Overview A 2001-built Steinway & Sons Model L grand piano is typically worth between $40,000 and $49,000 when bought from a dealer in mint or excellent condition. Price Breakdown by Condition and Source Retail / Dealer Price (Mint/Restored): $42,000 to $49,750 depending on the finish (standard satin ebony usually lists around $42,500–$46,000, while rare wood […]