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The value of a Monarch Chicago piano with serial number 205697 can vary significantly based on its condition, age, and specific model. Typically, pianos from this era can range from a few hundred to a couple of thousand dollars. For a more accurate valuation, it's best to consult a local piano technician or appraiser who can assess its quality and market demand. Additionally, checking online marketplaces for similar models can provide a clearer idea of its current market value.

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