Denise This is a case of what you're looking for. Are you looking for the value of the piano as is, for a potential buyer who wants to restore the piano, or at least get it playing? Or are you looking for the price of what the piano will sell for, for the person who wants to sell the piano. Or are you looking to give a bid to want to buy the piano for spec? For the buyer, you should consider the cost of total restoration. If that person wants to buy the piano, and keep it indefinitely, the piano should be worth in the neighborhood of $10,000. If you're trying to get a price of what the piano will sell for, you might say to the customer it's worth $15,000, but in our current economic situation, he should take he best offer. The market will usually set the price. If you're considering buying the piano yourself, it all depends on how much you want it, and how much money you have. Make an offer, and see if the customer will sell. You might be able to pick it up for as little as $5000, if the customer is desperate enough for the money. Willem (Wim) Blees, RPT Piano Tuner/Technician 94-505 Kealakaa Str. Mililani, Oahu, HI 96789 808-349-2943 www.Bleespiano.com Author of: The Business of Piano Tuning available from Potter Press www.pianotuning.com -----Original Message----- From: Denise Rachel <pp-ff at verizon.net> To: Tech List <pianotech at ptg.org> Sent: Sat, Feb 20, 2010 5:09 am Subject: [pianotech] Monetary evaluation Hello List, I am having trouble estimating the monetary value of pianos lately. For many ears I had logical formulas for arriving at a reasonable figure, but those ethods no longer serve. The influx of PSO and our regrettable economic ituation have skewed the field. I know of far more pianos for sale than people ooking for them right now, too. The piano in question is 1929 S&S model M. Board and bridges adequate. estrung in 70's with poor wire. Original block with size 3 pins. Original ction -- sluggish to the point of being unplayable. Case refinished in bony, but done carelessly. I'd welcome your opinions of this instrument, but even more valuable would be to now your thought process. Also, I'd like to know exactly what years they impregnated the center pin ushings. Just curious, they're easy enough to spot. Thanks . . . Denise -------------- next part -------------- An HTML attachment was scrubbed... URL: <http://ptg.org/pipermail/pianotech.php/attachments/20100220/572165b5/attachment.htm>
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