Lady Gaga is trying to raise £300,000 to buy a piano designed by artist Terence Koh which she played with Elton John at the Grammy Awards on January 31, 2010.

The singer is desperate to buy the instrument - designed by controversial Canadian artist Terence Koh - after she and Elton opened the US awards ceremony on January 31, 2010, with a medley of her song 'Speechless' and Elton's 'Your Song'.

A source said: "Terence's artwork is confrontational and incorporates many elements that appeal to Gaga such as sex, punk and gay culture. The black piano with arms reaching out of it was beautiful and it's no surprise she wants it, especially after giving one of the performances of her career."

Earlier this week, Gaga described her duet with Elton as a dream come true, and that she couldn't control her emotions before the show. The 23-year-old pop star said: "I ruined all of my make-up right before the show. Crying... I was just so happy. I had been fantasising about this performance piece for a while and we got to do it and I'm just really truly floored."

It seems likely Gaga may be able to get the money together, as her bankability is at an all time high. She was reportedly paid £30,000 for a two-hour DJ set at an exclusive London club Maya on January 20, 2010. The 'Just Dance' hitmaker also managed to raise donations of $500,000 for victims of the Haiti earthquakes on January 27, 2010 with an impromptu show in New York.

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