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The Basics of Selling
and Shopping for a used Steinway in
coloradoOver the years I’ve discovered that
there can often be quite a bit of
confusion on the
part of prospective piano owners
regarding the price at which to
purchase a Steinway Vintage Piano. I
have also found that many owners are
unclear regarding how much cash they
should ask as for when selling their
heirloom. Before I proceed, I would
first like to conjecture as to the
meaning of the term, “vintage”
piano.
What does the term Vintage imply?
For me, the term vintage implies that the piano is not a new piano but that it is a piano
(as a special grape would be off the grapevine) that has been attended to and cared for over the years and due to its age and history, has perhaps some additional value beyond that which can be shown or represented, through the standard retail pricing scales. Pianos as a consumer item lend themselves to this kind of colorful “vintage” characterization more that most other consumer items that I can think of except for furniture antiques and cars.
Steinway FactsThe following facts, examples and rules of thumb are intended to give you a feel for the approximate values of varying vintage Steinway piano models.
1. Steinways are the benchmark of value and the ultimate name and manufacturer of consequence for all the pianos ever manufactured, past and present.
2. The theory is that a completely remanufactured standard model of Steinway Grand should be worth or cost about 80% of what a comparable or identical new model, cabinet finish, wood type, etc would cost.
3. The theory is that Steinways are always an excellent investment, always going up in value.
Models and Some Pricing
Information for New SteinwaysModel S is 5’1”.
Model M, 5’ 7” comes in Mahogany, Walnut, Ebony and Satin Finish and the price range for new runs from about 53K to 56 K.
Model O, 5’11” come in Mahogany, Walnut, Ebony and Satin, and cost from 53K to 66K.
Model A, 6’2”, Mahogany, Walnut, Ebony, 60K to 75K.
Model B, 6’11”, Mahogany, Ebony, Walnut, Satin, 67K to 84K.
Model D, 9’, Mahogany, Ebony, Walnut Satin, 99K to 120K.
The Pitfalls of Shopping for a
Steinway
Given all the encouraging statistics
and benchmarks for purchasing a
Steinway Piano, the average consumer
may think "what is there not to like
or I can't go wrong purchasing
a Steinway. That may be the case if
you are purchasing from an reputable
and ethical dealer, however I have
seen many people get burned in
purchasing used Steinways from
from other private individuals and
especially on EBAY.
The key to not getting burned is to
work with an experienced piano
tuner, (Piano Technician) in order
to determine the degree and extent
of restoration needed to bring it
back into new condition. In this
manner, you can calculate how much
the piano is really worth by
allowing for the money you will have
to put out. If the seller is
reasonable, he/she will work with
you in this process. If the seller
is not reasonable, then it is
probably for the best that you
continue look for your future used
Steinway elsewhere.
Related topics and linksColorado Dealers who sell
Steinways, new or used.
How does any of this information do me any good?
Selling a used Steinway grand piano in Colorado.
More about Steinway piano models and styles. |
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Pianos and
Keyboards
Musical Instruments
Print Music and Musical Gifts
(303) 233-4444
rockleymusic.com |
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Woods & Son
Piano Company
Sales and Service
14929 Harrison Street
Brighton, CO 80602
Pianos For Sale - New -
Pre-Owned - Rebuilt Vintage Pianos
Steinway - Mason & Hamlin - Petrof -
Blüthner - Yamaha - Förster
Complete Restoration Facility - Call
For Quote
Tuning and In Home Service
(303) 457-2361 or
(303) 507-1727
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