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#1938915 - 08/07/12 06:30 PM QUESTION ABOUT SAMICK PIANO
sun1 Offline
Junior Member

Registered: 08/07/12
Posts: 4
I have a limited budget of no more than $3500. I'm looking for a baby grand piano. I found a 1987 black ebony Samick that is in excellent condition. Almost new, barely played.

My daughter is 6 and has only been taking lessons a year. I can get the piano for $3300 with a one year warranty. Do you think this is a good purchase for my situation and budget? I know it is not a top of the line piano but will it work for her needs for the next 10 years of lessons or is it a complete waste of money? HELP PLEASE!!


Edited by sun1 (08/07/12 06:33 PM)

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#1938928 - 08/07/12 06:55 PM Re: QUESTION ABOUT SAMICK PIANO [Re: sun1]
Minnesota Marty Offline

Platinum Supporter until October 5 2014


Registered: 05/15/12
Posts: 7439
Loc: Rochester MN
Welcome to Piano World!

I'm going to be blunt. I wouldn't buy any Samick from 1987. Period. Expecting it to last for 10 additional years is a long shot.

At $3,500 you will be able to find a better, used, small grand which is of much higher quality. You can find something from this century.

Keep looking and you will do a lot better.
_________________________
Marty in Minnesota

It's much easier to bash a Steinway than it is to play one.

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#1938932 - 08/07/12 07:04 PM Re: QUESTION ABOUT SAMICK PIANO [Re: sun1]
musica71 Offline
Full Member

Registered: 04/04/08
Posts: 426
Loc: Bend, Or.
I agree with Minn. Marty. Look around,do you have anyone knowledgeable that can help you???
_________________________
Musica 71

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#1938935 - 08/07/12 07:11 PM Re: QUESTION ABOUT SAMICK PIANO [Re: sun1]
Minnesota Marty Offline

Platinum Supporter until October 5 2014


Registered: 05/15/12
Posts: 7439
Loc: Rochester MN
Thinking about it more, that would probably be the new price in 1987. That might even be a high guess.

I you tell us where you are located, we might be able to offer additional help.
_________________________
Marty in Minnesota

It's much easier to bash a Steinway than it is to play one.

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#1938936 - 08/07/12 07:13 PM Re: QUESTION ABOUT SAMICK PIANO [Re: Minnesota Marty]
sun1 Offline
Junior Member

Registered: 08/07/12
Posts: 4
I know it was built in korea by schumann in 1987 if that helps more...

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#1938953 - 08/07/12 07:55 PM Re: QUESTION ABOUT SAMICK PIANO [Re: sun1]
Guapo Gabacho Online   content
Full Member

Registered: 01/23/11
Posts: 495
Loc: Rio Grande Valley of Texas
I would offer about $2,500, a Korean built Samick isn't all that bad at that price IMHO.
_________________________
'86 Baldwin SF-10

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#1938967 - 08/07/12 08:14 PM Re: QUESTION ABOUT SAMICK PIANO [Re: Minnesota Marty]
Derulux Offline
5000 Post Club Member

Registered: 06/06/05
Posts: 5446
Loc: Philadelphia
Originally Posted By: Minnesota Marty
Welcome to Piano World!

I'm going to be blunt. I wouldn't buy any Samick from 1987. Period. Expecting it to last for 10 additional years is a long shot.

At $3,500 you will be able to find a better, used, small grand which is of much higher quality. You can find something from this century.

Keep looking and you will do a lot better.

I probably wouldn't either. My parents have a Samick from the early 90's and it's not the greatest.

I do know of a couple tools that can help you figure out the depreciation schedule for pianos, courtesy of others here at pianoworld who introduced me to them:
Piano Prices: http://www.pianobuyer.com/spring12/241.html
Depreciation: http://www.pianoworld.com/value4.htm
_________________________
Every day we are afforded a new chance. The problem with life is not that you run out of chances. In the end, what you run out of are days.

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#1938986 - 08/07/12 08:59 PM Re: QUESTION ABOUT SAMICK PIANO [Re: Guapo Gabacho]
Minnesota Marty Offline

Platinum Supporter until October 5 2014


Registered: 05/15/12
Posts: 7439
Loc: Rochester MN
Originally Posted By: Guapo Gabacho
I would offer about $2,500, a Korean built Samick isn't all that bad at that price IMHO.



IF it were built in 2006!
_________________________
Marty in Minnesota

It's much easier to bash a Steinway than it is to play one.

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#1939001 - 08/07/12 09:16 PM Re: QUESTION ABOUT SAMICK PIANO [Re: Minnesota Marty]
Derulux Offline
5000 Post Club Member

Registered: 06/06/05
Posts: 5446
Loc: Philadelphia
Originally Posted By: Minnesota Marty
Originally Posted By: Guapo Gabacho
I would offer about $2,500, a Korean built Samick isn't all that bad at that price IMHO.



IF it were built in 2006!

Really, they've depreciated that much?
_________________________
Every day we are afforded a new chance. The problem with life is not that you run out of chances. In the end, what you run out of are days.

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#1939006 - 08/07/12 09:20 PM Re: QUESTION ABOUT SAMICK PIANO [Re: sun1]
sun1 Offline
Junior Member

Registered: 08/07/12
Posts: 4
Thanks all!!

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#1939009 - 08/07/12 09:24 PM Re: QUESTION ABOUT SAMICK PIANO [Re: sun1]
gnuboi Offline
2000 Post Club Member

Registered: 04/26/10
Posts: 2349
Loc: USA
Quote:
Really, they've depreciated that much?


