<!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 6.00.2600.0" name=GENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=#ffffff> <DIV><FONT face=Arial size=2>Hey Terry,</FONT></DIV> <DIV><FONT face=Arial size=2></FONT> </DIV> <DIV><FONT face=Arial size=2>In the past, I've just called the = Steinway dealer, who happened to be my former mentor and good buddy.  He gave me = both figures, new and current condition (after I described them to him, = of course.)  Besides doing this for my own piano, I was called upon to = do the same by the vice-president for finance at the university I worked for.  That's when the financial administration took notice of the = value of Steinways and how they hold there value (or appreciate).  The = university ended up using the pianos as collateral on a loan!</FONT></DIV> <DIV><FONT face=Arial size=2></FONT> </DIV> <DIV><FONT face=Arial size=2>Barbara Richmond, RPT</FONT></DIV> <DIV><FONT face=Arial size=2>somewhere near Peoria, IL</FONT></DIV> <DIV> </DIV> <DIV> </DIV> <DIV> </DIV> <DIV>----- Original Message ----- </DIV> <BLOCKQUOTE dir=ltr style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; = BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px"> <DIV style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: = black"><B>From:</B> <A title=mfarrel2@tampabay.rr.com href="mailto:mfarrel2@tampabay.rr.com">Farrell</A> </DIV> <DIV style="FONT: 10pt arial"><B>To:</B> <A = title=pianotech@ptg.org href="mailto:pianotech@ptg.org">pianotech@ptg.org</A> </DIV> <DIV style="FONT: 10pt arial"><B>Sent:</B> Monday, November 24, 2003 = 9:13 AM</DIV> <DIV style="FONT: 10pt arial"><B>Subject:</B> Insurance = Appraisal</DIV> <DIV><BR></DIV> <DIV><FONT face=Arial size=2>A customer of mine has asked me to do = an appraisal of his 1950s Steinway M for insurance purposes. Piano is in good condition. I have not done this before. I would imagine = he is looking for two, or one of two values: Replacement cost of a new = piano, and/or replacement cost of a comparable piano (price being consistent with = what a dealer might ask for a similar piano).</FONT></DIV> <DIV><FONT face=Arial size=2></FONT> </DIV> <DIV><FONT face=Arial size=2>Anyone able to offer any = guidance?</FONT></DIV> <DIV><FONT face=Arial size=2></FONT> </DIV> <DIV><FONT face=Arial size=2>Terry Farrell</FONT></DIV></BLOCKQUOTE></BODY></HTML>