Do Steinways appreciate?

[Clyde Hollinger]

Friends:

A client of mine purchased a Steinway B twenty years ago for $11,000. 
Since a new one now lists for $50,000, I suppose it would sell for
considerably more than $11,000 in spite of a little wear and tear.

Clyde Hollinger

Wimblees@AOL.COM wrote:

Do Steinways
> really appreciate in value?  If so, how much? What criteria does Steinway use
> to make this claim? Do Steinways appreciate more than other brands?
> 
> Curious minds want to know.
> 
> Willem Blees