Agenda 09/11/2018 Item #16D1209/11/2018
EXECUTIVE SUMMARY
Recommendation to acknowledge, accept, and appropriate a non-cash charitable book collection
donation to benefit the Collier County Public Library, and authorize the County Manager, or
designee, to sign IRS Form 8283 for documenting charitable contributions.
OBJECTIVE: To accept and appropriate a non-cash charitable book collection donation to benefit the
Collier County Public Library.
CONSIDERATIONS: On July 13, 2018, Jerald Johnson and Sherry Smith donated a collection of 3,987
books to the Collier County Public Library, which was independently appraised for $9,816.50.
The Collier County Public Library welcomes library materials for addition to its collection. Gifts are
accepted with the understanding that the Library reserves the right to determine whether the material
should be added to the collection based on the Library’s Collection Development Policy and physical
condition. Most items donated are offered to the public at book sales. Leftover book sale items are offered
to area non-profit agencies or recycled. The donor has requested acknowledgment on a Form 8283 which
is required by the IRS to receive tax deductions for charitable contributions.
FISCAL IMPACT: None.
LEGAL CONSIDERATIONS: This Item has been approved as to form and legality and requires a
majority vote for Board approval. -ERP
GROWTH MANAGEMENT IMPACT: There is no Growth Management Impact.
RECOMMENDATION: To acknowledge, accept, and appropriate a non-cash charitable book collection
donation to benefit the Collier County Public Library, and authorize the County Manager, or his designee,
to sign IRS Form 8283.
Prepared By: Tanya Williams, Library Director, Library Division
ATTACHMENT(S)
1. Johnson reissued 8283 (TIFF)
2. Johnson FMV ch don apprsl 2018 CC Lib corrected elec (PDF)
16.D.12
Packet Pg. 1295
09/11/2018
COLLIER COUNTY
Board of County Commissioners
Item Number: 16.D.12
Doc ID: 6384
Item Summary: Recommendation to acknowledge, accept, and appropriate a non-cash charitable
book collection donation to benefit the Collier County Public Library, and authorize the County Manager,
or designee, to sign IRS Form 8283 for documenting charitable contributions.
Meeting Date: 09/11/2018
Prepared by:
Title: Administrative Assistant – Library
Name: Karen Tibbetts
08/09/2018 12:25 PM
Submitted by:
Title: Assistant Division Director - Library – Library
Name: Tanya Williams
08/09/2018 12:25 PM
Approved By:
Review:
Library Tanya Williams Additional Reviewer Completed 08/16/2018 12:58 PM
Public Services Department Joshua Hammond Additional Reviewer Completed 08/20/2018 3:57 PM
Public Services Department Todd Henry Level 1 Division Reviewer Completed 08/21/2018 2:11 PM
County Attorney's Office Emily Pepin Level 2 Attorney Review Completed 08/23/2018 5:02 PM
Public Services Department Steve Carnell Level 2 Division Administrator Review Completed 08/24/2018 2:00 PM
Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 08/24/2018 2:31 PM
County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 08/27/2018 9:02 AM
Budget and Management Office Ed Finn Additional Reviewer Completed 08/27/2018 9:11 AM
County Manager's Office Nick Casalanguida Level 4 County Manager Review Completed 09/02/2018 2:58 PM
Board of County Commissioners MaryJo Brock Meeting Pending 09/11/2018 9:00 AM
16.D.12
Packet Pg. 1296
16.D.12.a
Packet Pg. 1297 Attachment: Johnson reissued 8283 (6384 : Recommendation to accept and appropriate a non-cash charitable book collection donation to
16.D.12.a
Packet Pg. 1298 Attachment: Johnson reissued 8283 (6384 : Recommendation to accept and appropriate a non-cash charitable book collection donation to
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 1 of 32
Fair Market Value Appraisal Report
Of Books
For Non-Cash Charitable Contribution
For IRS Income Tax purposes
Donor: Jerald Johnson
918 North Carolina Ave. SE
Washington, DC 20003
And Sherry Smith
1019 N. Atkinson Road
Vincennes, IN 47591
Donee: Collier County Public Library
650 Central Avenue
Naples, FL 34102
Effective Valuation Date/Date of Donation: July 9, 2018
Re-Issue Date of Report: August 5, 2018
Tax Year: 2018
16.D.12.b
Packet Pg. 1299 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 2 of 32
Table of Contents
Page Number Description
1 Title Page
2 Table of Contents
3 Summary of Donation
4-6 Scope of Work
7-8 Appraiser’s Certification
9-24 Description of Donated Property and Photographs
24 Total Fair Market Value
25 Comparable Analysis and Market Analysis
26-27 Statements, Indemnification, and Disclaimers
28-29 Definitions
30-31 Appraisers Credentials
32 Sources of Data and Bibliography
16.D.12.b
Packet Pg. 1300 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 3 of 32
Summary of Donation
Items: Book collection
Donor: Jerald Johnson and Sherry Smith
Donee: Collier County Public Library
650 Central Avenue
Naples, FL 34102
Effective Valuation Date: July 9, 2018
Terms of the Donation: There are no restrictive terms.
