The Yamaha CP70 Electric Grand Piano is a rare instrument that was produced for a very short period in the mid to late 1970s. An electric keyboard and a concert quality piano; this amazing hybrid was one of the first instruments of its time. Popularized by bands and performers such as Stevie Wonder, Genesis, Journey and many many more. It retailed at the time for $4,000 (roughly $12,000 in today’s money). It was considered in its time to be extremely high end. This piano now in great condition could bring upwards of $1000 and can still be worth $300-$500 in lesser conditions. Later models are known as the CP70B as they had a balanced input added at that time.
We found our extremely collectible Yamaha CP-70 in a storage unit that we had bought in NJ. Now let me tell you some of the key points to valuating your piece.
The tolex is very important to the overall condition of the piece. These units were often brought on tour and as such often show considerable wear. When moving or transporting them be very careful and use moving blankets because the material tends to be very dry and may crack easily before it is treated. Obviously the keys being free of cracks and attached to the hammers is also paramount to the overall condition of the piece. Check all the knobs as these are pretty hard to find the right ones for this piano.When transporting DO NOT put it upside down or it will throw it completely out of tune and possibly dislodge the hammers. We learned this the hard way and are now passing this information on to you!!
We eventually got $500 for our Yamaha CP-70 which had torn tolex and a cracked key but aside from that was entirely in functional condition. We actually used ebay to find a local buyer and we got a lot fo hits immediately in good shape the saleability of the instrument is HIGH. The Yamaha name is synonymous with quality and as such you will get a lot of interest. Do not be afraid to hold out. We literally had people considering freighting this piano and you can only imagine the cost of that!