I recently purchased a grand piano, and in the process I visited a lot of piano stores and got a very good sense of what is available and for how much. Large pi

I recently purchased a grand piano, and in the process I visited a lot of piano stores and got a very good sense of what is available and for how much. Large piano stores in the US will typically have some vintage Steinways for sale, whether or not they carry new Steinways. Vintage Steinways often sell for roughly $20K. This price may include a lot of prep work by the dealer -- a dealer might replace all the strings, for example. I once visited a shop where the dealer gutted the instruments and more or less rebuilt them from scratch. It's also reasonably common for dealers to have prices on their websites for used pianos. Not new pianos -- typically manufacturer contracts forbid this, and it's a high margin business. I'd estimate that one could probably sell a vintage Steinway, if it's in good condition, to a dealer for in the neighborhood of $10K. One might get more by advertising directly to buyers. However, this is a pain (it typically takes months to sell a piano). Moreover, any knowledgable buyer will hire a technician to inspect the instrument, and this could bring up all sorts of unpleasant surprises -- even if the instrument seems to be in good condition.