Purpose of Appraisal Report: Non-cash charitable donation appraisal prepared for IRS
income tax purposes for Tax Year: 2018
Valuation Standard: Fair Market Value
Valuation Approach: The Sales Comparison Approach was employed to arrive at
the appraised Fair Market Value. The Income Approach and
the Cost Approach were considered and rejected as not
applicable to this appraisal.
16.D.12.b
Packet Pg. 1301 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 4 of 32
Scope of Work
Problem To Solve: I was asked to appraise the fair market value of (3,987) books that have
been donated to the Collier County Public Library, Naples, FL. The client(s)/donor(s) require
this Appraisal Report as they will be taking a deduction from their 2018 Federal Income
Taxes based on the appraised value of the contribution. This Appraisal Report will be sent to
the client(s)/donor(s). The client(s)/donor(s) will be advised to send a copy of this Appraisal
Report to the Collier County Public Library, Naples, FL, and to keep a copy of the report with
their taxes for submission upon request.
Category/categories of Items Examined: Book Collection
Client: Jerald Johnson and Sherry Smith
Owner: Jerald Johnson and Sherry Smith
Effective Valuation Date: The values expressed in this Appraisal Report are effective as of
transfer of ownership (July 9, 2018).
Use of the Appraisal Report: Non-cash charitable donation for IRS tax purposes
User(s) of the Appraisal Report: This Appraisal Report can be used and relied upon by the
client(s)/donor(s), their designated attorney/account/agents and/or the Accepting Institution,
and the IRS. Any other user is an unintended user.
Authenticity: Although I am not an authenticator, I had no reason to doubt the authenticity of
the work except where noted.
Appraiser’s Past Exposure to Appraised Objects: Although I have appraised similar
objects for other clients, this is my initial association with these particular objects, as an
appraiser or in any other capacity.
General Assignment Conditions and Method of Examination : (I had adequate time to
examine, photograph and research the items and to write the appraisal report). I examined
the items under available daylight and incandescent light in situ. When necessary, items
were examined with a magnifying lens.
I was able to ascertain medium, style, and quality of the items from personal examination, the
referencing photographs, supporting documentation and research. I did not measure the
items. Condition is based on my observations unless otherwise noted.
I took photographs of the works including details. No modifications or alterations were made
to the photographs, except sizing and cropping. The color accuracy of the photographs
cannot be guaranteed, however, for this purpose the photographs are an accurate
representation of the object(s).
General Condition of Items: No formal condition report was supplied by the client for the
article(s). As such, I assigned each work a general condition comment – very good, good,
fair or poor with description qualifications, when needed. “Condition” refers to what is
considered generally acceptable, with ordinary wear and tear for its type, unless otherwise
noted. The following can be used as a general definition for the condition standards:
“Very good” is used when the object is in like new condition, with very little wear.
