Mechanical Music Digest  Archives
You Are Not Logged In Login/Get New Account
Please Log In. Accounts are free!
Logged In users are granted additional features including a more current version of the Archives and a simplified process for submitting articles.
Home Archives Calendar Gallery Store Links Info

End-of-Year Fundraising Drive In Progress. Please visit our home page to see this and other announcements:     Thank you. --Jody

MMD > Archives > July 2004 > 2004.07.02 > 09Prev  Next

Value of Steinway OR Duo-Art Grand
By John A. Tuttle

Hi All,  According to the reference book, "Official Price Guide to
Music Collectibles", Sixth Edition, last published in 1986, a Steinway
Duo-Art Grand, Model OR, Italian Renaissance art case style, c. 1929,
was valued at $8,500-$10,500 in 'unrestored' condition.

A Steinway Duo-Art c. 1922. Style OR, 6'6", turned double legs,
matching bench, was valued at $6,000-$8,000 in 'unrestored' condition.
A Steinway Duo-Art Grand, Model OR, art case, Louis XVI, fluted carved
legs, 6'5" was valued at a flat $10,000, while the same model in a
mahogany case was valued at $3,500-$4,400 (unrestored).  (Bear in mind
that these prices are as of 1986.)

My reason for providing all of this seemingly unnecessary information
along with the seemingly pertinent information (as it relates to Robert
Lemon's question in a recent posting) is to show that it is extremely
difficult to come up with a truly realistic figure when it comes to the
value of even the finest instruments.  Fair-market value, replacement
value, and current resale value often vary by thousands of dollars.

My recommendation to anyone who is trying to sell a high-end player
piano is to start at a ridiculously high price and negotiate a sale
price.  At a recent auction, an art case Steinway Duo-Art, identical
in appearance to the one pictured at the web page listed below, in
restored and complete working condition, sold for just $6,900.00.
That being the case, it would seem that the value of the unrestored
instrument in question would be around $5,000 tops.

John A Tuttle
Brick, New Jersey, USA

(Message sent Fri 2 Jul 2004, 16:00:18 GMT, from time zone GMT-0400.)

Key Words in Subject:  Duo-Art, Grand, OR, Steinway, Value

Home    Archives    Calendar    Gallery    Store    Links    Info   

Enter text below to search the MMD Website with Google

CONTACT FORM: Click HERE to write to the editor, or to post a message about Mechanical Musical Instruments to the MMD

Unless otherwise noted, all opinions are those of the individual authors and may not represent those of the editors. Compilation copyright 1995-2023 by Jody Kravitz.

Please read our Republication Policy before copying information from or creating links to this web site.

Click HERE to contact the webmaster regarding problems with the website.

Please support publication of the MMD by donating online

Please Support Publication of the MMD with your Generous Donation

Pay via PayPal

No PayPal account required

Translate This Page