You can also opt for a crystal piano – of which is absolute leader. Addition of exotic wood veneers, inlay intarsia, encrustations with crystals and semi-precious stones drive the price up exponentially depending on the amount of work, cost of materials and of course complications of design. It is worth noting that grand pianos that cost beyond $250,000 are premium customized versions of the base grand piano models by respective manufacturers. Whereas brands that don’t have such prestigious names may be making a wonderful piano that will be of comparable playing experience and will cost you significantly less. The superior quality of the top German, Italian and American legacy brands such as Bluthner, Fazioli and Steinway command the top dollar for their instruments and while it is absolutely earned by their reputations spanning 180+ years and endorsed by the world’s leading musicians you are also paying for the prestige of the brand. Many of the second-tear piano manufacturers produce a perfectly nice grand pianos and are a very good choice particularly for those working with budget.
The first bracket on the lower end of the price range ($10,000-$40,000) is entry-level segment.
Depending on the piano manufacturer, the materials and degree of customization grand piano can cost anywhere from $10,000 to over $1 million.