How Much Is My Steinway Worth?
If you own a Steinway and want to know what it is worth, the honest answer is that it depends, mostly on condition and history rather than age. Here is how to get a realistic figure.
We are Yamaha specialists, not Steinway dealers, so we are not trying to buy your piano cheaply. This is straight guidance.
What decides the value
- Model and size. A larger grand, a B or a D, is worth more than a smaller S or M, all else being equal.
- Condition. The single biggest factor. Soundboard, action, tuning stability and case all count.
- Rebuilt or original, and with what parts. A rebuild with genuine Steinway parts adds real value; one with substitutes adds far less.
- New York or Hamburg, and age. Our serial number chart will date it.
Rough figures
Used Steinway grands cover a wide range, from a few thousand pounds for an older piano needing work, to tens of thousands for a well-restored one, and more again for newer or larger models. Our used price guide sets out the bands. Remember that what a dealer pays, the trade price, is less than the retail figure you see advertised, because they carry the cost, the risk and any restoration.
How to get a proper valuation
Send clear photos, the model and the serial number to a reputable piano dealer or an independent technician, ideally two, and compare. Someone who has seen the piano in person will give the most reliable figure.