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Wayne
Wayne, Bachelor's Degree
Category: Musical Instrument Appraisal
Satisfied Customers: 3954
Experience:  40 yrs. buying and selling instruments.
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Appraised value of a Lowery Raphsody Organ. Purchased in August

Customer Question

Appraised value of a Lowery Raphsody Organ. Purchased in August 2005. Lightly used. Single user (female). No blemishes.
Submitted: 1 year ago.
Category: Musical Instrument Appraisal
Expert:  Wayne replied 1 year ago.
Hi,
My name is***** have been dealing in and appraising musical instruments for over 40 years, and I can help you with this. Please tell me the model if you can?
Thanks,
Wayne
Customer: replied 1 year ago.
The model is SU400.
Customer: replied 1 year ago.
I have received no response since Saturday. What gives?
Expert:  Wayne replied 1 year ago.
Hi,
Donation value is based on fair market value. This is the price an object would sell for between a willing buyer and a seller such as an auction price or a secondhand person to person transaction, Although this organ retailed for over $20,000 new, the current fair market value is $6000. This the price that should be used for donation or tax purposes.
Thank you,
Wayne

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