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Steinway Piano For Sale

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All pianos are the same, right? They all have 88 keys, some black and some white, a couple of pedals and a bench. But no, that's not all. Not all instruments are held to the same standards as a Steinway piano and it is for this reason that they are so popular. Solid craftsmanship and innovation are the backbone of the company. So what exactly is it that makes this instrument so special? A look into the evolution of the instrument and the company will tell you.



Family. History. Tradition. Craftsmanship. Innovation. These are the main elements that make up a Steinway piano.

A Story of Success

Henry Engelhard Steinway was a cabinetmaker born in Germany where he built his very first piano in his kitchen. As an immigrant in Manhattan, he formed the company Steinway & Sons in 1853. The first instrument sold under the company name went for $500, a mere portion of what they are worth today. With his five sons, Henry went on to develop one of the most requested and revered pianos in the world. Royalty and accomplished musicians alike prefer this instrument above all others.

Over the years, Henry and his sons developed and improved on their Steinway piano. They won awards and accolades world wide. When Henry died in 1871, his sons continued the family business and kept the tradition of making quality instruments. It wasn't long before manufacturing plants were opened in London and Germany. Illustrating their drive for innovation, the family owns 114 patents, one of which is for a concert grand design.

The Product

Approximately 5,000 pieces are built each year and each one takes about a year to complete. With every style, each component is made from the best materials and each lends to the unique sound and design of the instrument.

The instruments are made of different woods to attain the strength and the sound, as well as the beauty each instrument is known for. Eastern rock maple is sliced into 18 layers 3/16 of an inch thick and is used for the rim of the grand piano while spruce is used for the Diaphragmatic soundboard because of its superior acoustic qualities. These are just a few of more than a thousand details in construction and design that make a Steinway unique to any other instrument. No component is used until it has been through rigorous quality control measures.

As a result of the dedication to quality workmanship and materials, the Steinway is the preferred instrument to around 90% of concert pianists who perform worldwide. While other companies mass produce their instruments, it is evident that people are willing to wait for quality. With only 5,000 being produced a year, they do not sit in the showroom for long. And, while they may be more expensive than their mass-produced counterparts, the old saying is really true- "you get what you pay for." It also goes to show what a hard-working family can accomplish when they don't compromise on their dreams. Because of their continual development in pianos, we get to enjoy some of the most beautiful music in the world.
Steinway Piano For Sale
If you are looking to invest in a tangible product as opposed to stocks and bonds, you have lots of options. You consider real estate, classic cars or maybe a piece of jewelry or gold. But how about investing in a piano? To be more specific, how about investing in a Steinway piano? Yes, over the years, this instrument has proven to be a lucrative and often times better investment as far as return and enjoyment than the aforementioned items.

While many instruments built today are mass produced with materials that are cost effective, the Steinway piano is still built just as it was when the company was founded in 1853. Every component is carefully chosen for its superior quality. One piano takes an entire year to be completed and ready for the market, and only 5,000 are manufactured each year. So, demand as well as craftsmanship insures that this instrument will appreciate in value over time. Most other brands will depreciate, much like a car when it is driven off the car lot.

Older they were by far the most valuable with an appreciation in value of 13.6 percent for a grand model made during the Golden Age of the piano, the 1900's and earlier. Even as young as a model built in the seventies, the resale appreciation is at about 2.3 percent. In the eighties, retail value of the concert grand rose 200 percent. That is quite a jump in just a decade. According to the Forbes report, as an investment, it outperformed other items like gold, which declined over the decade, wine increased 100 percent and a classic Mercedes Benz '54-'57 rose 43 percent in appreciation.

If you are lucky enough to already have either a grand or an upright in your family, hang on to it. Not only is it a sentimental family heirloom, but it has also appreciated in value. If it is in need of a restoration, the money needed to return it to its original state is well worth the return you will get from a fully functioning beautifully restored this piano. Of course, as a family heirloom, you may not wish to sell it. What you will have is a valuable piece of family history to pass down and with proper maintenance future generations can enjoy its beauty and sound. Consider an investment in your family.

However, if you happen to be the owner of this fine instrument, it is important to take great care with its regular maintenance. To keep your investment pure, you may want to use the its Restoration Center if you need your instrument rebuilt. That is the only way to guarantee all of the components remain 100 percent as it is. This is not to say that a reputable technician cannot give you the same quality rebuild and it does not mean that your instrument will decline in value if you use another technician. It is just another safeguard option for the care and maintenance of your investment. You can be sure that if you do not take care of it, you will not profit from it.
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