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<div> John,<br>
<br>
I would advise trying to find out what dealers are buying them for, be
they grey market or made-for-US pianos. Then find out what
dealers are selling them for.<br>
<br>
I usually try to find out why the person is asking for an
appraisal. It could be for resale, or for insurance purposes, or
to get a value in a divorce situation. <br>
<br>
For insurance purposes, you want to give a replacement value for the
instrument. If the piano gets damaged or ruined, how much will it
cost to replace it with a similar instrument?<br>
<br>
For sale to a store, a wholesale value is more appropriate.<br>
<br>
For resale to a private party, give a close-to-retail type value, but
explain that a store will be able to offer more services--tuning,
moving, warranty--so they can't expect to get the price a store could
ask. Along with a thorough evaluation of the piano, this one
would also be what I'd recommend if you are looking at it for a
potential buyer.<br>
<br>
I'm sure I missed something, but I hope this helps.<br>
<br>
<br>
</div>
<div> </div>
<div style="clear: both;">Dave Stahl, RPT<br>
<br>
Dave Stahl Piano Service<br>
650-224-3560<br>
dstahlpiano@sbcglobal.net<br>
http://dstahlpiano.net/<br>
<br>
<br>
<br>
<br>
<br>
</div>
<div> </div>
<br>
-----Original Message-----<br>
From: johnsfsr@hotmail.com<br>
To: pianotech@ptg.org<br>
Sent: Thu, 12 Apr 2007 1:11 AM<br>
Subject: appraisals<br>
<br>
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<div class="MsoNormal"><font face="Arial" size="2"><span style="font-size: 10pt; font-family: Arial;">I have an appraisal coming up next week for a new client.
They have a Yamaha G3, 6 ft grand they want to sell. They bought it used 14
years ago. I feel confident in appraising its condition but feel uneasy in
giving a fair value for resale. I live in a market of mostly old uprights and
don’t see a lot of grands up for sale. Any thoughts on this particular
model or how to get better educated in this field? </span></font></div>
<div class="MsoNormal"><font face="Arial" size="2"><span style="font-size: 10pt; font-family: Arial;">Much appreciated,</span></font></div>
<div class="MsoNormal"><font face="Arial" size="2"><span style="font-size: 10pt; font-family: Arial;"> </span></font></div>
<div class="MsoNormal"><font face="Arial" size="2"><span style="font-size: 10pt; font-family: Arial;">John Pengelly</span></font></div>
<div class="MsoNormal"><font face="Arial" size="2"><span style="font-size: 10pt; font-family: Arial;">The Tuning Fork</span></font></div>
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