GITNUX MARKETDATA REPORT 2024
Statistics About The Most Expensive Steinway Piano
The most expensive Steinway piano sold at auction fetched over $2.5 million.
In this post, we will explore some fascinating statistics surrounding the world of Steinway pianos, known for their exceptional craftsmanship and unparalleled quality. From the intricate handcrafted process involving over 12,000 parts to the jaw-dropping prices of certain models, Steinway pianos have long held a prestigious place in the music industry. Let’s dive into the numbers that shed light on why these instruments are considered the pinnacle of piano perfection.
Statistic 1
"Steinway pianos are handcrafted using over 12,000 parts."
Statistic 2
"Bill's Piano Saloon offered a Steinway grand piano for $188,000 in 2021."
Statistic 3
"The Steinway factory in New York produces about 1,100 pianos each year."
Statistic 4
"The average cost of polishing a Steinway grand piano is $15,000."
Statistic 5
"Steinway pianos undergo almost 200,000 individual mechanical actions during production."
Statistic 6
"Steinway & Sons has been in business since 1853."
Statistic 7
"As of 2020, there are approximately 600 Steinway Artists worldwide."
Statistic 8
"Steinway's "Model D" concert grand piano is commonly valued at around $175,000."
Statistic 9
"Around 98% of concert pianists in the world choose Steinway pianos."
Statistic 10
"The Steinway factory in Hamburg, Germany, produces about 3,000 pianos annually."
Statistic 11
"Steinway has a historical collection of more than 125 patented inventions."
Statistic 12
"John Lennon's white Steinway Model Z sold at auction for $2.37 million."
Statistic 13
"The most common wood used in Steinway pianos is Sitka spruce."
Statistic 14
"Steinway pianos take nearly a full year to make from start to finish."
Statistic 15
"A special edition Steinway piano called "The Peace Piano" was auctioned for $1.5 million."
Statistic 16
"The most expensive Steinway piano ever sold fetched $2.5 million."
Statistic 17
"Steinway & Sons pianos are often regarded as "the gold standard" in the music industry."
Statistic 18
"Steinway & Sons holds the record for the world's longest piano."
Statistic 19
"The "Sound of Harmony" Steinway sold for $1.63 million in 2011."
Statistic 20
"Rachmaninoff's favorite Steinway grand piano, Model D-274, is valued at over $800,000."