With a typical appraisal service, you’ll also be informed of exactly what sort of mechanical condition your piano is in. The insurance replacement value of the piano will likely be much higher than the actual resale value. You’ll also need to be clear when working with the tuner that you are hoping for the resale value of the piano, not just the insurance value. Finding a tuner that works with a local dealer or sells pianos themselves might be helpful. Sometimes tuners can be very familiar with working on pianos, but a little less familiar with retail values. Working with piano tuners in assigning value can be a little tricky. This will be a service that you will need to pay for, and the going rate varies depending on the tuner you are working with, and whether you would like a verbal or written appraisal. Another helpful route in determining the value of your piano would be to have a piano tuner / technician come out to appraise the piano. It would probably be a good idea to call a second or even a third dealer to make sure you’re getting a fairly accurate consensus. During this phone call you can also ask what sort of ballpark price they might be willing to purchase or consign the piano from you at. If you approach your conversation with the store casually and politely, and let them know upfront that you are hoping to sell the piano on the private market and would like to know their opinion of private market value, they will probably give you a fairly honest and accurate answer. If you have a piano that is on the newer side of the equation, call your local piano dealer and ask what they think the piano would be worth on the private market. With newer pianos (20 years and newer) it’s a little more straight forward to determine resale value than with vintage or antique pianos. There are two ways that are most helpful in getting an accurate estimate on piano value, The value of a specific piano model can vary dramatically depending on the condition of the piano, the finish of the piano or even the region of the country that the piano is located. There are several factors that weigh in when trying to determine the resale value of a piano. This is a bit of a loaded question, and there is an element of subjectivity to it, but the first thing you’ll need to establish is the price you are going to aim to sell your piano for.
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What is your piano worth? - How to determine the value of your piano.
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