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MMD > Archives > June 2005 > 2005.06.30 > 04Prev  Next


Declining Prices & Declining Interest
By Bruce Grimes

Now and then, when things get tough, you fold inward and hope to
keep together until things get better, like the last time the
Aeolian/American perforators survived.

Then a bunch of us, possibly fueled by nostalgia from various TV
series, fell in love with the Roaring Twenties.  With it, in many
cases, came a desire for a piano like Grandpa's.  For me the love
for that contraption was there first, but who cares.

I'm about to put $100,000 into a restoration of a "D" Steinway
(some butcher/moyel/"technician" slashed its front end off).  I'm 60.
I can't take that "D" piano to the grave with me.  Right now I'm
rebuilding a 1933 Sheridan Stroud for one nephew, and another one
wants a Duo-Art grand too.  They've been pushing me hard, they're the
ones insisting.

So, as many of us die off the prices will decline.  Pianos will get
junked, and fabulous collections will go cheaply, but I believe it
will come around again -- deja vue all over again.

Bruce Grimes


(Message sent Thu 30 Jun 2005, 15:16:52 GMT, from time zone GMT-0400.)

Key Words in Subject:  Declining, Interest, Prices

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