![]() I try to always provide Excellent Service, so if you have any other items, just say Hello Alan at the beginning of your new question. ![]() If you are satisfied, please let me know by rating my answer for my compensation and to close out the question. Please let me know if this is the information you were looking for and reply with any questions now or any time in the future. Please let me know if you would like Insurance value as well. I would recommend a starting asking price of $850 so that you can reduce if necessary since Market Value represents what someone was willing to pay for an asset, not the amount it was offered for. As always, the price you are able to sell for may vary depending on venue, condition, market variances, and more. ![]() These recent completed sales gave your Otto Altenburg console piano a current market value of $500 - $700. Major manufacturers producing large quantities of pianos over many years are commonly considered of reasonable quality and therefore fit into the Average Quality Rating. Using these I was able to determine the average market value minimum and maximum for you. This is the Standard Quality Rating attributed to the majority of pianos made throughout the USA, Canada, Germany, Japan and most of Europe. ![]() Searching auction house records and library databases provided recent sales results of qualified market comparable items. From experience and research I can tell you that piano was made in Korea these are good for beginners the market value appraisal you had was for insurance purposes I am sure they have fallen in value. Thank you for your patience while I conducted my research and prepared your answer.
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