market value

[Wimblees@aol.com]

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In a message dated 4/19/03 1:28:04 PM Central Daylight Time, 
RNossaman@cox.net writes:

> What's the very approximate market value 
> for an original condition (un abused by anything but a Pianodisc 
> installation) 1975 New York Steinway D (Teflon action), and the equally 
> very approximate value of the same piano competently rebuilt with new 
> action, pinblock, soundboard, etc. No refinish.
> 
> On list, or private, as you wish.
> 
> Thanks.
> Ron N
> 

I brokered the sale of a similar vintage D 2 years ago, (without the 
Pianodisc), for $28,000. We originally asked $45,000, but the buyer argued 
that it would cost $6-8,000 to rebuild the action with non Teflon parts. 
Unless there was something wrong with the soundboard and pin block, I don't 
know why you would want to replace them. But with a new action, restrung, and 
new finish, considering a new one is about $85,000, I could see asking about 
$50,000 for the rebuilt one. 

Wim 

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