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<p class=MsoNormal style='margin-left:.5in'><font size=2 =
face=Tahoma><span
style='font-size:10.0pt;font-family:Tahoma'>-----Original =
Message-----<br>
<b><span style='font-weight:bold'>From:</span></b> =
pianotech-bounces@ptg.org
[mailto:pianotech-bounces@ptg.org] <b><span =
style='font-weight:bold'>On Behalf
Of </span></b>J Patrick Draine<br>
<b><span style='font-weight:bold'>Sent:</span></b> </span></font><font =
size=2 face=Tahoma><span =
style='font-size:10.0pt;font-family:Tahoma'>Wednesday, July
23, 2003</span></font><font size=2 face=Tahoma><span =
style='font-size:10.0pt;
font-family:Tahoma'> </span></font><font size=2 face=Tahoma><span
style='font-size:10.0pt;font-family:Tahoma'>6:26 =
AM</span></font><font size=2
face=Tahoma><span style='font-size:10.0pt;font-family:Tahoma'><br>
<b><span style='font-weight:bold'>To:</span></b> Pianotech<br>
<b><span style='font-weight:bold'>Subject:</span></b> Re: falcone =
value</span></font></p>
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style='font-size:12.0pt'><br>
On </span></font>Wednesday, July 23, 2003, at 12:04 AM, Tom Driscoll =
wrote:</p>
<p class=MsoNormal style='margin-left:.5in'><font size=3 =
face="Times New Roman"><span
style='font-size:12.0pt'><?fontfamily><?param =
Arial><?smaller>List,<br>
<?/smaller><?/fontfamily><br>
<?fontfamily><?param Arial><?smaller>I need advice concerning value of a =
1986
6’1” Falcone grand. My client has asked me to find a =
buyer
but we seem to have over estimated value .An Advertisement @ 18K =
in a
majorBostonpaper received no response.</span></font></p>
<?/smaller><?/fontfamily>
<p class=MsoNormal style='margin-left:.5in'><font size=3 =
face="Times New Roman"><span
style='font-size:12.0pt'><br>
I can't offer a number either, but perhaps the client should consider =
computing
the piano's original purchase price against the depreciation schedule =
published
by Steve Brady (and I think used in Larry Fine's book as well). And then =
take
into consideration any aspects of the piano which may be less than =
perfect. Or
perhaps that's how you came up with your number in the first place?<br>
Patrick Draine</span></font></p>
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</span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span =
style='font-size:
10.0pt;font-family:Arial;color:navy'> =
Patrick,</span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span =
style='font-size:
10.0pt;font-family:Arial;color:navy'> =
I
use that schedule myself, but it uses the replacement cost as a =
benchmark to
depreciate from. As this piano is no longer in production the challenge =
is to
find the cost of a new piano that is close in design and performance =
and”
cache”.</span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span =
style='font-size:
10.0pt;font-family:Arial;color:navy'> =
Often
when you factor the increase in cost of lets say a Steinway M @ 15 to 20 =
years old,
and run the depreciation schedule (assuming good condition) the =
calculation
will give result in a dollar value very close to the original purchase =
price.</span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span =
style='font-size:
10.0pt;font-family:Arial;color:navy'> =
That
was my rational for the asking price but without result as I mentioned =
in my earlier
post.</span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span =
style='font-size:
10.0pt;font-family:Arial;color:navy'> =
Thanks
for the input Pat. See you soon.</span></font></p>
<p class=MsoNormal><font size=2 color=navy face=Arial><span =
style='font-size:
10.0pt;font-family:Arial;color:navy'> =
Tom
Driscoll</span></font></p>
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color=navy face=Arial><span
style='font-size:10.0pt;font-family:Arial;color:navy'> </span></fo=
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