How much does a new Steinway O cost?

Steinway Pricing Table (Jan 2020)

Model Length Estimated Price (USD)
Model O 5ft 10in $70,000
Model A 6ft 2in $85,000
Model B 6ft 10in $100,000
Model D 8ft 11in $150,000

How much are old Steinways worth?

“A 10-year-old Steinway in good condition, usually sells for about 75 percent of the current retail price, which goes up about 4 percent each year.” “Over the past decade, the price on the classic Steinway Model B grand piano–currently $81,200–increased 48%, far outpacing the 29% rise in inflation.”

How much does the average Steinway cost?

The Steinway Model S costs $64,500. Their most popular concert grand piano costs roughly $171,000. In short, when averaging out the 9 most popular Steinway models made in New York, we come to the average price of $75,777.

How much is a new piano worth?

An upright piano costs between $3000 – $6500 on average. High-end upright pianos average around $10,000 – $25,000. Entry level grand pianos costs between $7000 – 30,000. High-end grand pianos such as Steinway, Bosendorfer, and Yamaha can cost between $65,000 – $190,000.

Are Steinway pianos a good investment?

Buying a Steinway is more akin to purchasing a piano that is also a work of art and craftsmanship itself. It is a good investment but it should not be considered the only option for best quality and overall performance.

Do Steinways hold their value?

With the exception of digital pianos, which do depreciate with age (because of advances in technology), most reputable pianos age well as long as they are properly cared for. Therefore, there is no evidence or market research to suggest that Steinways hold their value longer or better than other reputable brands.

Is Steinway to be sold to Chinese company?

Steinway has been sold for about $499 million and will again become a private company. The sale of the Steinway company comes at a time of ongoing slow business for Steinway in the United States, but strong demand in its Chinese and other Asian markets, where luxury pianos are … Before it’s here, it’s on the Bloomberg Terminal.

Why are Steinway pianos so expensive?

Whereas other top-tier pianos, often times dealers have to discount them some in order to be able to sell them. The Steinway name is so powerful because they essentially own the concert market. No other companies can support concert grands in every major city in the world. That’s a very expensive endeavor at $200,000 a pop!

Who owns Steinway and Sons?

– Listen: Life with Music & Culture – magazines – Rousseau – woodwind mouthpieces – Steinway & Sons Label – record label

How much does a Steinway upright cost?

The Steinway model 4510, which is an upright piano, costs about $35,000. This is the least expensive model for a brand new piano that Steinway offers. The Steinway Model S costs $64,500. Their most popular concert grand piano costs roughly $171,000.