Is an old Steinway worth it?

With the exception of digital pianos, which do depreciate with age (because of advances in technology), most reputable pianos age well as long as they are properly cared for. Therefore, there is no evidence or market research to suggest that Steinways hold their value longer or better than other reputable brands.

How much is a 30 year old piano worth?

What is the value of a Steinway piano?

The cost of a new 5’1″ Steinway S piano is $69,700. Larger Steinway pianos like the 9′ model D cost $171,000. Smaller Steinway pianos like model A, B, L, M and O cost between $74,300 – $129,000. Used Steinway pianos average 48% of the current MSRP prices.

Are vintage pianos worth anything?

Like antique books, antique pianos are not worth a lot of money just because they are old. In actuality these old instruments may be worth very little at all. Most antique, upright pianos are worth $500 or less in very good condition.

Which Steinway model is best?

The largest in the range of Steinway’s grands, the model D is the #1 choice for many concert pianists with many believing this concert grand to be the pinnacle of performance pianos. “Once you start playing on a Steinway Model D, then you play differently.

How much is a decent piano?

An upright piano costs between $3000 – $6500 on average. High-end upright pianos average around $10,000 – $25,000. Entry level grand pianos costs between $7000 – 30,000. High-end grand pianos such as Steinway, Bosendorfer, and Yamaha can cost between $65,000 – $190,000.

Do Steinway pianos increase in value?

Steinways appreciate steadily at about 4% a year — better than some stocks, bonds and mutual funds — because the company raises its prices every year to maintain its renowned level of quality.

How big is a Steinway baby grand piano?

MODEL SERIAL NUMBERS DATES OF MANUFACTURE ACTUAL SIZE Model M First One # 149,500 Made in 1911 5′ 6″ 1914 5′ 6 &3/4″ 1918- 5′ 7″ Model S Baby Grand Piano First One # 280,900 Made In 1935- 5′ 1″

What is the serial number on a Steinway piano?

Steinway Serial Numbers represent the approximate ending serial number for the year of production for New York and Hamburg pianos. Please Note: Serial numbers for some early production may span more than one year.

Is the Blue Book of pianos protected by copyright?

Copyright © 2013 Bluebook of Pianos – Copyright laws exist to protect our intellectual property. They make it illegal to reproduce someone else’s expression of ideas or information without permission. At one time, a work was only protected by copyright if it included a copyright trademark (the © symbol).