Thank you for your patience Chris. I have found 3 makers with various versions of the Schleicher name but only one with some details, although they are very basic records. The serial numbers stop at in 1931 with the number 95900 being the first number in that year so not near 231066.
It seems that they may have had a relationship with the Lester Piano Company and the serial number 231066 would date this piano in their records to 1953, so it is around 63 years old. This would fit in with the height of around 40 inches and it would be classed as a spinet piano.
This size of piano is now no longer made because the smaller size restricted the soundboard that could be fitted and thus the sound tends to also be restricted.
Pianos have a life of around 60 years due to the 'wear and tear' during use and the natural deterioration of the mechanical parts over time. This can be extended by regular tuning and maintenance and extensive restoration and/or re-building of the internal mechanics. The external finish whilst it may detract from or add to the sales potential of this piano does not affect the value a great deal.
Based on this piano being as originally built mechanically it will now have a value in the $400 to $600 range for a private sale.
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