In addition, when considering a used piano being sold by a private, non-commercial seller, keep in mind that many such sellers really have no firm idea of how much their piano is worth, and have made up something based on little more than a wish. Art being what it is, beauty is in the eye and ear of the potential purchaser, and values are very much subjective. As if this weren’t enough, it’s almost a certainty that no two piano technicians or piano salespeople would return exactly the same verdict on any given piano’s value. Prices of used pianos vary wildly, depending on local economies, supply and demand, and the cosmetics and playing condition of the instrument at hand, including the amount and quality of any restoration work done.
The valuation of used pianos is difficult.