Pianotech

I'm curious about the responses to this thread as I have the same situation with the model Falcone, but in my case the piano will be getting a new soundboard due to severe cracking from proximity to a wood stove earlier in its life. Otherwise in excellent condition with very low miles. I don't expect that it will be be nearly so easy to sell as a Steinway B though, so I imagine it will need to be priced considerably lower than that. Also, its size will limit its appeal to many homeowners. Could be a good value for a small venue that can't afford a Steinway.

It should depend on the purpose of the appraisal (i.e., insurance, replacement, street value, donation, etc etc).  Obviously if donation for tax purposes that is another category entirely. 

Peter Grey Piano Doctor 

I'm curious about the responses to this thread as I have the same situation with the model Falcone, but in my case the piano will be getting a new soundboard due to severe cracking from proximity to a wood stove earlier in its life. Otherwise in excellent condition with very low miles. I don't expect that it will be be nearly so easy to sell as a Steinway B though, so I imagine it will need to be priced considerably lower than that. Also, its size will limit its appeal to many homeowners. Could be a good value for a small venue that can't afford a Steinway.

It should depend on the purpose of the appraisal (i.e., insurance, replacement, street value, donation, etc etc).  Obviously if donation for tax purposes that is another category entirely. 

Peter Grey Piano Doctor 

I'm curious about the responses to this thread as I have the same situation with the model Falcone, but in my case the piano will be getting a new soundboard due to severe cracking from proximity to a wood stove earlier in its life. Otherwise in excellent condition with very low miles. I don't expect that it will be be nearly so easy to sell as a Steinway B though, so I imagine it will need to be priced considerably lower than that. Also, its size will limit its appeal to many homeowners. Could be a good value for a small venue that can't afford a Steinway.

Search the Journal for articles about making tax appraisals.

You may not want to assume the legal responsibilities.

It should depend on the purpose of the appraisal (i.e., insurance, replacement, street value, donation, etc etc).  Obviously if donation for tax purposes that is another category entirely. 

Peter Grey Piano Doctor 

I'm curious about the responses to this thread as I have the same situation with the model Falcone, but in my case the piano will be getting a new soundboard due to severe cracking from proximity to a wood stove earlier in its life. Otherwise in excellent condition with very low miles. I don't expect that it will be be nearly so easy to sell as a Steinway B though, so I imagine it will need to be priced considerably lower than that. Also, its size will limit its appeal to many homeowners. Could be a good value for a small venue that can't afford a Steinway.

Leopold Holder is your man. (646) 637-2266  He's got all the qualifications and actually creates the valuation. All you do is inspect, send photos, and he does the rest. There should be a follow up inspection after the piano is moved. You'll do that too. 

Peter Grey Piano Doctor 

Search the Journal for articles about making tax appraisals.

You may not want to assume the legal responsibilities.

It should depend on the purpose of the appraisal (i.e., insurance, replacement, street value, donation, etc etc).  Obviously if donation for tax purposes that is another category entirely. 

Peter Grey Piano Doctor 

I'm curious about the responses to this thread as I have the same situation with the model Falcone, but in my case the piano will be getting a new soundboard due to severe cracking from proximity to a wood stove earlier in its life. Otherwise in excellent condition with very low miles. I don't expect that it will be be nearly so easy to sell as a Steinway B though, so I imagine it will need to be priced considerably lower than that. Also, its size will limit its appeal to many homeowners. Could be a good value for a small venue that can't afford a Steinway.

Leopold Holder is your man. (646) 637-2266  He's got all the qualifications and actually creates the valuation. All you do is inspect, send photos, and he does the rest. There should be a follow up inspection after the piano is moved. You'll do that too. 

Peter Grey Piano Doctor 

Search the Journal for articles about making tax appraisals.

You may not want to assume the legal responsibilities.

It should depend on the purpose of the appraisal (i.e., insurance, replacement, street value, donation, etc etc).  Obviously if donation for tax purposes that is another category entirely. 