Private sale? Sure. There was a nice YC Pramberger just a tad older that sold for less.


Edited by gnuboi (08/07/12 09:25 PM)

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#1939024 - 08/07/12 09:49 PM Re: QUESTION ABOUT SAMICK PIANO [Re: sun1]
beethoven986 Offline
3000 Post Club Member

Registered: 01/20/09
Posts: 3457
Originally Posted By: sun1
I have a limited budget of no more than $3500. I'm looking for a baby grand piano. I found a 1987 black ebony Samick that is in excellent condition. Almost new, barely played.

My daughter is 6 and has only been taking lessons a year. I can get the piano for $3300 with a one year warranty. Do you think this is a good purchase for my situation and budget? I know it is not a top of the line piano but will it work for her needs for the next 10 years of lessons or is it a complete waste of money? HELP PLEASE!!


Without knowing more about the piano, no one can say. However, Samick can be a nice piano; Overs Pianos, of Australia, used acoustic bodies from Samick to make their own high-end custom pianos.... I'm unsure if they still are using bodies from Samick, or if they have switched to total manufacture. The point is, the pianos have potential.
_________________________
B.Mus. Piano Performance 2009
M.Mus. Piano Performance & Literature 2011
PTG Associate Member
Certified Dampp-Chaser installer

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#1939043 - 08/07/12 10:35 PM Re: QUESTION ABOUT SAMICK PIANO [Re: sun1]
Minnesota Marty Offline

Platinum Supporter until October 5 2014


Registered: 05/15/12
Posts: 7439
Loc: Rochester MN
It was an entry level piano then and it's now 25 years old. I did some digging and the list price in 1987 was ~$6K for a 5'-1" which is no longer produced. The MSRPs on new SIG-50's and SIG-54's are only in the $12-14K range.

This is not a Baldwin M1.

Does anyone really think that a piano, nothing like the ones built today, still holds over 50% of its value? We're not talking about one of the great builders here. It was an entry level piano then and it still is.

I've got a low mileage bridge to sell. Wanna buy it?

_________________________
Marty in Minnesota

It's much easier to bash a Steinway than it is to play one.

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#1939362 - 08/08/12 01:44 PM Re: QUESTION ABOUT SAMICK PIANO [Re: Minnesota Marty]
Guapo Gabacho Online   content
Full Member

Registered: 01/23/11
Posts: 495
Loc: Rio Grande Valley of Texas
Originally Posted By: Minnesota Marty
I've got a low mileage bridge to sell. Wanna buy it?



"They may call me a rube and a hick, but I'd a lot rather be the man who bought the Brooklyn Bridge than the man who sold it." -Will Rogers
_________________________
'86 Baldwin SF-10

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#1939511 - 08/08/12 06:44 PM Re: QUESTION ABOUT SAMICK PIANO [Re: sun1]
Rickster Online   content


Registered: 03/25/06
Posts: 8686
Loc: Georgia, USA
Originally Posted By: Guapo Gabacho
"They may call me a rube and a hick, but I'd a lot rather be the man who bought the Brooklyn Bridge than the man who sold it." -Will Rogers

Shouldn't that be "I'd a lot rather be the man who sold the Brooklyn Bridge than the man who bought it." ??? smile

Rick
_________________________
Piano enthusiast and amateur musician: "Treat others the way you would like to be treated". Yamaha C7. YouTube Channel

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#1939532 - 08/08/12 07:20 PM Re: QUESTION ABOUT SAMICK PIANO [Re: Minnesota Marty]
bajabill Offline
Full Member

Registered: 06/27/12
Posts: 86
Loc: mid USA
Originally Posted By: Minnesota Marty
It was an entry level piano then and it's now 25 years old. I did some digging and the list price in 1987 was ~$6K for a 5'-1" which is no longer produced. The MSRPs on new SIG-50's and SIG-54's are only in the $12-14K range.




where do you find historic new-piano prices?

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#1939542 - 08/08/12 07:41 PM Re: QUESTION ABOUT SAMICK PIANO [Re: bajabill]
Minnesota Marty Offline

Platinum Supporter until October 5 2014


Registered: 05/15/12
Posts: 7439
Loc: Rochester MN
Pierce Piano Atlas
_________________________
Marty in Minnesota

It's much easier to bash a Steinway than it is to play one.

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#1939545 - 08/08/12 07:48 PM Re: QUESTION ABOUT SAMICK PIANO [Re: Rickster]
xorbe Offline
500 Post Club Member

Registered: 07/31/12
Posts: 573
Loc: Mt View, CA
Originally Posted By: Rickster
Originally Posted By: Guapo Gabacho
"They may call me a rube and a hick, but I'd a lot rather be the man who bought the Brooklyn Bridge than the man who sold it." -Will Rogers

Shouldn't that be "I'd a lot rather be the man who sold the Brooklyn Bridge than the man who bought it." ??? smile

Rick


The quote is about being ignorantly honest, and not slyly dishonest ...


Edited by xorbe (08/08/12 07:49 PM)

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#1939578 - 08/08/12 08:53 PM Re: QUESTION ABOUT SAMICK PIANO [Re: Minnesota Marty]
bajabill Offline
Full Member

Registered: 06/27/12
Posts: 86
Loc: mid USA
Originally Posted By: Minnesota Marty
Pierce Piano Atlas


Thanx, I may pick up a copy of this. I need a history lesson on pianos before I buy one.

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