Steinway & Sons

Historical Prices of Steinway Pianos

 

"Build the best piano possible;

Sell it at the lowest price consistent with quality"

Henry Englehard Steinway, 1853

Steinway & Sons continues to adhere to these straighforward principles today.

This commitment to quality produces the legendary financial appreciation of the Steinway piano.

Because every Steinway is built to last a lifetime, each price increase will in turn bring up the value of Steinway pianos already in existence.  The follwoing is a historical listing of prices.

 

Each price reflects a Steinway & Sons in the standard  Ebony Satin  Finish.

 

 

 

D

B

L

M

S

K

45"

1900  $1,400 $1,050 $550
1905  $1,600 $1,100 (O) $750 $500
1910  $1,600 $1,250 $550
1915  $1,600 $1,100 $800 $750 $550
1920  $2,700 $1,925 $1,375 $950
1925  $2,700 $1,925 (L) $1,575 $1,425 $950
1930  $3,000 $2,200 $1,700 $1,375
1935  $3,000 $1,875 $1,300 $1,025 $885
1940  $3,150 $2,025 $1,450 $1,175 $985 (P) $585
1945  $4,358 $2,653 $1,978 $1,746 $1,524 $863
1950  $6,900 $4,475 $3,425 $2,900 $2,585 $1,700
1955  $6,900 $4,475 $3,465 $2,985 $2,735 $1,700
1960  $7,100 $4,700 $3,796 $3,350 $3,085 $1,825
1965  $7,200 $4,820 $3,865 $3,400 $3,100 (1098) $1,500
1970  $8,275 $5,500 $4,400 $3,800 $3,600 $1,650
1975  $13,500 $8,900 $6,790 $5,920 $5,540 $2,595
1980  $25,500 $17,200 $13,125 $11,550 $10,830 $4,700
1984  $34,200 $22,500 $17,500 $14,900 $12,900 $8,540 $5,990
1985  $37,000 $24,300 $18,900 $15,900 $13,900 $8,990 $6,290
1986  $39,600 $26,100 $20,200 $16,900 $14,900 $9,590 $6,990
1987  $41,200 $27,300 $21,100 $17,700 $15,600 $9,990 $7,010
1988  $43,700 $28,900 $22,400 $18,800 $16,600 $10,590 $7,430
1989  $47,950 $31,050 $23,950 $20,750 $18,450 $11,595 $8,325
1990  $53,400 $34,600 $26,600 $23,100 $20,500 $12,950 $9,310
1991  $57,200 $37,200 $28,500 $24,700 $21,900 $13,860 $9,960
1992  $59,900 $39,600 $30,500 $26,300 $23,300 $13,900 $10,300
1993  $62,300 $40,700 $31,200 $27,400 $23,900 $14,400 $10,700
1994  $66,100 $43,100 $33,100 $29,100 $25,100 $15,100 $11,300
1995  $68,800 $44,900 $34,500 $30,500 $26,400 $15,800 $11,900
1996  $71,900 $46,900 $36,100 $31,900 $27,600 $16,500 $12,400
1997  $74,800 $49,200 $37,900 $33,600 $29,100 $17,300 $13,200
1998  $77,800 $51,200 $39,400 $34,900 $30,300 $18,200 $13,900
1999  $79,900 $52,800 $40,700 $35,900 $31,200 $18,800 $14,400
2000  $83,100 $54,900 $42,300 $37,300 $32,400 $19,500 $14,900
2001  $86,100 $56,800 $43,800 $38,600 $33,600 $20,200 $15,500
2002  $89,600 $59,100 $45,600 $40,200 $34,900 $21,100 $16,100
2004 $96,100 $63,300 $48,900 $43,100 $37,400 $22,600 $17,300
2009 $118,100 $77,700 (O) $59,900 $53,100 $46,300 $27,900 $21,300
2010 $123,800 $81,200 $62,600 $55,800 $48,900 $29,200 $22,300
2013 $142,300 $90,600 $69,600 $61,800 $56,600 $32,800 $25,100

 

The following is a price projection based on a 4% increase per year.

D B L M S K 45"
2017 $161,300 $106,500 $82,100 $72,400 $62,900 $38,100 $29,000
2022 $196,200 $129,600 $99,900 $88,100 $76,500 $46,400 $35,300
2027 $238,700 $157,700 $121,500 $107,200 $93,100 $56,500 $42,900
2032 $290,400 $191,900 $147,800 $130,400 $113,300 $68,700 $52,200

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