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A grand piano is one of the two types of acoustic pianos. It’s a large piano with a flat soundbox that extends horizontally from the keyboard in a distinctive, swooping shape. As a result of its shape, it takes up significantly more space than an upright or vertical piano. It’s also considered to be more resonant and have a greater tonal range.

Grand piano prices will vary by age, brand, condition, and whether its a concert grand or a baby grand. On the low end, a grand piano cost will likely be no less than $7,000. On the high end, a grand piano can cost a quarter of a million dollars.

The difference between a traditional (or concert) grand piano and a baby (or mini) grand piano is the size. A concert grand piano is the longest, extending seven feet or more. A baby grand is less than six feet long. A standard grand is anything in between six and seven feet.

Grand pianos are expensive because of the materials and construction. Grand pianos use high quality materials from their fingerboards to the strings within them. While some instruments can still be playable if corners are cut, this isn’t the case with a grand piano. Compared to even the most expensive guitar, pianos require more materials, higher quality materials to be functional, and masterful construction and assembly.

Grand pianos are considered an investment by most who buy them -- from symphony orchestras to five-star hotels. In homes, they're also considered furniture. After all, unlike smaller instruments, they can’t be hidden away in a closet. As a result, the makers of grand pianos spend extra attention to their physical characteristics, which also increases the price.

To some people, a grand piano is absolutely worth the investment. If you want a quality piano for live performances or the studio, a grand piano is considered the best option sonically speaking. However, if you’re just looking to learn the piano or are short on space, a grand piano might not be the best option for you quite yet.

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