This Virtual Piano Appraisal is designed for those of you who would like to know the approximate value of your piano.
If you want to save a lot of time in this process, invest the small amount of time to watch this brief video:
YOU WILL NEED TO GATHER THIS INFORMATION in order to properly describe the piano to a potential buyer or professional Piano Appraiser whether the Piano has value or not. I GUARANTEE that the time you spend will give you valuable insight as to what your piano value may be, and help you decide whether or not the piano has enough value to warrant paying for an appraisal.
You are basically identifying:
1. What it is. Name, Age, Serial Number, Model, Size and Type. Read on from this point if you are not sure.
2. Condition. Will it hold a tuning? Does it need a lot of work? Does it warrant spending the money on an appraisal? You will learn what to look at… and what to look for… HERE. This will not make you a piano expert, but it will tell you if the piano may have major problems.
If you are selling your piano and have any of the following records, find them. If you are buying a piano, ask for them.
Service Records: Has the piano serviced on a regular basis? Tuning receipts are proof the piano has been well maintained. This will also give the buyer/seller a professional contact to verify the condition and therefore the value of the piano.
Original Purchase Price: If you know it, this will help determine its present value, giving you a starting point in the appraisal formula you will soon find at the end page of this information.
Restored Pianos: A receipt for the work performed is vital to determining the value. It tells us who did the work, what was done, how well it was done, and how long we can expect it to last, all vital factors in determining value.
The condition of the cosmetics will enhance the value of any piano, but the value has much more to do with the interior workings. What would you pay for a beautifully shined used car that needed a new engine and transmission?
If you have no records, and the piano has not been maintained, the condition will need to be verified in order to determine the piano’s value. But first, we need to know more about the piano itself.
Pianos that may still be valuable even in poor condition
Name Brand: You may own a world class name piano, such as Steinway. Even in the worst condition, most Steinway Grand pianos will sell for thousands of dollars, but how many thousands is going to be determined by the pianos condition. Other names of valuable pianos would include: Mason and Hamlin, Boosendorfer, Bechstein, Baldwin, Blunther, Sauter, to name only a few. A quick web search will reveal if your piano’s name alone carries value. If the piano has a name which carries such value, a Professional Appraisal would be well worth it. CLICK HERE or continue…
Ornate or Unusual Case Design: If your piano is very ornate with carvings and inlays, or a very unusual case design, this can make the piano more valuable no matter what the name of the piano is.
This example below is common Winter Spinet piano normally worth very little, but the ornate carvings and inlays on the case give it much more value than an ordinary case.
Let’s get started! What kind of piano to you have?