Appraisal

[Lance Lafargue]

I believe Larry Fine says that it would be worth approximately 80% of the
cost of a new one.  They sell for around $5000 trashed here, $12-15,000
restored w/out block and board replaced, and about $20,000 rebuilt.  Our
market here is relatively small and depressed.  We can go to Houston or
Dallas and the price goes up a few thousand.  The L retails for $41,100 now
and probably usually sells for about $32,000.  One of my customers got a
new ebony L a few weeks ago for $27,000.  
Lance Lafargue, RPT
New Orleans Chapter
Covington, LA.
lafargue@iamerica.net

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> From: robert sadowski <rls@ncinter.net>
> To: pianotech@ptg.org
> Subject: Appraisal
> Date: Monday, August 18, 1997 7:59 AM
> 
> Dear List,
>      While we're on the subject of attaching values to old Steinways,
could
> I have some opinions on my model O-completely rebuilt-new pinblock,SB,
> bridges, action,keywork and top notch lacquer job on red mahogany.  I'm
> thinking about selling and I don't see many pianos like this being bought
> and sold around here. I'd appreciate any feedback.
> Thanks,
> Bob Sadowski RPT
> Erie,PA.