[pianotech] help with Baldwin L appraisal value

John Formsma formsma at gmail.com
Mon Feb 1 21:02:21 MST 2010


List,

I'm writing up a market value appraisal for a 1985 satin ebony Baldwin L
grand. Would appreciate any input on the following.

It's in reasonably good mechanical condition. No obvious problems, other
than what we've come to expect as features on Baldwin grands.

There are some finish issues, which I think might cost up to $800 to repair
to look fairly nice. Small chips and some cracking developing on the top of
the stretcher.

1 mm of crown at the longest rib; none elsewhere. Positive bearing.

Bridges OK, some minor checking in places. Sound is typical Baldwin, with
sustain of 7 seconds at C6, 3-4 seconds at C7,

Tuning pins tight, as expected. Most steel strings are coated lightly with
rust, more at the bass end, less at the treble. All string coils are lightly
rusted, except in the very treble section. This is the kind of rust that
looks bad, but wouldn't necessarily affect tone or cause string breakage. It
looks like it was in a damp environment for a while (comes from Florida
originally).

The action is in good condition -- not excessive wear. Would benefit from
minor reconditioning (cleaning, polishing key pins, hammer reshaping) and
regulation.

According to Larry Fine's depreciation schedule and a 2008-2009 price of a
new L at $40K, an "Average" Baldwin L would be valued roughly at $13,600.
However, with the rust and finish issues, my "gut" tells me a more realistic
market value would be somewhere between $7-8.5K.

Input?

-- 
JF
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