16.D.12.b
Packet Pg. 1302 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 5 of 32
Scope of Work (cont’d.)
“Good” is used when the object is unrestored with no apparent damage to the original
condition or restored/conserved/stabilized with concern for preserving the integrity of
the object.
“Fair” is used when the object has been severely compromised through damage or
restoration. It may be over-restored, lined, or re-touched, but remains representative
of the artist’s work or manufacturer’s intent.
“Poor” is used when the object has either been severely compromised through
substantial damage or poor restoration or is in unstable condition.
Limiting Conditions: The following Limiting Conditions apply to this assignment: (Due to
the sheer number of books and the fact that the collection was previously examined in depth
by a book dealer, each book was not examined separately.) These conditions limited the
examination, research and/or writing of the Appraisal Report.
Assumptions: This Appraisal Report is based on the following Assumptions: (database and
information provided by consulting sources are assumed correct)
Extraordinary Assumptions: As defined by USPAP, Extraordinary Assumptions are
assignment-specific assumptions as of the effective date regarding uncertain information
used in the analysis, that, if found to be false, could alter my opinions or conclusions. The
following Extraordinary Assumptions apply: (that the book dealer who previously examined
the collection acquired any books which had significant value).
This Appraisal Report is based only on the readily apparent identity of the items appraised,
and no further opinions or guarantee of authenticity, genuineness, attribution, or authorship is
made. I found no reason to question the authenticity of the articles, except as noted. If the
client(s) provided verbal information regarding provenance of the articles listed herein, I am
not responsible for the accuracy of this information.
Information furnished by consulting sources is assumed to be reliable.
To my knowledge, no laboratory testing has been performed on the subject property.
This Appraisal Report is not an indication or certificate of title ownership. The appraised
value is based on whole ownership and possessory interest undiminished by any li ens,
fractional interests or any other form of encumbrance or alienation. (verbal information
provided by client(s) assumed to be correct, client(s) have title).
Hypothetical Conditions: Defined by USPAP as a condition directly related to this
assignment that is contrary to what is known by the appraiser to exist on the effective date of
the assignment results, but is used for the purpose of analysis. The following Hypothetical
Conditions exist in this assignment: (there are none).
Research Methodology: My research included referencing books, auction catalogues and
online databases. Galleries, private dealers and auction houses were contacted for
information, when necessary. Sources and websites are listed under Sources of Data and
Bibliography.
16.D.12.b
Packet Pg. 1303 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 6 of 32
Scope of Work (cont’d.)
Definition of Sales Comparisons Approach and Market Examination: The Sales
Comparison Approach (also known as Market Data or Comparable Data) analyzes recent
sales and prices of comparable articles at retail establishments, galleries, and private sales
as well as international, national and regional auctions where objects such as the subject
property are normally traded.
For this particular Appraisal Report, I examined the following market(s ): national, regional
auctions, local consignment and thrift stores. I then made adjustments for each article taking
into consideration age, condition, rarity, artistic merit, technical workmanship, current trends
and availability of an article as compared to such recent sales.
Type of Value Used: Fair Market Value
Definition of Value: Appraised “Fair Market Value” as the IRS definition as stated in the
Treasury Regulation Sections 1.170A-1 (c) (2) is “the price at which the property would
change hands between a willing buyer and a willing seller, neither being under any
compulsion to buy or to sell and both having reason able knowledge of relevant facts.”
(According to Technical Advisory Memorandum 9235005 [May 27, 1992], fair market value
should include the buyer’s premium.)
Source for Definition of Fair Market Value: Treasury Regulations Section 1.170A-1 (c) (2)
Approach to Value: I considered the following approaches to value: Sales Comparison,
Income and Cost. Given the item(s) and the purpose of the assignment, I selected the Sales
Comparison Approach to arrive at the Fair Market Value.
