Directory of Used Piano Prices
The prices are ballpark figures stated in U.S. Dollars and are based on market values based on comparisons of used pianos, advertised on the web by technicians, private parties, music stores teachers, auctions and liquidations. Values are certified through research in Directories of the Music Industry such as, The Presto Piano Buyers Guide, The Pierce Musical Instrument Atlas, The Bluebook of Pianos, Encyclopedia of Musical Instruments and and the Piano Times Newspaper. Additional Research is available by request for Older Makes, Models, Sizes and Descriptions not shown at no cost to you. This is a public information service of the Bluebook of Pianos.
BLUEBOOK OF PIANOS AMERICAN STANDARD DEFINITION OF TERMS
The Bluebook of Pianos has adopted the following definitions to help clarify the level of repairs on a piano. 1. "A used piano that has been disassembled, inspected, repaired as necessary with replacement of all worn or deteriorated parts, reassembled, tested and approved to at least the tolerances of a new piano of like manufacture is said to have been rebuilt. 2. A used piano that has been put back in good condition by cleaning, repairing and adjusting for maximum performance with replacement parts where specifically indicated is said to have been reconditioned." The labor-intensive work required to rebuild a piano properly is not inexpensive. Therefore, a rebuilt piano should be purchased because of its merits, not purely as a money-saving measure compared to a new instrument. See: Rebuilding for restoration costs. We have adopted the following designations to identify the condition of an instrument.1. R & R = Rebuilt and Refinished 2. Refurbished = Reconditioned 3. The age of an instrument is considered as a part of the condition. Excellent Under 10 Years - Good 10 to 20 Years - Fair Over 20 Years
CMV: "CURRENT MARKET VALUE"1. Reflects the wholesale or current market value of a piano after all repairs have been made. 2. This is not the amount you paid for or the amount allowed in trade. 3. This is the actual amount the instrument is worth, it does not include additional moving or other make ready. FMV LISTS: Valuations reflect both wholesale and retail prices paid by dealers at auction and retail prices in retail piano stores. The age of an instrument is not a consideration, prices shown are for vertical pianos made after 1960, pianos older than that should receive additional scrutiny by buyer. In the case of Grand Pianos worth rebuilding, the age could be 100 + years, condition will still determine the value. ‑ Fair Market Value Keep in mind that these are only guidelines to help you determine whether a particular piano you're looking at is priced fairly Actual selling prices may vary widely. These prices are based upon overall quality of a given line of pianos, based on controlled use tests, expert judgments, and experience.
OLDER USED PIANO PRICE GUIDELINES:
There are a few things you should know before you buy or sell a used piano or even advertise your piano for sale, and some questions you should have the answers to before doing so. Dealer Wholesale is one half of prices shown below.
| Spinet Pianos | |
| Years old | Retail |
| Over 40 30-40 20-30 10-20 | $300-$800 $300-$1000 $500-$1800 $1500-$2000 |
| Value greatly depends on condition and the make of the piano. | |
| Console Pianos | |
| Years old | Retail |
| Over 40 30-40 20-30 10-20 | $300-$1000 $500-$2000 $500-$3000 $1500-$4000 |
| Value greatly depends on condition and the make of the piano. | |
| Studio Upright Pianos | |
| Years old | Retail |
| Over 40 30-40 20-30 10-20 | $500-$1500 $800-$2000 $1300-$4000 $1500-$5000 |
| Value greatly depends on condition and the make of the piano. | |
| Upright Pianos | |
| Years old | Retail |
| Over 50 30-50 20-30 10-20 | $0-$2500 $500-$2000 $3000-$6000 $4000-$8000 |
| Value greatly depends on condition and the make of the piano. | |
| Upright Player Pianos | |
| Years old | Retail |
| Over 40 30-40 20-30 10-20 | $500-$1500+ $1000-$2000+ $3000-$8000+ $4000-$10000+ |
| Value greatly depends on condition and the make of the piano. | |
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Copyright (c) 2015 by The Bluebook of Pianos. This information is provided "as is" without express or implied warranties. While every effort has been taken to ensure the accuracy of the information contained in this article, the maintainer assumes no responsibility for errors or omissions, or for damages resulting from the use of the information contained herein.