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Steinway Restoration
Visit the Steinway Restoration center at the Steinway factory to learn more about the greatest pianos ever made. Take a virtual tour of the factory! Find out why restoration is one of our busiest areas.
Virtual Tour |
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Should you have a Steinway piano in need of restoration, M. Steinert & Sons will be glad to take a look at the condition of your piano and determine what steps to take.
We also purchase Steinways in need of restoration for re-sale. Please contact a member of our sales staff if you are interested in selling a Steinway, or in purchasing a restored Steinway piano.
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Steinway Appreciation A Steinway piano is an incomparable creation - a unique achievement that sets the world standard for how a piano should look, play and sound. But a Steinway piano is also something more. It is a singularly inspired investment -- an instrument that combines the joy of musical perfection with the security and reassurance of financial appreciation. It is, quite simply, a treasured possession that grows in value over the course of time -- a rare and enduring creation which is handed down with pride from one generation to the next.
The Key to a Sound Portfolio According to Forbes, over the past ten years, the retail value of a Steinway concert grand has appreciated nearly 200%.* An impressive record, to be sure - but one that tells only part of the story.
The fact is, the appreciation of Steinway pianos is even more impressive when you look past the previous ten years - and take an historical look at appreciation over the past few decades. The numbers are nothing less than remarkable: Today, if the owner of a vintage Steinway grand decided to gauge the value of his or her piano on the open market, it is likely that the piano would command a price 4.3 times higher than the original retail cost.
Furthermore, Steinway vertical pianos (uprights) command a handsome resale value as well - selling, on average, at a price 2.2 times higher than their original cost. Of course, as interesting as these figures are, there is one important point to keep in mind: When you own a Steinway, you possess a timeless creation that is passed on with pride as a beloved family heirloom. No matter how financially precious your Steinway becomes, you will find that it is a treasure with which you do not wish to part.
An Investment That Performs By way of comparison, a Steinway piano outperforms such symbols of luxury as a Mercedes Benz. Visit the Steinway & Sons site to find out what other symbols of luxury are surpassed in investment by owning a Steinway piano.
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You can even determine how old your Steinway is by checking the Serial # against the list that Steinway & Sons keeps. Click here.
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