[pianotech] Monetary evaluation

[David Love]

I concur that it's difficult right now to establish values because the
economy is skewing things to the low side.  Regional differences are also at
play though in your area it's probably similar to San Francisco.  My recent
experience suggests that an M of that vintage in primo condition would do
well to sell for $25,000 - $28,000 right now.  This one falls far short of
that though you haven't really said what it sounds like and whether the
belly work is serviceable.  When you factor in changing the action,
restringing (even if you keep the original board which is questionable),
damper upgrade, C+ case, I'd put the value certainly under $10,000.  My
approach is always to assume you are advising the buyer, not the seller.  

David Love
www.davidlovepianos.com


-----Original Message-----
From: pianotech-bounces at ptg.org [mailto:pianotech-bounces at ptg.org] On Behalf
Of Denise Rachel
Sent: Saturday, February 20, 2010 7:10 AM
To: Tech List
Subject: [pianotech] Monetary evaluation

Hello List,

I am having trouble estimating the monetary value of pianos lately.  For
many years I had logical formulas for arriving at a reasonable figure, but
those methods no longer serve.  The influx of PSO and our regrettable
economic situation have skewed the field.  I know of far more pianos for
sale than people looking for them right now, too.

The piano in question is 1929 S&S model M.  Board and bridges adequate.
Restrung in 70's with poor wire.  Original block with size 3 pins.  Original
action  --   sluggish to the point of being unplayable.  Case refinished in
ebony, but done carelessly.

I'd welcome your opinions of this instrument, but even more valuable would
be to know your thought process.

Also, I'd like to know exactly what years they impregnated the center pin
bushings.  Just curious, they're easy enough to spot.

Thanks . . . 

Denise