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Mrs. Huxtable's 
Comparison of 4 Options for Her Steinway

  Details Option #1 Option #2 Option #3 Option #4  
  Time to Sell to Private Party  3-6 months 3-6 months 3-6 months 3-6 months  
  Time to Sell to Dealer  1-14 days 1-14 days 1-14 days 1-14 days  
  Net price likely to receive from Private Party $ $ $ $  
  Net price likely to receive from Dealer $ $ $ $  
  Emotional Satisfaction knowing that it has gone to a good cause/home.  Uncertain Uncertain Uncertain Uncertain  
  Money needed to upgrade piano $0 $ $ $  
  Tax write-off received if donated to nonprofit organization $ $ $ $  
  Amount of Skill needed to demonstrate, show & sell piano High Medium Medium Medium  
  Emotional Distress at invasion of privacy by unknown private parties coming to home High High High High  
  Time to donate to a nonprofit organization 1-7 days 1-7 days 1-7 days 1-7 days  
             

 

Piano is a 1962 Steinway Model L 5'10 1/2" Grand piano, Classic style case, satin ebony.  See R1.2 Piano Inspection  & Estimate and R1.1 Piano Values & Upgrades Report (have KRB redo the options page and put in ranges for price on work to be done between 30-60% margin) for specifics on this pianos current condition and how it compares to its potential.

Option #1 = Sell piano in "as-is condition".

Option #2 = Upgrade piano by investing $500 to complete Touch and Tone Upgrade #____ on page 5 of  R1.2 Piano Inspection  & Estimate

Option #3 = Upgrade piano by investing $1,500 to complete Touch and Tone Upgrade #____  on page 5 of  R1.2 Piano Inspection  & Estimate.

Option #4 = Upgrade piano by investing $4,500 to complete Cosmetic Upgrade 

Why did Mrs. Huxtable chose to donate her Steinway Grand?  

 

 

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