What Is My Piano Worth? (TOP 5 Tips)

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 monetary value of an antique upright piano?

  • An antique piano is one that has been in continuous use for at least 100 years. Antique pianos, like antique books, aren’t worth a lot of money merely because they’re old. They’re more like antique furniture. In reality, these antique instruments may be valued virtually nothing at all in today’s market. The majority of antique upright pianos are worth $500 or less if they are in excellent condition.

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.

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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.

How do I tell what kind of piano I have?

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.

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.

Do old pianos have any value?

Although many ancient pianos are useless in the absence of sentimental value, according to Gist, a top-name brand such as a Steinway will keep its value well. Because a piano has hundreds of moving components, it is a time-consuming and specialized business to restore it. It might take up to 70 hours to just clean a piano.

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What does a piano serial number tell you?

Your piano’s serial number identifies the (1) age of your piano, the (2) year of manufacture of your piano, as well as (3) the circumstances surrounding the production of your piano, such as the factory’s history, the manufacturing processes, and the ownership and oversight of the company that manufactured your piano.

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.

How can I tell if my piano keys are ivory?

Try to find an ultraviolet flashlight. Keep your hand above the piano keys. It is possible to tell that the keys are made of ivory if the keys reflect either a dazzling white or a violet-blue color when illuminated. Artificial materials, such as resins or plastics, will have an entirely different response than natural materials.

How do you date a Chickering piano?

The serial number of your Chickering piano, just like any other piano, is the most accurate and precise way to determine its age. However, this procedure is not without its difficulties and risks. The most frequently encountered problem is the inability to locate the exact serial number.

How can I tell if my piano is an antique?

The serial number of your Chickering piano, like any other piano, is the most accurate and exact way to determine its age. However, this strategy is not without its difficulties and dangers, as you will see below. Most frequently encountered challenge is identifying an exact match to a certain serial number.

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What are old pianos called?

The pianoforte was the name given to the first instrument created by Cristofori in the 16th century (or in Italian: clavicembalo col piano e forte, meaning harpsichord that can play normally and more strongly). However, it was not until 1732 that the term “piano” became more widely used, when the designation pianoforte was reduced.

Where is my piano serial number?

The serial number, which is usually four to eight digits long, is most typically found around the tuning pins, either written directly on the plate or etched in the wooden pinblock and visible via a cut-away piece of the plate.

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