How Much Is My Piano Worth? (Solution)

So, what do you think my piano is worth?

Piano Type Age Approximate Value Range
Steinway Sons 5-10 years Around 80% of new $60,000 to $90,000
Steinway Sons 10-20 years 60-70 % of new $45,000 to $70,000
Steinway Sons 20-30 years 50% of new $40,000 – $60,000
Yamaha/Kawai/Samick

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What is the price of an upright piano, exactly?

  • Upright pianos may be utilized in a variety of settings, and their prices range from as little as $1,000 to as much as $100,000 or more. In appearance, an upright piano appears to be a straightforward instrument.

How do I find out how much a piano is worth?

If you’re looking for a fair market value for a secondhand piano or other consumer item, appraisers will often utilize three separate ways to estimate it: similar sales, depreciation, and idealized value less the cost of restoration.

Are old pianos worth any money?

Pianos and organs dating back to the 1800s can be worth anywhere from a few hundred dollars to several tens of thousands of dollars. It is critical that sellers understand the true difference in value between a restored instrument and an unrestored instrument when negotiating with buyers.

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Is there a blue book for pianos?

The Bluebook of Pianos is a great reference tool for anybody who owns or is considering purchasing a piano. In the next section, following an illustrated description of piano construction that explains the workings of both grand and upright pianos, the book provides thoughtful recommendations for acquiring a new or secondhand piano.

How old is my piano serial number?

The serial number may be to the right or to the left of the center, or it may be in the center. 2) Under the opening lid on the ledge, stamped on a little plate to the right or left, is the location of the second clue. Stamped on the back of the piano, towards the top of the wooden frame, is the third option.

Which pianos hold their value?

Which pianos hold their value or appreciate the most over time? The most valuable pianos are usually grand pianos. This is mostly due to the fact that they are so pricey that they are seen as a prized asset. Steinway pianos are often the most costly, and they also have the best track record of holding their value over time.

Why are old pianos worthless?

The most valuable or appreciating pianos are as follows: The most valuable pianos are often grand pianos. Because they are so pricey, they are seen as a valuable item, which is a contributing factor. Steinway pianos are among the most costly on the market, yet they also tend to keep their value the best over the long term.

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Is a 100 year old piano worth anything?

Older pianos, like antique books, are not worth a lot of money just because of their age. Antique pianos, on the other hand, are pianos that are at least a hundred years old. In reality, depending on the brand and condition of the instrument, these antique instruments may be worth very nothing at all.

Are the ivory keys on a piano worth anything?

Older pianos, like antique books, are not worth a lot of money simply because they are old. Antique pianos, on the other hand, are pianos that are at least a hundred years old. However, depending on the brand and condition of the instrument, some antique instruments may be worth very nothing at all.

Can you sell old ivory piano keys?

In the mid-1950s, the American piano industry voluntarily discontinued the use of ivory as a key covering material and replaced it with plastic. Individuals and dealers shall not be authorized to purchase, sell, or accept in exchange ivory-keyed pianos unless the ivory has been removed from the piano prior to the item being transported.

How Much Is a Story and Clark upright piano worth?

While many Story Clark pianos seen today are newer and do not require repair, older versions from the early twentieth century and late nineteenth century might be worth $500-1,000 if they are not restored.

How can I tell how old my piano is?

To see over the keyboard area, open the lid and gaze above it. Look at either corner of the room in front of the soundboard. Keep an eye out for it around the inner plate holes, or perhaps it’s in one of those circular stamps into the soundboard. It is possible that the number will be imprinted under the piano.

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How do you tell what year a piano was made?

In order to calculate the age of your piano, you will need two things:

  1. The name of the piano’s manufacturer. Please keep in mind that some pianos will have more than one manufacturer’s name on them. The serial number of the piano (NOT the model number) is important. On a vertical piano, open the top and have a look inside to get the serial number.

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