It’s been tuned, regulated, and thoroughly tested to meet every standard that pianists desire. The piano is fresh out of the factory with no previous owners. Right away a new Steinway piano is always going to win this challenge. While Steinway pianos are considered by many to be the best of the piano brands, any piano that’s been poorly maintained will always fetch a lower price. For example, the same seller is selling a 1950 Steinway B for $59,000! Condition Of The Instrument In some cases, the older more “antique” Steinway pianos cost more than those made in the last 20 years. Compared to today’s price for a Steinway B, the piano would cost $108,000.ĭoing the math it’s easy to see that the seller is charging around 46% of the original price for a piano that is 15 years old. The older the piano is, the cheaper it will be, however, those rates still rise.įor example, a simple Google search for a used Steinway will bring up a 2004 Steinway model B for $49,500. Used Steinways typically sell for a certain percentage of their counterpart model. This helps the prices stay competitive, but also is not the best for consumers. As the price of today’s Steinways increases, the price of a used Steinway will also increase.
The market has a great impact on new Steinways, but it’s actually more impactful on used Steinways. This has a lot to do with the condition of the piano, whether it’s a state of the art design, or even if it has Steinways Spirio technology built-in. In some situations, smaller pianos may actually fetch a bigger price than the bigger ones. Especially piano manufacturers like Bosendorfer and Stuart and Sons who make pianos as large as 10’3″ in length! This is not just the case for Steinway, but also for other piano dealers. It already takes a long time to build a piano, so adding more size increases that time. Naturally, the price will be higher to accommodate for that. Bigger pianos provide much more tone, and aesthetically they look better. The bigger the instrument, the more wood materials, action parts and labor required to build that piano.
Size really does play a part in the final price of a Steinway piano. Generally speaking, custom or limited edition Steinway pianos are going to cost significantly more than a standard satin or ebony finish.
Some of the more unique and more expensive finishes include Indian Rosewood, Macassar Ebony, Dark Cherry, and Kewazinga Bubinga. There are even special models that come in unique finishes like polished white, finishes with unique engraving, encrusted precious stones, and much more. Now, compare that price to a new Steinway D made with a Mahogany finish that runs at $200,000. The Piano Finish Affects The Priceįor example, a Steinway D in a basic Polished ebony or Satin finish costs around $171,100. Even more so, the average price of a Steinway is greatly affected by the size of the piano and what materials are used in the finish. If you’ve ever been to a piano showroom or even shopped online for a Steinway piano, you might notice the prices vary greatly. In addition to being one of the most recognizable piano brands in the world, Steinway pianos are also built extremely well.īelow is a complete Steinway piano prices chart for each of their models (including vertical pianos) Steinway Piano Prices Upright & Grand PianosĪn Updated List Of Steinway Piano Prices Factors That Affect The Price Of Steinway Pianos Steinway pianos are very expensive pianos, although not nearly as expensive as some of the luxury pianos from Fazioli or Bosendorfer. Interested in quality digital pianos for easy learning? You can find them by clicking here#ad A Breakdown Of Steinway & Sons Grand Pianos