Actually it is not illegal. No evaluation by a disinterested party is
required.



First of all, he is not going to put down $10K as the value. Second the
club member is not going to give him a paper with that number on it.



Actually, usually organizations which receive gifts simply give a letter
of receipt for the item without claiming any particular value. It is up
to the person claiming the gift deduction to claim a value for it. Then
the IRS (in the USA) will either accept that or reject it. And, by the
way, the courts have ruled that citizens have the right to seek to
minimize any taxes due, legally of course.


"Nyal Williams" wrote in
message :

Not for tax purposes! That is illegal; it must be
evaluated by a disinterested party. Consider having
him tell you that it is a museum piece worth $10K and
giving him a letter acknowledging a $10K gift for tax
purposes.


At 15:30 15 September 2005, 01-- Zero One wrote:
I would suggest asking the donor to tell you what he
thinks it is worth.
That sounds like the correct price to me.



Larry





'Roy Bourgeois' wrote in message



:

Friends:

We recently received a donation of an excellent condition
Peravia barograph
(with case and extra paper). I promised the donor
a letter stating the
value of the donation. There was a time when these
were very valuable -
but I do not know if they still hold that value in
these days of GPS and
secure data recorders.

I would appreciate opinions of value or recent sale
information from
experienced people on the list. I personally own
a different Peravia but
rarely use it now.

Thanks

Roy Bourgeois
President, Greater Boston Soaring Club