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#1
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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 |
#2
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![]() Roy Bourgeois schrieb: 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 Hi Roy If you do find someone who has actually paid something to get a Peravia or has succeeded in selling one please post here. Our club still has half a dozen lying around but nobody uses them anymore. Regards Marcel |
#3
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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 |
#4
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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 |
#5
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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 |
#6
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Thanks Guys - but the funny thing is that I AM a lawyer, so I'm not
looking for legal advice! I'm merely looking for someone who has recently sold or bought a Peravia barograph - that's all. Thanks Roy Bourgeois President Greater Boston Soaring Club, Inc. |
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