Greetings, I have been asked to give a long distance appraisal on a schools entire stock of Steinway pianos. They are considering moving to an "All Steinway School", and the factory is offering an average of $ 4,000 per piano. They have asked me to give them an idea of what the pianos should actually be worth as trade-ins. I have told them they were nuts to trade their grands in on new ones, rather than restoring them, but this is a state school, and it seems that the decision has been made locally while the question as to their worth is from the State Board. I am wondering what the rebuilding consensus is for Steinway "husks". I am thinking approx. $1,000 per foot, more perhaps for particularly desirable models like the big model A. Maybe also a little more for the D's, but I dunno. Who has seen what prices being fetched for restorable, but worn out pianos? thanks, Ed Foote RPT http://www.uk-piano.org/edfoote/index.html www.uk-piano.org/edfoote/well_tempered_piano.html
This PTG archive page provided courtesy of Moy Piano Service, LLC