Peter Grey Piano Doctor 

I'm curious about the responses to this thread as I have the same situation with the model Falcone, but in my case the piano will be getting a new soundboard due to severe cracking from proximity to a wood stove earlier in its life. Otherwise in excellent condition with very low miles. I don't expect that it will be be nearly so easy to sell as a Steinway B though, so I imagine it will need to be priced considerably lower than that. Also, its size will limit its appeal to many homeowners. Could be a good value for a small venue that can't afford a Steinway.

Loren, 

Yes, I have encountered numerous folks who are used to the "old" way, and are not aware that the IRS changed the rules (for obvious fraud reasons). I just had that conversation with someone this past week who was highly resistant to what I was telling him. I gave him Leo's number and will let him hash it out with him.  I didn't feel confident getting involved as it was clear to me that he really didn't believe me. I also told him I was surprised his accountant did not mention this. 

Also, if I'm not mistaken I think this procedure applies on items valued above $5k. Under that, anything goes (I think).

Peter Grey Piano Doctor 

Leopold Holder is your man. (646) 637-2266  He's got all the qualifications and actually creates the valuation. All you do is inspect, send photos, and he does the rest. There should be a follow up inspection after the piano is moved. You'll do that too. 

Peter Grey Piano Doctor 

Search the Journal for articles about making tax appraisals.

You may not want to assume the legal responsibilities.

It should depend on the purpose of the appraisal (i.e., insurance, replacement, street value, donation, etc etc).  Obviously if donation for tax purposes that is another category entirely. 

Peter Grey Piano Doctor 

I'm curious about the responses to this thread as I have the same situation with the model Falcone, but in my case the piano will be getting a new soundboard due to severe cracking from proximity to a wood stove earlier in its life. Otherwise in excellent condition with very low miles. I don't expect that it will be be nearly so easy to sell as a Steinway B though, so I imagine it will need to be priced considerably lower than that. Also, its size will limit its appeal to many homeowners. Could be a good value for a small venue that can't afford a Steinway.

Loren, 

Yes, I have encountered numerous folks who are used to the "old" way, and are not aware that the IRS changed the rules (for obvious fraud reasons). I just had that conversation with someone this past week who was highly resistant to what I was telling him. I gave him Leo's number and will let him hash it out with him.  I didn't feel confident getting involved as it was clear to me that he really didn't believe me. I also told him I was surprised his accountant did not mention this. 

Also, if I'm not mistaken I think this procedure applies on items valued above $5k. Under that, anything goes (I think).

Peter Grey Piano Doctor 

Leopold Holder is your man. (646) 637-2266  He's got all the qualifications and actually creates the valuation. All you do is inspect, send photos, and he does the rest. There should be a follow up inspection after the piano is moved. You'll do that too. 

Peter Grey Piano Doctor 

Search the Journal for articles about making tax appraisals.

You may not want to assume the legal responsibilities.

It should depend on the purpose of the appraisal (i.e., insurance, replacement, street value, donation, etc etc).  Obviously if donation for tax purposes that is another category entirely. 

Peter Grey Piano Doctor 

I'm curious about the responses to this thread as I have the same situation with the model Falcone, but in my case the piano will be getting a new soundboard due to severe cracking from proximity to a wood stove earlier in its life. Otherwise in excellent condition with very low miles. I don't expect that it will be be nearly so easy to sell as a Steinway B though, so I imagine it will need to be priced considerably lower than that. Also, its size will limit its appeal to many homeowners. Could be a good value for a small venue that can't afford a Steinway.

Hi Loren,

Here at CalArts, we have two Falcone model 74s, of that exact same vintage. They are both worthy instruments.

Since their name is hardly well-known, and relatively few were ever made, I haven't a clue what their market value might be. But there is a guy who is a fan of that make and that time who has attempted to purchase our nine-foot Falcone concert grand manufactured in that same year. Message me off-list and I will provide you with his contact information.

Alan