The Income Approach and the Cost Approach were considered and rejected as not
applicable to this appraisal. The Income Approach was not considered appropriate because
the subject property at present is not income-generating. The Cost Approach was not
considered appropriate as there is no need to determine the value of the subject property
based on the cost of manufacturing or recreating an identical object at this time.
USPAP Compliancy: This Appraisal Report follows the guidelines of 2018-2019 USPAP in
that the report provides all of the necessary information/analysis to satisfy the current report
development requirements as defined in Standard 7 (Personal Property, Development) and
the writing requirements of an Appraisal Report as defined in Standard 8 (Personal Propert y,
Reporting).
16.D.12.b
Packet Pg. 1304 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 7 of 32
Appraiser’s Certification
I, Karen L. Palmer, hold myself out to the public as a professional appraiser of General
Household Contents and Fine Art Prints as included in this appraisal document. I have
previously appraised similar items for other clients.
The objective of this report is to provide an unbiased fair market value guideline and a basis
for non-cash charitable contribution evaluation. I have no bias with respect to the parties
involved with this assignment.
I certify that, to the best of my knowledge and belief, the statements of fact contained in this
report are true and correct; the reported analyses, opinions, and co nclusions are limited only
by the reported Assumptions, Limiting Conditions, Extraordinary Assumptions and
Hypothetical Conditions. The value(s) expressed herein are based on my professional
judgment and opinion and are not representations or warranties that the item(s) will realized
such values if offered for sale in an appropriate market.
This Appraisal Report is written in conformity with the 2018-2019 Uniform Standards of
Professional Appraisal Practice, written by the Appraisal Standards Board of the Appraisal
Foundation in Washington, D.C. The Appraisal Foundation is a congressionally sanctioned,
not-for-profit organization, established in 1987 and dedicated to the advancement of
professional valuation for appraisers and users of appraisal services to ensure public trust in
the work performed by appraisers.
To my knowledge and recollection, I have performed no services, as an appraiser or in any
other capacity, regarding the particular object(s) within the three-year period immediately
preceding the acceptance of this assignment. I have no past, present, or contemplated future
financial or other interest in the appraised property.
Total pages of report: (32)
Total number of articles appraised: (3,987 items in 78 lots)
Examination Date(s): July 2, 2018
Research Date(s): July 5-6, 2018
Effective Valuation Date: July 9, 2018
Re-Issue Date of Report: August 5, 2018
I examined the articles listed herein and the fair market value of each item as of the effective
valuation date. I do not have any past, present, or contemplated future interest. Valuation is
based on research and analysis or comparative market data. No other party provided
significant assistance in the valuation of the appraised property.
I understand that this Appraisal Report will be used in connection with a tax return or claim for
refund, and a false or fraudulent overstatement of the property value as described in the
qualified Appraisal Report or on the corresponding form 8283 may subject m e to the penalty
under section 6701(a) (aiding and abetting the understatement of tax liability). In addition, I
understand that I may be subject to a further penalty under section 6695A if I know, or
reasonably should know, that the Appraisal Report is t o be sued in connection with a return
or claim for refund and a substantial or gross valuation misstatement results from the
appraisal opinions. I affirm that I have not been barred from presenting evidence or
testimony by the Office of Professional Responsibility.
Photographs and/or digital images are included in this report for reference only. The
clients(s)/donor(s) are responsible for obtaining photographs if requested by the Internal
16.D.12.b
Packet Pg. 1305 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 8 of 32
Appraiser’s Certification
Revenue Service. The Collier County Public Library is responsible for obtaining and filing the
appropriate IRS form 8282, if and when applicable.
Compensation for this Appraisal Report is not contingent upon the arrived valuation. Fee is
based on an hourly rate plus expenses, as agreed prior to beginning this appraisal
assignment. No person, group, or organization was given a fee in connection with the
procurement of this appraisal assignment.
Additionally, neither compensation nor my engagement is contingent upon the reporting of a
predetermined value or direction in value that favors the cause of the client(s), the amount of
the value estimate, the attainment of a stipulated result or the occurrence of a subsequent
event.
