The invention discloses recoat-able polishing-free unsaturated polyester resin for piano lacquer and a preparation method of the unsaturated polyester resin. The unsaturated polyester resin comprises the following components in percentage by weight: 15 to 25 percent of an air-dry monomer, 25 to 35 percent of polyatomic acid, 20 to 30 percent of polyhydric alcohols, 20 to 30 percent of a solvent, 0.05 to 0.1 percent of an antioxidant and 0.01 to 0.05 percent of a polymerization inhibitor. The preparation method comprises the following steps: adding the polyatomic acid, the polyhydric alcohols, the solvent and the polymerization inhibitor into a reaction kettle in sequence, switching on stirring and heating at the same time, heating to 180 to 200 DEG C, and preserving the heat; continuously detecting an acidity value, cooling to 120 DEG C when the acidity value is reduced to 120 to 130mgKOH/g, then cooling to 120 DEG C and adding the air-dry monomer, uniformly heating to 200+/-5 DEG C by 3 hours, preserving the heat until the viscosity and the acidity value are qualified, then cooling and diluting the materials, performing filtration, and discharging a product. The piano lacquer prepared from the unsaturated polyester resin serving as a base material is high in surface hardness, and is higher in glossiness and transparency without polishing, construction period is short, the unsaturated polyester resin is recoat-able, convenient to prepare, and can be generally used in the bottom surface, and the production efficiency is greatly improved.