<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=iso-8859-1"> <META content="MSHTML 6.00.6000.16414" name=GENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=#ffffff> <DIV><FONT face=Moderne>List,</FONT></DIV> <DIV><FONT face=Moderne size=2>    I've been asked to evaluate a Steinway D to determine value.</FONT></DIV> <DIV><FONT face=Moderne size=2>This is a piano that was attached in a bankrupcy proceding and is being held in storage by a trustee (Lawyer) who needs to attach a dollar value to this piano.The trustee mentioned that the owner has expressed interest in buying the piano back.</FONT></DIV> <DIV><FONT face=Moderne size=2>    </FONT></DIV> <DIV><FONT face=Moderne size=2>    The piano is an ebony D 1967 .</FONT></DIV> <DIV><FONT face=Moderne size=2>    In my opinion although playable this piano is rebuilding stock.</FONT></DIV> <DIV><FONT face=Moderne size=2>    </FONT></DIV> <DIV><FONT face=Moderne size=2>    Case good condition .</FONT></DIV> <DIV><FONT face=Moderne size=2>    </FONT></DIV> <DIV><FONT face=Moderne size=2>    Plate has that bronzy-crinkle finish I've seen on  S and S piano's from the mid             sixties.</FONT></DIV> <DIV><FONT face=Moderne size=2>    Soundboard has compression ridges and poor sustain you know where.</FONT></DIV> <DIV><FONT face=Moderne size=2>    Pinblock so-so --tunable but not rock solid.</FONT></DIV> <DIV><FONT face=Moderne size=2>    Rusty strings .</FONT></DIV> <DIV><FONT face=Moderne size=2>    Mold in evidence on understring felt, around bridge pins and in the action.</FONT></DIV> <DIV><FONT face=Moderne size=2>    Action is pre teflon but WAY out of regulation.</FONT></DIV> <DIV><FONT face=Moderne size=2>    Action parts are free with moderate wear</FONT></DIV> <DIV><FONT face=Moderne size=2>    Keytops show evidence of poor recovering. The sides of the keys have been             narrowed  and the notches are not square. worn bushings and balace rail holes .</FONT></DIV> <DIV><FONT face=Moderne size=2>    </FONT></DIV> <DIV><FONT face=Moderne size=2>    Anyway you get the picture here.</FONT></DIV> <DIV><FONT face=Moderne size=2></FONT> </DIV> <DIV><FONT face=Moderne size=2>    This piano is playable and could be improved with keywork- regulation etc. but really needs re-everything to reach performance level .</FONT></DIV> <DIV><FONT face=Moderne size=2>    A new keyset seems necessary given the above detail</FONT></DIV> <DIV><FONT face=Moderne size=2>    </FONT></DIV> <DIV><FONT face=Moderne size=2> </FONT></DIV> <DIV><FONT face=Moderne size=2>    I see three options here.</FONT></DIV> <DIV><FONT face=Moderne size=2>    </FONT></DIV> <DIV><FONT face=Moderne size=2>    1. Piano is sold to an entity to play as is with some regulation etc.</FONT></DIV> <DIV><FONT face=Moderne size=2>    </FONT></DIV> <DIV><FONT face=Moderne size=2>    2. Piano is sold to an entity ( performance venue ?) for rebuilding </FONT></DIV> <DIV><FONT face=Moderne size=2>    </FONT></DIV> <DIV><FONT face=Moderne size=2>    3. Piano is sold to a technician as spec. piano.</FONT></DIV> <DIV><FONT face=Moderne size=2>    </FONT></DIV> <DIV><FONT face=Moderne size=2>    4 . I use the depreciation schedule in Larry Fine's  book and plug in      the current list price and the percentage of value based on age .</FONT></DIV> <DIV><FONT face=Moderne size=2>    The problem with this option as I see it is the poor condition factor</FONT></DIV> <DIV><FONT face=Moderne size=2>    </FONT></DIV> <DIV><FONT face=Moderne size=2>    So my good friends  your opinions on these options as to dollar value or any other insight will be as alway's appreciated.Give me a model B and I'll have an idea on these questions but I'm lost on this one.</FONT></DIV> <DIV><FONT face=Moderne size=2>    Tom Driscoll RPT</FONT></DIV></BODY></HTML>