The price that pianos command or Гўв‚¬Е“the going priceГўв‚¬Вќ AKA Гўв‚¬Е“market priceГўв‚¬Вќ is indeed variable and region specific. IГўв‚¬в„ўve mentioned this before, and I think it is relevant to this topicГўв‚¬В¦ Your thoughts, fellow lovers of things, 'piano'? With the web allowing us to see prices across the country (easily enough with Searchtempest and eBay), and even internationally (through Google and other search engines), 'informed' buyers can get an idea of asking prices from sellers to determine a range that could be desirable.ДЄnd of course, there are guides like Larry Fine's, quoted here on PW, http:/ / value3.htm, and others to help. With Steinways I have observed another variation on price to that of regional - and that variation I would call 'informed' vs. Looking at Craigslist postings around the country using shows some pretty significant differences in prices for used pianos in general - less so for Steinways - arguably one of the most desirable choices. Then there are regional price variations, at least in the used market. At its simplest, the market price is whatever somebody is willing to pay that a seller is willing to accept. Ultimately, at least in my opinion, what a piano is worth boils down to what I would call the 'Market Price'. Factors that could influence retail price would be the same that influence 'demand', e.g., how desirable is an instrument? how affordable is the instrument? Retail prices are some positive multiple of the wholesale price. Perhaps there is some negotiation that takes place with high volume or high prestige dealers of which I am unaware (not being in the industry in that way). To the best of my knowledge, wholesale prices for new pianos are determined by the manufacturers. a piano's 'value' is a combination of the price and, beyond the context of price, the benefit to the buyer from owning it It's worth $90,000, but the most I can get for it is.

I would argue to the contrary, but then we get into 'I've got this great piano. Some might argue that we need to add,'.and a seller will accept'. If you know others, please add them to the list.ДЄt its simplest, it seems to me that any specific piano is 'worth' whatever a buyer will pay for it. Here are some of the terms I've seen used in this context: After reading through the recent thread concerning the prices of (assumed to be equal in condition) Mason & Hamlin 'BB' vs Steinway 'B' piano, I did a search here on PW as well as the larger internet on the phrase 'What is my piano worth' as well as 'determine the value of my piano', and the results made me think that a discussion of terms was in order.