Steinway pianos are appreciating assets!
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LMFAO!
Link to videoAs I said years ago, your wife's diamond engagement ring is probably an appreciating asset.
Gonna sell it to recoup your investment?
Didn't think so.
ETA: I think the Estonias are an appreciating asset as well. Have you looked at prices recently?
"Now look here, you Baltic gas passer... " - Mik, 6/14/08
The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.
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@george-k said in Steinway pianos are appreciating assets!:
As I said years ago, your wife's diamond engagement ring is probably an appreciating asset.
Gonna sell it to recoup your investment?
Didn't think so.
ETA: I think the Estonias are an appreciating asset as well. Have you looked at prices recently?
No, they aren’t. Neither is a Steinway. ASteinway D from 1968 is not worth 98K today. A Steinway dealer MAY possibly sell it for $80K and that’s going to be with a $50K rebuild. And you, my friend, are not going to sell it for as much as a Steinway dealer. Not even close.
Steinway was sued a few years ago for this claim, why are they doing it again?
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As I said years ago, your wife's diamond engagement ring is probably an appreciating asset.
Gonna sell it to recoup your investment?
Didn't think so.
ETA: I think the Estonias are an appreciating asset as well. Have you looked at prices recently?
@george-k said in Steinway pianos are appreciating assets!:
As I said years ago, your wife's diamond engagement ring is probably an appreciating asset.
Gonna sell it to recoup your investment?
Didn't think so.
ETA: I think the Estonias are an appreciating asset as well. Have you looked at prices recently?
I have not looked at Estonia prices lately. I know for a fact that it is not appreciating. Just because a new one is more than what I paid for mine, does not make mine worth more.
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BTW, I am playing the Aria from the Goldbergs at Renato's memorial in a couple of weeks. Katie traveling from NH and is playing Jimbo's Lullaby from Debussy's Children's Corner.
I hear Renato in my head as I practice for this. Lift! Phrasing, etc. I hear him in my head when I practice anything on any instrument. He was an awesome teacher. My all-time favorite teacher of any subject.
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@george-k said in Steinway pianos are appreciating assets!:
As I said years ago, your wife's diamond engagement ring is probably an appreciating asset.
Gonna sell it to recoup your investment?
Didn't think so.
ETA: I think the Estonias are an appreciating asset as well. Have you looked at prices recently?
I have not looked at Estonia prices lately. I know for a fact that it is not appreciating. Just because a new one is more than what I paid for mine, does not make mine worth more.
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Here you go: https://jordankitts.com/used/1036
22 year old Steinway L. I was selling these at that time for about $55K. Today we have it for $45K. If we’re offering it with tuning, bench, delivery and set up, and a warranty for $45K, what would a private seller get for it? A whole lot less… And what was the value of $55K in the 90’s vs today? What a great investment :eyeroll:
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Here you go: https://jordankitts.com/used/1036
22 year old Steinway L. I was selling these at that time for about $55K. Today we have it for $45K. If we’re offering it with tuning, bench, delivery and set up, and a warranty for $45K, what would a private seller get for it? A whole lot less… And what was the value of $55K in the 90’s vs today? What a great investment :eyeroll:
I just saw it as recouping some of the rent I had paid out for the instrument over fourteen years.
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I just saw it as recouping some of the rent I had paid out for the instrument over fourteen years.
@renauda said in Steinway pianos are appreciating assets!:
I just saw it as recouping some of the rent I had paid out for the instrument over fourteen years.
The return on investment from a piano isn’t monetary, though it is nice that you can get a decent amount back when you sell it…
But this Steinway thing is a different issue. They were sued over this ten years ago.
