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#2184286 - 11/18/13 01:11 AM 1874 Steinway B WORTH RESTORING??  
Joined: Nov 2013
Posts: 3
Sean Mathes Offline
Junior Member
Sean Mathes  Offline
Junior Member

Joined: Nov 2013
Posts: 3
Playa Del Carmen
Hello- I am new here and am hoping someone can give me a little advice. I have been looking for a Steinway for a few months now. I have already purchase a 1928 M but now I have also found a 1874 B and this is the one I am considering purchasing now. To me the price is extremely low at $4,000. I am willing to put money into this for a complete restore and rebuild but only if it's going to be a good financial decision.

So if I do get this can I easily get my money out of it after it's complete? I know there is a lot of variables in this but I would only be using a very good rebuilder and am guessing the cost would be about $20k.

My main question is, were the early Steinway's still great instruments? Or am I better staying with my 1928 M and rebuilding that at some point?

Thanks for any advice.

Sean


I'm a Steinway Grand Piano enthusiast and a mediocre player at best. I have owned several Steinways over the last 10 years. My most recent is a beautifully restored ebony 1928 Steinway M. Restored by my good friend Marshall Luke at the Luke Piano Company http://lukepiano.com
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#2184297 - 11/18/13 01:58 AM Re: 1874 Steinway B WORTH RESTORING?? [Re: Sean Mathes]  
Joined: Oct 2012
Posts: 927
phacke Offline

Gold Supporter until November 11 2014
phacke  Offline

Gold Supporter until November 11 2014


Joined: Oct 2012
Posts: 927
CO, USA
Greetings, Sean,

There was a little discussion about that here just recently that may be a reference for you,
http://www.pianoworld.com/forum/ubb...at%20this%20old%20piano.html#Post2183353

Best wishes-


phacke

Steinway YM (1933)
...Working on:
J. S. Bach, Toccata (G minor) BWV 915
(and trying not to forget the other stuff I know)
#2184318 - 11/18/13 04:12 AM Re: 1874 Steinway B WORTH RESTORING?? [Re: Sean Mathes]  
Joined: May 2013
Posts: 1,131
SMHaley Offline
1000 Post Club Member
SMHaley  Offline
1000 Post Club Member

Joined: May 2013
Posts: 1,131
Seattle
There's a lot of potential gremlins in an instrument of that age. I would certainly do my homework as to the feasibility of doing a restoration... or really in this situation more like substantial rebuilding. Certainly a carved case that many of them had would be very appealing. If money were no object I would love an older art case with modern customized guts to it.

Depending on the condition doing anything to improve its situation may improve its overall worth but not considerably so.


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#2184362 - 11/18/13 07:49 AM Re: 1874 Steinway B WORTH RESTORING?? [Re: Sean Mathes]  
Joined: Sep 2006
Posts: 1,555
Bob Newbie Offline
1000 Post Club Member
Bob Newbie  Offline
1000 Post Club Member

Joined: Sep 2006
Posts: 1,555
Question is and has always been, how old do you go..is the 1870s too far back?
I'd be leery about any piano before 1890, weren't their a number of significant changes in piano design in the 1870s?

lets let the pros step up to the plate and answer this..
the "B" is a nice size..

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#2184408 - 11/18/13 09:37 AM Re: 1874 Steinway B WORTH RESTORING?? [Re: Sean Mathes]  
Joined: Apr 2006
Posts: 2,557
OperaTenor Offline
2000 Post Club Member
OperaTenor  Offline
2000 Post Club Member

Joined: Apr 2006
Posts: 2,557
Sandy Eggo, California
This might be a good one for Rich Galassini to weigh in on.



Happiness is a freshly tuned piano.
Jim Boydston, proprietor, No Piano Left Behind - technician
www.facebook.com/NoPianoLeftBehind
#2184410 - 11/18/13 09:44 AM Re: 1874 Steinway B WORTH RESTORING?? [Re: Sean Mathes]  
Joined: May 2001
Posts: 1,399
Eric Gloo Offline
1000 Post Club Member
Eric Gloo  Offline
1000 Post Club Member

Joined: May 2001
Posts: 1,399
Richfield Springs, New York
Originally Posted by naesm1
So if I do get this can I easily get my money out of it after it's complete? I know there is a lot of variables in this but I would only be using a very good rebuilder and am guessing the cost would be about $20k.


My guess is that your guess of $20k is too low.


Eric Gloo
Piano Technician
Certified Dampp-Chaser Installer
Richfield Springs, New York
#2184441 - 11/18/13 10:40 AM Re: 1874 Steinway B WORTH RESTORING?? [Re: Sean Mathes]  
Joined: Dec 2012
Posts: 4,398
Ed McMorrow, RPT Offline
4000 Post Club Member
Ed McMorrow, RPT  Offline
4000 Post Club Member

Joined: Dec 2012
Posts: 4,398
Seattle, WA USA
A B this old would be 85 notes. This reduces market value by approximately $10K. A piano this age is 99.9% certain to need a full rebuild. The condition of key-set, action frame, and case parts are probably the biggest rebuild pricing variables.

$30K minimum is a more realistic ballpark figure for a total rebuild. You don't want to hire a rebuild by price alone if you want it to play and last like a new piano. Be sure to audition prospective rebuilders work as well, so you can know what you are getting. This also lets the rebuilder learn about your touch and tone preferences so they can shape the project to match.


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According to NASA, 93% of the earth like planets possible in the known universe have yet to be formed.
Contact: Ed@LightHammerpiano.com

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