1897 S&S A

[Wimblees@aol.com]

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In a message dated 4/12/04 6:33:40 PM Central Daylight Time, 
okeyes@uidaho.edu writes:
With some regulation & voicing
this could be very serviceable.  However, as part of the inheritance, it
could also be completely rebuilt.  Given its remarkably good condition and
age, it may have some "historical/antique value", which modern rebuilding
would destroy. While it may be a better piano at the end of that process, it
may be a less valuable one in "antique" terms.

They also need a current valuation of the piano in its current condition for
tax purposes.  I am assuming a wholesale value with the view to a complete
rebuilding -- setting aside the subjective "antique" value.  Any thoughts
from all of you on this subject?

Thanks,

Otto
Otto

I would suggest that the piano be kept in it's original condition, until such 
time that it does indeed HAVE to be rebuilt. 

As far as value is concerned, one of the factors that would need to be 
considered is the location. How many people in Moscow, or the surrounding area, are 
in a position to buy a 1897 S&S A? If the piano is advertised nationally, the 
transportation factor needs to be considered. 

Any instrument is worth what it is, in it's current condition. Start from the 
point that a potential buyer wants it for their own use, not as an investment 
for speculation. It wouldn't necessarily be a wholesale value, because, 
according to you, it is in very serviceable piano. 

So let's assume some wealthy person in Moscow wants to buy this thing. I 
don't know the market there, but if this was in the Northeast, I would think a 
piano like this would be worth about $20,000 -- $25,000. Subtract from that what 
you think it needs to make it better, but without replacing parts, or 
refinishing the case, and subtract what you think is the economic difference between 
the Northeast and western Idaho. 

Hope this helps. 

Wim 

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