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How much is a 40 year old upright piano worth?

Upright Player Pianos Years old Retail Over 40 30-40 20-30 10-20 $500-$1500+ $1000-$2000+ $3000-$8000+ $4000-$10000+ Value greatly depends on condition and the make of the piano.

bluebookofpianos.com - Used Piano Price - How Much Is Your Piano Worth - Resale Price

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The prices are ballpark figures stated in U.S. Dollars and are based on market values based on comparisons of used pianos, advertised on the web by technicians, private parties, music stores teachers, auctions and liquidations. Values are certified through research in Directories of the Music Industry such as, The Presto Piano Buyers Guide, The Pierce Musical Instrument Atlas, The Bluebook of Pianos, Encyclopedia of Musical Instruments and and the Piano Times Newspaper. Additional Research is available by request for Older Makes, Models, Sizes and Descriptions not shown at no cost to you. This is a public information service of the Bluebook of Pianos. The Bluebook of Pianos has adopted the following definitions to help clarify the level of repairs on a piano. 1. "A used piano that has been disassembled, inspected, repaired as necessary with replacement of all worn or deteriorated parts, reassembled, tested and approved to at least the tolerances of a new piano of like manufacture is said to have been rebuilt. 3. The age of an instrument is considered as a part of the condition. We have adopted the following designations to identify the condition of an instrument. 1. Reflects the wholesale or current market value of a piano after all repairs have been made. 2. This is not the amount you paid for or the amount allowed in trade. 3. This is the actual amount the instrument is worth, it does not include additional moving or other make ready.

FMV LISTS:

Valuations reflect both wholesale and retail prices paid by dealers at auction and retail prices in retail piano stores. The age of an instrument is not a consideration, prices shown are for vertical pianos made after 1960, pianos older than that should receive additional scrutiny by buyer. In the case of Grand Pianos worth rebuilding, the age could be 100 +

years, condition will still determine the value. ‑ Fair Market Value

Keep in mind that these are only guidelines to help you determine whether a particular piano you're looking at is priced fairly Actual selling prices may vary widely. These prices are based upon overall quality of a given line of pianos, based on controlled use tests, expert judgments, and experience.