Welcome to the Piano World Piano Forums
Over 2 million posts about pianos, digital pianos, and all types of keyboard instruments
Join the World's Largest Community of Piano Lovers (it's free)
It's Fun to Play the Piano ... Please Pass It On!

Gifts and supplies for the musician
SEARCH
the Forums & Piano World

This custom search works much better than the built in one and allows searching older posts.
Ad (Piano Sing)
How to Make Your Piano Sing
(ad) Pearl River
Pearl River Pianos
(ad 125) Sweetwater - Digital Keyboards & Other Gear
Digital Pianos at Sweetwater
(ad) Pianoteq
(ad) P B Guide
Acoustic & Digital Piano Guide
Who's Online
117 registered (accordeur, Anita Potter, Anne'sson, A Guy, ando, 36251, 37 invisible), 1673 Guests and 30 Spiders online.
Key: Admin, Global Mod, Mod
Quick Links to Useful Piano & Music Resources
Our Classified Ads
Find Piano Professionals-

*Piano Dealers - Piano Stores
*Piano Tuners
*Piano Teachers
*Piano Movers
*Piano Restorations
*Piano Manufacturers
*Organs

Quick Links:
*Advertise On Piano World
*Free Piano Newsletter
*Online Piano Recitals
*Piano Recitals Index
*Piano & Music Accessories
*Music School Listings
* Buying a Piano
*Buying A Acoustic Piano
*Buying a Digital Piano
*Pianos for Sale
*Sell Your Piano
*How Old is My Piano?
*Piano Books
*Piano Art, Pictures, & Posters
*Directory/Site Map
*Contest
*Links
*Virtual Piano
*Music Word Search
*Piano Screen Saver
*Piano Videos
*Virtual Piano Chords
(ad) Estonia Piano
Estonia Pianos
Topic Options
#2016812 - 01/18/13 04:49 PM What's my Steinway worth?
Devnor Offline
Junior Member

Registered: 01/18/13
Posts: 4
My father passed away recently, he was a piano teacher in the Ft Worth TX area. His piano is a 1985 Steinway B, 6' 10" artist piano, impeccably kept/tuned. I'm curious what you think it might be worth.

Mom needs the cash and I plan on keeping his 7' Yamaha grand when she passes away. This has always been the plan. Dad always thought I was not "artist" enough to deserve that Steinway. Must be those synthesizers and guitars I love to play.

Thank you for any input.

Top
(ads 568) Hailun Pianos

 

#2016815 - 01/18/13 04:54 PM Re: What's my Steinway worth? [Re: Devnor]
Steve Cohen Online   content
Yikes! 10000 Post Club Member

Registered: 05/26/01
Posts: 10523
Loc: Maryland/DC/No. VA
You should search online for other Steinway Bs from the 80s that are offered for sale. www.pianobuyer.com has classified ads (linked to PianoMart) that should have several "comps'.

Keep in mind that the prices asked on pianos you see are going to be somewhat above the market. If they were at the market, they would be sold.

Also keep in mind that dealers generally can sell for more than a private party, as they provide additional services and a warranty.
_________________________
Piano Industry Consultant- http://www.linkedin.com/pub/steve-cohen/6/b92/b80

Consultant & Contributing Editor - Acoustic & Digital Piano Buyer

Jasons Music
Maryland/DC/No. VA
Since 1937.

www.jasonsmusic.com
My postings, unless stated otherwise, are my personal opinions, not those of my clients.

Top
#2016821 - 01/18/13 05:13 PM Re: What's my Steinway worth? [Re: Devnor]
jawhitti Offline
Full Member

Registered: 08/01/12
Posts: 235
Have you tried googling "1985 Steinway B for sale". Doing so suggests 40-50k as a really rough estimate of "typical" asking prices.

The price you'll get is directly proportional to how long you are willing to wait to sell it though.

You might want to talk to a tech; it may be worth putting new hammers and/or a new action on it to help make it stand out in the crowd; it might equally be a complete waste of money. I'm not qualified to say, but at 30 years it's worth considering, especially if your father played a lot.


Edited by jawhitti (01/18/13 05:13 PM)

Top
#2016829 - 01/18/13 05:39 PM Re: What's my Steinway worth? [Re: jawhitti]
Devnor Offline
Junior Member

Registered: 01/18/13
Posts: 4
Mom already googled the 50K. I just can't see it selling for that, in this economy esp like you said with possible wear and other factors. He was a piano tech when he was younger and always maintained all 4 pianos. If something was up he would have fixed or otherwise taken care of it. Probably.

Top
#2016833 - 01/18/13 05:53 PM Re: What's my Steinway worth? [Re: Devnor]
carey Offline
6000 Post Club Member

Registered: 05/13/05
Posts: 6422
Loc: Phoenix, Arizona
Originally Posted By: Devnor
Mom already googled the 50K. I just can't see it selling for that, in this economy esp like you said with possible wear and other factors. He was a piano tech when he was younger and always maintained all 4 pianos. If something was up he would have fixed or otherwise taken care of it. Probably.


