If you can get someone to take it away at no cost to you, that's a win.

Anonymous wrote:I will be inheriting an 8' Schimmel grand piano signed by Nikolaus Schimmel, the founder's son, that cost $45,000 new in 1992. I was a serious pianist back them and picked it out because I loved the action of the keys and how bright it sounded. Is a piano always a depreciating asset, or would this be worth a good amount?

Definitely call pianocraft about something like that. But you may also want to ask the company that’s been tuning it. Pianoctaft told us that the biggest factor is whether it’s been regularly tuned so they have a bias towards pianos they have tuned on a regular schedule themselves.

My daughter plays piano. Electric pianos have taken over the entire low end and mid range market. High end grand pianos are the only exception at the moment.

Anonymous wrote:I will be inheriting an 8' Schimmel grand piano signed by Nikolaus Schimmel, the founder's son, that cost $45,000 new in 1992. I was a serious pianist back them and picked it out because I loved the action of the keys and how bright it sounded. Is a piano always a depreciating asset, or would this be worth a good amount?

My guess is they're always a depreciating asset. Our tuner also said 40 years is a respectable lifespan for a piano, something about the amount of tension the board is under, they just don't last that long compared to other instruments, and eventually can't be tuned. A grand is obviously an even bigger hassle to move, but on the other hand people buy them for appearance/furniture, which is not the case for uprights.

Anonymous wrote:I will be inheriting an 8' Schimmel grand piano signed by Nikolaus Schimmel, the founder's son, that cost $45,000 new in 1992. I was a serious pianist back them and picked it out because I loved the action of the keys and how bright it sounded. Is a piano always a depreciating asset, or would this be worth a good amount?

I bought a piano back in 1985 and sold it five years later for $500 more and it was an old used piano (nothing great). It used to be in high demand but maybe not now. Not sure how things are now.

I will be inheriting an 8' Schimmel grand piano signed by Nikolaus Schimmel, the founder's son, that cost $45,000 new in 1992. I was a serious pianist back them and picked it out because I loved the action of the keys and how bright it sounded. Is a piano always a depreciating asset, or would this be worth a good amount?

Anonymous wrote:

Anonymous wrote:If it's a quality piano it will sell. What type and year is it? Folks can help you. Most churches and schools either already have a piano or use a digital one.

It is a Yahama P22 in excellent condition. It is a beautiful black color satin finish. This is a great piano for beginners and intermediate. This is over $5k brand new.

It’s a lovely piano, but no resale value, unless you can find the individual buyer. If you want to know for sure, try Rick Jones. If they won’t offer you anything, you’re left with Craigslist/word of mouth.

Anonymous wrote:If it's a quality piano it will sell. What type and year is it? Folks can help you. Most churches and schools either already have a piano or use a digital one.

It is a Yahama P22 in excellent condition. It is a beautiful black color satin finish. This is a great piano for beginners and intermediate. This is over $5k brand new.

We bought a very nice piano from piano craft as a consignment. They do buy used pianos but I think it’s limited to nice ones. They actually had Harvey weinstein’s piano when we went to tour the store! We didn’t buy that one!

OP, tell us more info about the piano.

Anonymous wrote:If it's quality try Rick Jones Piano.

They will take a piano they sold as a trade in, only buy Steinway.

Invest in an electric hack saw.

No one is selling pianos anymore, OP.

Anonymous wrote:I gave a baby grand to a friend, who paid to have it moved.

As others have noted, unless it's a Yamaha, Bosendorfer, Steinway, Bechstein or similar, it'll be difficult to dispose of. Few people play acoustic pianos any more, and their weight and footprint further limit their appeal in contemporary homes.

This.

I also bought a piano thru craigslist and was very specific about what I wanted. The poster above was smarter than me because she asked questions upfront. Instead I went to over dozen different homes before finding a good one. Most of the pianos had not been tuned regularly (at least every 2 years). Some had been kept next to the fireplace or an exterior wall. One had a cracked sound board. A lot of them needed to be regulated on top of being tuned.