Steinway value?

[Richard Anderson]

In the Chicago market my rule of thumb for rebuildable Steinways used to be
about 10% of new list price. In the last few years that has gone up to 20%
with a premium for those in original condition. It's getting harder to find
Steinways that haven't already been resomethingoranothered.

Richard Anderson

> From: "Owen J Greyling, RPT" <greyco@kingston.net>
> Reply-To: pianotech@ptg.org
> Date: Sat, 29 Jan 2000 14:59:06 -0500
> To: pianotech@ptg.org
> Subject: Steinway value?
> 
> List, (especially Canadian's)
> 
> Steinway L,  circa 1904
> original washed out, faded mahogony..veneer fair shape.
> needs a soundboard, pinblock, and action rebuild.
> very worn, and well used piano
> 
> I have to do a rebuilding estimate and appraisal of this piano on Monday.
> 
> Would anybody who has significant experience with this type of piano, hazard
> an "as is" appraisal value ?  ...Not pie in the sky, but what a good
> rebuilding shop would be normally willing to part with to aquire this sort
> of 'used-to-be-musical instrument.'
> 
> Thanks,
> Owen (Southern Ontario in Canada)
> 
>