One thing that has not been mentioned yet concerning the damaged
Chickering is that there are plenty of reproducing pianos available,
including Chickerings, Steinways, etc., for very little money.
A buyer can choose from many instruments including ones that have
no serious problems.

Any piano from the 1920s that has not been restored or rebuilt
will need a lot of work, but you can at least avoid one that has
major damage.  Many uprights still have good pinblocks and sound
boards.  It is also possible to buy a piano that has been partially
or completely restored.  Piano prices are very low now but labor
costs are high.  A wary buyer can take advantage of this contrast.

Just because you own a piano, it might not be the one to sink money
into.  A little patience may turn up a better candidate.  Of course,
save the player components in case a good stripped piano turns up.
You could even rebuild the parts while waiting for the better piano.

Best regards,
Spencer Chase
http://www.spencerserolls.com/