The latter is what someone is willing to pay for your piano. Many will confuse the Asking Price with Market Value. If you are in that category(fully depreciated rehab or no rehab but your piano is still playable), you will find that asking prices for Chickerings are more in the $1000-$3000 range. Some will argue that a rehab that is older than 10 years is fully depreciated for technological reasons.
If you are trying to sell quickly, you must attmpt to price your instrument so that you will compete effectively for the attentions of the next buyer that comes on the market.īased on what I have learned from this forum a rehab that is older than 20 years is fully depreciated. We are in a market that has many sellers and very few buyers. But I know one or two things about pricing and economics.
Http:/ / agesc.htm#CHICKERING%20&%20SONS.įor disclosure purposes, I have no experience in determining the quality of a piano.
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