Unfortunately, the ignorant value is more often than not what the piano actually sells for. For every piano, there is what I would call an “informed value” and an “ignorant value.” The informed value takes into account the technical quality and condition of the piano, whereas the ignorant value does not, being based primarily on how the piano case looks (if even that). Piano prices vary greatly depending on the locale and the particular situation.The value of a piano also depends very much on how knowledgeable the seller and potential buyers are. Ultimately, something is worth only as much as someone will pay for it. Much of the information here is from The Piano Book by Larry Fineįor a great source of additional information check out our Piano Forums today!
To help you determine the value of your piano. While the main points are still valid some of the prices will have changed. Please note, this article was written back in 2009. Helping You Determine the Value of A Piano