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The Lester Piano Company of Philadelphia made pianos for decades, and the Betsy Ross Spinet was their most famous product. Based on the serial number, your piano was built in 1960.
Older pianos do not have any value based on their being old. This is because the parts wear out and must be replaced. People who buy pianos are not collecting them; they are buying them to play.
Also, pianos that have not been regularly tuned, will not hold a tuning.
So, older pianos that have not been restored are at a disadvantage in the market.
Assuming this piano has been fully restored, fair market (private sale or auction) value of approximately $800, depending on location and actual condition. IF it has not been restored or regularly tuned, its current far market value is approximately $250.
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