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Steinway & Sons grand pianos are premium pianos in terms of quality and price, with retail prices for ebony pianos generally ranging from $44,000 to $111,000 in the United States. Limited edition pianos and pianos with special veneers sell for retail prices of up to $170,000.

They introduced the Boston line in the early 1990s to allow them to compete in the mid-priced category. Retail prices for upright and grand pianos generally range from $6,000 to $40,000 in the United States. Subsequently, they added a full line of pianos under the Essex brand name to their mid-priced offering. Retail prices for Essex pianos range from $4,000 to $20,000 in the United States.

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