The entire report is required to fully understand the assignment and these Certification Pages
do not encompass the entire report and are not valid without reading and understanding the
entire report.
_______________________________________
Karen L. Palmer, AAA*
Dover Appraisal Services, LLC
FEIN 14-1964294
*AAA after the Appraiser’s name indicates Certified Membership in the Appraisers
Association of America.
16.D.12.b
Packet Pg. 1306 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 9 of 32
Description of Donated Property:
1. Description and Discussion of the Donated Property
Effective Valuation Date: July 9, 2018
Fair Market Value: USD$9,816.50
General Notes
1. All books listed her are in good to very good condition, unless otherwise noted.
2. Approximately 90% of the books are hard-bound with cloth boards, most with jacket, and
the remaining 10% are trade paper bound.
Entry
1. 52) Books, 20th and 21st C editions of Mystery/Fiction Books, authors among these are:
C. J. Box, Nancy Martin, Steve Hamilton, Ian Rankin, Janet Evanovich, Walter Mosley, Laura
Lippman, John Lescroart and Steve Kinsella
Value $2.00/each USD$ 104.00
Items 1 & 2
2. 60) Books, 20th and 21st C editions of Mystery/Fiction Books, authors among these are: C.
J. Box, Nancy Martin, Steve Hamilton, Ian Rankin, Janet Evanovich, Walter Mosley, Laura
Lippman, John Lescroart and Steve Kinsella
Value $2.00/each USD$ 120.00
Living Room (arranged in built-in stacks with double rows per shelf)
3. Lot consisting of Books: 47) 20th and 21st C editions of Assorted Genre’s, including
reference books, mysteries, classic literature, books about movie stars and television
personalities
Value $1.50/each USD$ 70.00
4. 53) Books, 20th and 21st C editions of Classic British and American Literature, including
James Joyce, Virginia Woolf, Jane Austen, F. Scott Fitzgerald, Emily Bronte, F. Pa rkinson
Keyes
Value $3.00/each USD$ 159.00
5. Lot consisting of Books: 32) 20th and 21st C editions of Classic British and American
Literature, including Collector’s Library Series sets
Value $3.00/each USD$ 96.00
16.D.12.b
Packet Pg. 1307 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 10 of 32
Item 3 & 4
Items 4, 5 & 6
6. 62) Books, 20th and 21st C editions of Assorted Genre’s, including John Steinbeck, Mark
Twain, Dashiell Hammett and Library of America Series
Value $3.00/each USD$ 186.00
16.D.12.b
Packet Pg. 1308 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 11 of 32
7. Lot consisting of Books: 42) 20th and 21st C editions of Assorted Genre’s, including
Everyman’s Library Series
Value $2.00/each USD$ 84.00
8. 54) Books, 20th and 21st C editions of assorted genres, including New York Public Library
Series
Value $2.00/each USD$ 108.00
Items 6-10
Items 11-15
16.D.12.b
Packet Pg. 1309 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 12 of 32
9. Lot consisting of Books: 40) 20th and 21st C editions of assorted genres
Value $2.00/each USD$ 80.00
10. Lot consisting of Books: 50) 20th and 21st C editions of assorted genres
Value $2.00/each USD$ 100.00
11. Lot consisting of Books: 50) 20th and 21st C editions of assorted genres
Value $2.00/each USD$ 100.00
12. Lot consisting of Books: 47) 20th and 21st C editions of assorted literature, mostly fiction
Value $2.00/each USD$ 94.00
13. Lot consisting of Books: 41) 20th and 21st C editions of assorted literature, mostly fiction
Value $2.00/each USD$ 82.00
14. 41) Books, 20th and 21st C editions of biographies and m ysteries, including Jimmy Buffet
and Agatha Christie
Value $2.50/each USD$ 102.50
Items 16-18
15. Lot consisting of Books: 38) 20th and 21st C editions of biographies
Value $2.00/each USD$ 76.00
16. Lot consisting of Books: 43) 20th and 21st C editions of biographies
Value $2.00/each USD$ 86.00
17. Lot consisting of Books: 40) 20th and 21st C editions of biographies
Value $2.00/each USD$ 80.00
16.D.12.b
Packet Pg. 1310 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 13 of 32
18. Lot consisting of Books: 39) 20th and 21st C editions of biographies
Value $2.00/each USD$ 78.00
19. Lot consisting of Books: 38) 20th and 21st C editions of biographies
Value $2.00/each USD$ 76.00
Items 19-20
20. Lot consisting of Books: 42) 20th and 21st C editions of biographies, and 2) ‘Coffee table’
books about James Bond
Value $2.00/each and $5.00/each, respectively USD$ 94.00
21. Lot consisting of Books: 42) 20th and 21st C editions of biographies and popular novels
Value $2.00/each USD$ 84.00
22. Lot consisting of Books: 47) 20th and 21st C editions of biographies and popular novels
Value $2.00/each USD$ 94.00
Items 21-23
16.D.12.b
Packet Pg. 1311 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 14 of 32
23. 38) Books, 20th and 21st C editions of Biographies and popular novels, including James A.
