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Date: | Thu, 4 Oct 2012 16:01:01 -0400 |
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I could not find anything on this specific topic in the archives. We have been given a number of items: photographs, books, ledgers, letters, tax receipts, checks, bank books by the descendents of our buggy maker. While we can easily put a value on the books, I have never attempted to value correspondence. We have used outside appraisers for some of our collection - vehicles, stoves, etc, but that was for insurance purposes and this is more for tax purposes. While we do not normally do this for donors, we felt since this was the descendents and it is actually a gift from the grandson's estate, we could/should do this or at least attempt to do this. Although it may turn out to be a pointless exercise if their attorney says it doesn't matter. Can anyone offer advice? Where do you go to appraise letters, ledgers and bank records? I'm pretty sure that IRS forms do not allow you to value you something as "priceless". Thank you in advance for any assistance,
Bronwen A. Sanders
Executive Director
Mifflinburg Buggy Museum
570-966-1355
www.buggymuseum.org
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