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We have a used Samick 5'7" Grand Piano & would like to

Customer Question
We have a used...

We have a used Samick 5'7" Grand Piano & would like to determine its value.

Expert's Assistant: 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. Tell us what else you do know and the Musical Instrument Appraiser will be able to better assist you.

We bought it used from a Piano salesman in the early 1990's. It was approximately 7 years old at that time. A single owner. It has been sitting in our living room since that time. Model # SG-172

Expert's Assistant: Is there anything else the Musical Instrument Appraiser should be aware of?

It has never been tuned since we've owned it, but is in good working order.

Submitted: 7 months ago.Category: Musical Instrument Appraisal
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Answered in 1 minute by:
12/5/2017
Musical Instrument Appraiser: Tyler, MM, AAGO, Musician/Appraiser replied 7 months ago
Tyler, MM, AAGO
Tyler, MM, AAGO, Musician/Appraiser
Category: Musical Instrument Appraisal
Satisfied Customers: 6,401
Experience: Master's degree in Music. Member, AOA. http://pianoappraiser.weebly.com/
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Hi, I have completed thousands of instrument appraisals and will be happy to help with yours. *Please ignore phone call offers, I work online only.

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Musical Instrument Appraiser: Tyler, MM, AAGO, Musician/Appraiser replied 7 months ago

Samick pianos are relatively low priced compared to the majority of the other Asian pianos imported into the U.S. That is one consideration for value, as is the older age of the piano. All pianos depreciate in value as they age and they wear both cosmetically and mechanically.

Considering your description of the maker, size, described condition and age, I would recommend a selling range today of approximately $2,300-$3,000 in a private sale. Best wishes!

Please select a rating before leaving--I aim for five stars! This is how the website credits me, an independent appraiser, for completing this for you. Thank you!

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Customer reply replied 7 months ago
That seems very underpriced.
Musical Instrument Appraiser: Tyler, MM, AAGO, Musician/Appraiser replied 7 months ago

Underpriced compared to what? A new one sells for about $7,000 depending on the dealer. Yours is over 30 years old, which reduces the price compared to a new model.

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Musical Instrument Appraiser: Tyler, MM, AAGO, Musician/Appraiser replied 7 months ago

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Tyler, MM, AAGO
Tyler, MM, AAGO
Tyler, MM, AAGO, Musician/Appraiser
Category: Musical Instrument Appraisal
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