Seems a more reasonable asking price for a 28 year old Steinway B would be between $30 - $40K. And I've even seen some of that vintage on the internet with asking prices in the high 20s.
_________________________
YouTube channel - http://www.youtube.com/user/pianophilo

Top
#2016873 - 01/18/13 07:27 PM Re: What's my Steinway worth? [Re: Devnor]
Minnesota Marty Offline

Platinum Supporter until October 5 2014


Registered: 05/15/12
Posts: 7439
Loc: Rochester MN
First of all, how long has it been since it was tuned? Someone considering an S&S-B will not put up with less than a fresh tuning. It's just part of the marketing plan. To do the tuning, you might choose a qualified piano technician and do a full inspection and appraisal for a sale. Many techs provide the service, knowing your area, and can be located through the Piano Technicians Guild.

www.ptg.org

Good luck with the sale.

BTW - $44-48K would be my guess for a "B" in perfect condition.
_________________________
Marty in Minnesota

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

Top
#2016876 - 01/18/13 07:30 PM Re: What's my Steinway worth? [Re: Devnor]
jawhitti Offline
Full Member

Registered: 08/01/12
Posts: 235
Run it past your local dealers. Many of them will take pianos on consignment but they usuallly want about a 30% commision, I think. Even if you don't list with them they'll give you an idea of what to expect. You'll probably have better luck if you're in or near a large metro area.

In any case have a tech check it out. I'm kind of envious that you have such a Steinway - and you're looking to get rid of it! Nice problem to have...


Edited by jawhitti (01/18/13 07:52 PM)

Top
#2016884 - 01/18/13 07:43 PM Re: What's my Steinway worth? [Re: Devnor]
beethoven986 Offline
3000 Post Club Member

Registered: 01/20/09
Posts: 3360
It depends. A new satin ebony Steinway B in 2013 sells for $90,000 and a total factory-rebuilt model B is valued by the company at $76,000. Low 30's is an appropriate starting point, but you will need to have it properly evaluated for a more precise figure. Anything higher than $40,000 is just wishful thinking, IMO.

FWIW, consigning a piano at a dealer is usually not a good idea. They often use consigned Steinways to lead customers into their store, and then try to sell one of the brands they carry, instead.
_________________________
B.Mus. Piano Performance 2009
M.Mus. Piano Performance & Literature 2011
PTG Associate Member
Certified Dampp-Chaser installer

Top
#2016911 - 01/18/13 08:25 PM Re: What's my Steinway worth? [Re: Devnor]
LFL Offline
Full Member

Registered: 12/06/12
Posts: 72
In my recent piano search, I was offered a well-refurbished/reconditioned, approximately 1985, S&S B for around 40-45K. This was "refurbished" with Steinway parts, by a reputable, ex-Steinway technician. It was an excellent instrument. Just for comparison, then, I suspect yours may not be able to bring the 40K if it has not been at least "refurbished". I would not think you would need to consign it, unless it is too much of a hassle to sell it on your own, given that it is a Steinway, and even more because it is a popular model--the "B". I consigned a much lesser piano (compared to your Steinway) because I had to move; the dealer charged 40%....he did, however, sell it rather quickly.
_________________________
Shigeru Kawai SK5L

Top
#2018373 - 01/21/13 12:17 PM Re: What's my Steinway worth? [Re: LFL]
Devnor Offline
Junior Member

Registered: 01/18/13
Posts: 4
Thank you everyone for the input.

Top

Moderator:  Ken Knapp, Piano World, Rickster 
What's Hot!!

Trade Regrets:
Barry "Bear" Arnaut

(ad) Yamaha
Yamaha
Ad (Seiler/Knabe)
Knabe Pianos
(ad) HAILUN Pianos
Hailun Pianos - Click for More
(125ad) Dampp Chaser
Dampp Chaser Piano Life Saver
(ad) Lindeblad Piano
Lindeblad Piano Restoration
(ad) Piano Music Sale - Dover Publications
Piano Music Sale
Sheet Music Plus (125)
Sheet Music Plus Featured Sale
New Topics - Multiple Forums
Kawai CA95 - Any Firmware Updates
by McBuster
11/23/14 10:45 AM
Mozart sonata k.333, Mark C?
by Pover
11/23/14 09:54 AM
100 years old and music keeps her active
by Rich Galassini
11/23/14 07:45 AM
At 100 years old, she says music keeps her well
by Rich Galassini
11/23/14 07:36 AM
Chopin waltz in E minor (Op. Posth.) or Op.70/1
by Works1
11/23/14 06:22 AM
Forum Stats
77013 Members
42 Forums
159289 Topics
2339907 Posts

Max Online: 15252 @ 03/21/10 11:39 PM
Gift Ideas for Music Lovers!
Find the Perfect Gift for the Music Lovers on your List!
Visit our online store today.

Visit our online store for gifts for music lovers

 
Help keep the forums up and running with a donation, any amount is appreciated!
Or by becoming a Subscribing member! Thank-you.
Donate   Subscribe
 
Our Piano Related Classified Ads
|
Dealers | Tuners | Lessons | Movers | Restorations | Pianos For Sale | Sell Your Piano |

Advertise on Piano World
| Subscribe | Piano World | PianoSupplies.com | Advertise on Piano World | Donate | Link to Us | Classifieds |
| |Contact | Privacy | Legal | About Us | Site Map | Free Newsletter | Press Room |


copyright 1997 - 2014 Piano World ® all rights reserved
No part of this site may be reproduced without prior written permission