<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META content="text/html; charset=iso-8859-1" = http-equiv=Content-Type> <META content="MSHTML 5.00.2919.6307" name=GENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=#ffffff> <DIV> <DIV>I like these. I'll take a shot.</DIV> <DIV> </DIV> <DIV><FONT face="Andale Mono">1. What's it worth as is?</FONT></DIV> <DIV>What is salvage value of the instrument? Ebony D - Hmmmmm - 1905 is = good era - maybe $10,000? Case sounds like it is shot. Action sounds like it = is shot. Both these get Zero value added. 15 year old belly work that is sorta OK = - (I'll assume bridges were NOT recapped and soundboard is original???) maybe = add $2,000 (not really worth even that much, but if it is working OK, it'll give = the owner a little time before they NEED to address the belly - I suppose that is = worth something). So there you have it. $12,000 - pretty much salvage value = (look for other input on salvage value of this era model - I am NO expert).</DIV> <DIV> </DIV> <DIV><FONT face="Andale Mono">2.What's your guess on price of = reconditioning the action?</FONT></DIV> <DIV>I'll assume you have the glued flange type backaction - YUK! A = grand for the back action (check with Renner on price). For the rest of the NEW = action (everything except keys, action frame, stack frame) about $2,500 to = $3,000. (Make SURE action geometry is right-on first!)</DIV> <DIV> </DIV> <DIV>"wants the piano to play as one would expect from a well repaired = and maintained Steinway" May I ask, why settle for mediocre? I would HIGHLY = suggest that a world-class instrument such as this get nothing less than a full = Stanwood Touchweight Design installation. You don't necessarily need to do the = wippen springs (unless you want that advantage). Add perhaps $1,200 for wippen-springless Stanwood (get quote from David - and oh, please don't = settle for less).</DIV> <DIV> </DIV> <DIV><FONT face="Andale Mono">3.What's it going to be worth when it is = completed?</FONT></DIV> <DIV>After the action work, or after ten more years when the piano gets = a new board, Sanderson bass strings, new bridges, and a complete refinish? If = we are just talking after the action work, take the $12,000 salvage value and = add the value of the action improvements. Although, my guess is that the value = might be quite a bit more if you do the Stanwood installation and the prospective = purchaser is a high-end pianist - they would likely fall in love with it = and pay anything!</DIV> <DIV> </DIV> <DIV>Please someone write more on this and correct all my mistakes and oversights!</DIV> <DIV> </DIV></DIV> <DIV>Terry Farrell<BR>Piano Tuning & Service<BR>Tampa, Florida<BR><A = href="mailto:mfarrel2@tampabay.rr.com">mfarrel2@tampabay.rr.com</A></DI= V> <BLOCKQUOTE style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: = 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px"> <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV> <DIV style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: = black"><B>From:</B> <A href="mailto:tunenbww@clear.lakes.com" title=tunenbww@clear.lakes.com>Paul</A> </DIV> <DIV style="FONT: 10pt arial"><B>To:</B> <A = href="mailto:pianotech@ptg.org" title=pianotech@ptg.org>pianotech@ptg.org</A> </DIV> <DIV style="FONT: 10pt arial"><B>Sent:</B> Wednesday, December 06, = 2000 11:28 PM</DIV> <DIV style="FONT: 10pt arial"><B>Subject:</B> 1905 Steinway D</DIV> <DIV><BR></DIV> <DIV><FONT face=Arial size=2>List</FONT></DIV> <DIV><FONT face=Arial size=2>The local Bible College has a 1905 = Steinway D. It was restrung about 15 years ago. That work is passable. The case was refinished, but the results looks best from about 50 feet. About all = that was done was fill the dents, spray it with black lacquer, and rub it down = over the orange peel. Possible budget constraints played a part. The College = is  OK with the case and restringing and are now looking at reconditioning = the action. I suggested they start with the key frame and replace just = about everything to get past all the makeshift repairs from the past years = of service. This should include the back action and dampers. The person = in charge of the instrument has some technical background as well as performance = skills and wants the piano to play as one would expect from a well repaired = and maintained Steinway. He asked me what the piano is currently worth and = what it would be worth after the work was completed. There are not many of = these around here, so I don't know what to tell him.</FONT></DIV> <DIV> </DIV> <DIV><FONT face=Arial size=2>Basically, the work that has been = recently done i.e. the belly work, bridge work, and restringing is OK but = cosmetically tacky. Same for the case. The action needs the works. The keytops have = been replaced and that is a first rate job. So, here's my = questions:</FONT></DIV> <DIV><FONT face=Arial size=2>1. What's it worth as = is?</FONT></DIV> <DIV><FONT face=Arial size=2>2.What's your guess on price of = reconditioning the action?</FONT></DIV> <DIV><FONT face=Arial size=2>3.What's it going to be worth when it = is completed?</FONT></DIV> <DIV> </DIV> <DIV><FONT face=Arial size=2>I understand the variables that play = into this, but a ball park is what they are after.</FONT></DIV> <DIV> </DIV> <DIV><FONT face=Arial size=2>Thanks for your input.</FONT></DIV> <DIV> </DIV> <DIV><FONT face=Arial size=2>Paul = Chick</FONT></DIV></BLOCKQUOTE></BODY></HTML>