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Thank you for all the responses. We have come down to an agreement to pay $2400 US dollars (or roughly 1836 Euros) for the Piano. There's some minor chips and scratches but all in all, its the cheapest I could find with the condition.

Good buy or mistake?

Hey Mates,

I am about to buy a Yamaha U-3 Upright Piano. The serial number is 186794.

1. How old is this Piano?
2. What does the Nippon Gakki S.K.K. mean?
3. How much does this Piano worth?

Cheers,

Michael