Trade-in prices

[A440A at aol.com]

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