I wouldn't pay $1600 for it.
>
>Greetings,
>    I posted the $1600 because the last two of that vintage I saw were poor
>instruments, and I couldn't recommend the buyer pay more than that for
them.
>When the additional work of string seating, regulation, voicing, new
dampers,
>and a lot of tuning, is factored in, I wouldn't want one of my customers to
>be into these things for more than $2500.
>   Has anybody seen a used one of this vintage sell for more than $3,000?
>Regards,
>Ed
>