Steinway & Sons piano. PHOTO/ALAMY
By ART CORRESPONDENT
It takes 300 people, 12,000 parts and a year to make a single Steinway & Sons piano.
Since 1853, Steinway pianos have set an uncompromising standard for sound, touch, beauty, and investment value. Handcrafting each Steinway requires up to one full year – creating an instrument of rare quality and global renown.
Not surprisingly, Steinway remains the choice of 9 out of 10 concert artists, and countless pianists, composers, and performers around the world.
The Steinway & Sons piano is one of the world’s most revered instruments. According to statistics provided by the company, around 90 percent of the world’s performing concert pianists choose the German brand. Renowned artists like John Lennon, George Michael, Billy Joel and Lady Gaga have been known to compose and perform at their keys.
Each piano, composed of some 12,000 individual parts, takes a full year to assemble at Steinway & Sons’ factory in Hamburg, Germany.
In this film, we see glimpses of the Japanese pianist Aisa Ijiri performing “Prelude and Fugue in A minor BWV 543” by Johann Sebastian Bach as she soundtracks the meticulous process of the piano’s construction.
According to available data, a 10-year-old Steinway in good condition, usually sells for about 75 percent of the current retail price, which goes up about 4 percent each year. Over the past decade, the price on the classic Steinway Model B grand piano–currently $81,200–increased 48%, far outpacing the 29% rise in inflation.
A piano can cost anywhere from $3,000 to more than $100,000, depending on the brand, size and the age of the piano. A quality digital piano starts around $2,000. Upright pianos start around $3,000 and grand pianos start around $5,000 for quality used pianos. New piano price ranges are slightly higher.
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