Appraisal

[Farrell]

Assuming the restoration was recent, I should think the only value
applicable in a case such as this is "replacement value". Take the value of
an unrestored similar square and add to it the cost of a similar
restoration. Somewhere in the $10,000 range? Kinda neat about the tech
signatures.

Terry Farrell
Piano Tuning & Service
Tampa, Florida
mfarrel2@tampabay.rr.com

----- Original Message -----
From: "Barbara MAshburn" <PSFInc@worldnet.att.net>
To: <pianotech@ptg.org>
Sent: Monday, July 17, 2000 4:22 PM
Subject: Appraisal


> Dear List,
>
> I came across a Mathushek square grand 1870. It had been completely
restored
> from complete action and Belly work to refinishing the case. The
restoration
> was excellently done and the walnut case was ornate and inspiring. What
was
> interesting was when I pulled out the action, every technician that had
> worked on it had signed the keybed starting from 1880. One entry read,"
> $10.00 received for one year storage - July 10,1891 - Vincensio Lucasi."
The
> piano had other Italian references from when it was in Italy.
>
> Now the customer wants an appraisal as to the value. She realizes that
most
> Squares are more decorative than functional but she needs it for insurance
> purposes. I could use some input from the list.
>
> Thanks,
>
> Ed Mashburn, RPT
>
>