i got a Mason and Risch Cameo 64 key spinet for $200! It means the world to be. I origional owners were so happy that im going to have this piano because it was a family heirloom and will be cherished my a music lover. Ive kept in touch with them and post them videos of me playing the piano.
I don't know how much a Yamaha U1 was selling 40years ago but it still sells for 5000$. You don't get back the full value but it doesn't plummet like a Young Chang or Pearl River. Yamaha and German brand get a good selling value. Steinway also.
If you buy a new Steinway B now at $94k, next year its worth $55k. But there is a sweet spot in used pianos where there is plenty of life left and you can buy low and see it be worth more in 5 or 10 years. But there are too many variables for a non expert to always find that spot. But playing music is priceless!
Good luck finding a one year old Steinway for half price. I've personally never seen one. And usually it would get sold back to the dealer who sells it for way more than $55k.
Great discussion! Definitely a great investment! Investment in happiness, mental health. In fact, investment in music is always great. I bought a Yamaha U3A for my son and myself and I would say, it is one of my best investments. It is Art and beauty besides great sounds. And I believe the value will last very long. Aged wood is really good. Investment in music education is always great!
So I’m the first minute they answered the question asked in the title. Answer: no pianos are not good financial investments. They depreciate like cars. Unless you find the Steinway from the Titanic and and restore it. Lol
My aim is just to learn to play by hear. Will I be better buying a digital piano or a midi keyboard with 88 weightedkeys? Please suggest a model 🙏 Thanks & regards
From an investment standpoint, the measure of a good investment is one which beats the S&P500 index. For the past 10 years the S&P index has risen by about 240%. It’s kinda doubtful that any piano is going to increase in monetary value by 240% over a 10 year period. ;-)
A piano is a investment in y mental health. I got a new Kawai GX2 for Christmas and am thrilled.
i got a Mason and Risch Cameo 64 key spinet for $200! It means the world to be. I origional owners were so happy that im going to have this piano because it was a family heirloom and will be cherished my a music lover. Ive kept in touch with them and post them videos of me playing the piano.
Yes, a real fun video. Many relatable points to other instruments too!
Please post one more video before the end of the year.
Yes, a really fun video, and relatable to a lot of other instruments too!
I don't know how much a Yamaha U1 was selling 40years ago but it still sells for 5000$. You don't get back the full value but it doesn't plummet like a Young Chang or Pearl River. Yamaha and German brand get a good selling value. Steinway also.
If you buy a new Steinway B now at $94k, next year its worth $55k. But there is a sweet spot in used pianos where there is plenty of life left and you can buy low and see it be worth more in 5 or 10 years. But there are too many variables for a non expert to always find that spot. But playing music is priceless!
Good luck finding a one year old Steinway for half price. I've personally never seen one. And usually it would get sold back to the dealer who sells it for way more than $55k.
Nice video guys
Great discussion! Definitely a great investment! Investment in happiness, mental health. In fact, investment in music is always great. I bought a Yamaha U3A for my son and myself and I would say, it is one of my best investments. It is Art and beauty besides great sounds. And I believe the value will last very long. Aged wood is really good. Investment in music education is always great!
So I’m the first minute they answered the question asked in the title. Answer: no pianos are not good financial investments. They depreciate like cars. Unless you find the Steinway from the Titanic and and restore it. Lol
My aim is just to learn to play by hear.
Will I be better buying a digital piano or a midi keyboard with 88 weightedkeys?
Please suggest a model 🙏
Thanks & regards
I'll throw the midi keyboard out my window, hope it clears the doubt!
@@leoleondre2425 if possible suggest the one digital piano I must buy. 🙏
@@leoleondre2425 damn right! there are tons of free pianos you can get. just pay delivery and tuning.
@@katiegrundle9900 Most of those pianos are absolute junk. They will actually cost you more in the long run. Many are not even servicable.
@@TuhinTulsyan Anything that says Kawai or Yamaha in whatever price range you can afford.
I thought I'd slept until April 1st..
From an investment standpoint, the measure of a good investment is one which beats the S&P500 index. For the past 10 years the S&P index has risen by about 240%. It’s kinda doubtful that any piano is going to increase in monetary value by 240% over a 10 year period. ;-)
ALWAYS look at a musical instrument purchase as a price per hour.