I need your positive rating! Could you very kindly rate my services (with the stars or "accept" button), at no extra cost to you. All you have to do is put my name (Judith) at the beginning of your question. If you would like to work with me on further questions you might have, it would be a pleasure to work with you again. If you have any further questions or problems concerning this answer, please let me know.
I hope this answer has been helpful to you. If you were to sell it, you could expect to get the fair market (private sale or auction) value of approximately 40% of the retail amount or C $4,800, depending on location and actual condition. In its unrestored condition, the current retail (replacement or insurance) value of your piano is approximately C $12,000. That being said, Petrof is a high quality piano, very much respected in piano circles. Even if the outside looks good the internal mechanisms are likely only in fair condition. Age will tell you what kind of wear the piano would have mechanically. Pianos are valued heavily on age after other factors like style, maker and condition. So, old pianos are at a disadvantage in the market. Pianos have parts that wear out and must be replaced, and a piano that hasn’t been regularly tuned will not hold a tuning.
In other words, prospective buyers are not collecting pianos they want to be able to play them. Old pianos have no value just for being old.
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