How much is a 40 year old upright piano worth?
| Upright Player Pianos | |
|---|---|
| Years old | Retail |
| Over 40 30-40 20-30 10-20 | $500-$1500+ $1000-$2000+ $3000-$8000+ $4000-$10000+ |
| Value greatly depends on condition and the make of the piano. |
What is the value of an upright 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.
How can I tell if my piano is an antique?
The most accurate way to determine the specific age of your instrument is by cross-referencing the brand name with the serial number. There are a handful of historical publications that can be used to cross-reference brand names with serial numbers in order to determine specific dates of manufacture.
What can I do with an old upright piano?
You may want to go to the local classified boards, or classified ad sites such as craigslist or Gumtree. More often than not, someone will be willing to take your piano off your hands for you. Offer it to them as sold as seen with local pickup only.
How much is a piano worth?
SO – What’s my piano worth?
| Piano Type | Age | Approximate Value Range |
|---|---|---|
| Steinway & Sons | 40+ years | $1,000- $15,000 “shell value” |
| Steinway & Sons | 5-10 years | Around 80% of new $60,000 to $90,000 |
| Steinway & Sons | 10-20 years | 60-70 % of new $45,000 to $70,000 |
| Steinway & Sons | 20-30 years | 50% of new $40,000 – $60,000 |
What can I do with my old upright piano?
Here’s how you can properly get rid of your old piano:
- Determine is your broken piano is beyond repair – if it can be fixed, it may have more value being donated.
- Check to see if your local trash or junk removal service, charities, and recycling facility accepts pianos or offers piano disposal service.
How much is a 20 year old piano worth?
Do pianos go down in value?
From a financial perspective (excluding instruments with special historical or artistic value), pianos are a depreciating asset. They depreciate quickly for the first few years and then slowly thereafter. They may eventually appear to appreciate in value, but the appreciation is entirely due to inflation.