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twinb1201
twinb1201, Appraiser, Researcher
Category: Musical Instrument Appraisal
Satisfied Customers: 8337
Experience:  Classically trained musician with more than 20 years experience appraising musical instruments.
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I own a model Steinway piano # 81242 circa 1894. It was

Customer Question

I own a model B Steinway piano # 81242 circa 1894. It was completely rebuilt in 1981 by Acme Piano of Somerville, MA and the action redone by John Von Rohr who maintainsthe pianos for the Boston Symphony, Jor***** *****, Wellesely college, etc.). I am 82 years old and am leaving this instrument to the boarding school I attended in the 1950's. I need to establish its value.
JA: I love the notion of my brother's old guitar having a history and belonging to someone famous. Maybe you have something valuable or historical. Let's find out. Is there anything else important you think the Musical Instrument Appraiser should know?
Customer: I play this piano almost daily. It has a rich tone, the keyboard rebuild by John Von Rohr has gotten it close the Steinway's accelerated action. I play Beethoven and pop standards from days gone by. They sound wonderful.
Submitted: 4 months ago.
Category: Musical Instrument Appraisal
Expert:  twinb1201 replied 4 months ago.

Hello,

My name is ***** ***** I'm happy to help.

If your piano has been regularly tuned and has not yet worn out the previous restoration, and if it is in excellent cosmetic and musical condition, the current retail (replacement or insurance) value of your piano is approximately $28,000. If you were to sell it, you could expect to get the fair market (private sale or auction) value of approximately 40% of the retail amount or $11,200, depending on location and actual condition. The fair market value is the amount you can use as the charitable donation on your income taxes.

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Thank you so much!

Expert:  twinb1201 replied 4 months ago.

Hi,

I am just checking in to see if you have any additional questions about your item?
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