Appraisal

[Vince Mrykalo]

> Admittedly, I'm insecure on doing appraisals. I have a client wanting to
> donate a Baldwin 'M' (1940) to a museum and I'm struggling with fixing a
> value. Would some of you mind looking over my shoulder and checking my work?
>
> The new price of a Baldwin 'M' is $19,722
> Assuming a life-expectancy of 75 years, the depreciation schedule would
> be $262.96 per year,

Shouldn't the schedule be on some sort of curve, with the greatest
depreciation happening the first couple of years?  Just curious as to
what schedule you used.

> making the present value (with 20 years remaining):
> $5,259.20, if everything was in excellent condition.
>

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vince mrykalo  rpt

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If you are not enjoying your work, you are not charging enough.

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