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