When it comes to selling piano brands, it may be difficult to distinguish between a well-known and a lesser-known brand. If your piano is the same model as the ones you find in stores, you can expect to pay the same price for it. Your piano can be valued by Alamo Music if you want to find out what its fair market value is. The best way to determine FMV is to use classified sites such as Facebook Marketplace and Craigslist. It is impossible for major services to track the price of a used piano. It is referred to as fair market value (FMV) because a knowledgeable buyer and seller are likely to agree on a price. The most effective brands with high brand reputations attract a larger audience and command higher values than brands with low brand reputations. It is critical to determine the value of your piano before deciding whether it should be restored, used as a trade-in for a newer instrument, or should be replaced. Generally speaking, however, an Otto Altenburg piano is likely to be worth anywhere from a few hundred dollars to several thousand dollars. Serial numbers are for the first piano made in year shown.There is no definitive answer to this question as the value of an Otto Altenburg piano can vary greatly depending on a number of factors such as its age, condition, and provenance. See Acrosonic or Baldwin for additional numbers. Gibson Guitars Guitars acquired the Hamilton name in 2001, when they purchased the Baldwin Piano Co. Serial numbers are for the first piano made in year shown. It did not last long and the company went under. In about 1868 Frederick Altenburg entered into a partnership with Edward Ehrlich, forming the firm of “F. By Otto and Frederick Altenburg, a pair of cousins. The Otto Altenburg piano company was originally formed in Germany in the mid-19th century. If the serial # started with 4 letters than it was prior to the present Samick Chinese manufacture. I believe it was manufactured in South Korea or the USA thereabout 1997ish at the latest. You might want to check and verify it's serial #. An 11 year old Otto Altenburg is a Samick stencil though I kinda think it is a bit more than 11 years old.
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