Michener and Larry McMurtry
Value $3.00/each USD$ 114.00
24. Lot consisting of Books: 48) 20th and 21st C editions of biographies and popular novels
Value $2.00/each USD$ 96.00
25. Lot consisting of Books: 27) 20th and 21st C editions of biographies and popular novels
Value $2.00/each USD$ 54.00
Items 24, 25
Items 26-32
16.D.12.b
Packet Pg. 1312 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 15 of 32
26. 48) Books, 20th and 21st C editions of biographies and popular novels
Value $2.00/each USD$ 96.00
27. Lot consisting of Books: 50) 20th and 21st C editions of biographies and popular novels
Value $2.00/each USD$ 100.00
28. Lot consisting of Books: 49) 20th and 21st C editions of biographies and popular novels
Value $2.00/each USD$ 98.00
29. Lot consisting of Books: 50) 20th and 21st C editions of biographies and popular novels
Value $2.00/each USD$ 100.00
30. 62) Books, 20th and 21st C editions of biographies and popular novels
Value $2.00/each USD$ 124.00
31. 62) Books, 20th and 21st C editions of biographies and popular novels
Value $2.00/each USD$ 124.00
32. 55) Books, 20th and 21st C editions of history and political views
Value $2.00/each USD$ 110.00
Items 33
33. 42) Books, 20th and 21st C editions of comedy and popular novels, including Dave Barry,
Peter Matthiessen, John Hersey and Carl Hiassen
Value $2.50/each USD$ 105.00
34. 48) Books, 20th and 21st C editions of books about Florida, including Les Standiford
Value $3.00/each USD$ 144.00
Item 33-34
35. Lot consisting of Books: 37) 20th and 21st C editions of American Novelists and
Screenwriters, including John Grisham, Pete Hamil, Jane Smiley, John Irving, Jan Karon,
Sue Monk Kidd and Lily King
Value $2.50/each USD$ 92.50
16.D.12.b
Packet Pg. 1313 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 16 of 32
36. 50) Books, 20th and 21st C editions of American Novelists & Screenwriters, including John
Grisham, Pete Hamil, Jane Smiley, John Irving, Jan Karon, Sue Monk Kidd and Lily King
Value $2.50/each USD$ 125.00
37. 50) Books, 20th and 21st C editions of American Novelists & Screenwriters, including John
Grisham, Pete Hamil, Jane Smiley, John Irving, Jan Karon, Sue Monk Kidd and Lily King
Value $2.50/each USD$ 125.00
Items 35-48
38. 48) Books, 20th and 21st C editions of American & Foreign Novelists, including Annie
Proulx, James A Michener, Stewart O’Nan, Richard Price, Salman Rushdie and Evelyn
Waugh
Value $3.00/each USD$ 144.00
39. 50) Books, 20th and 21st C editions of American and Foreign Novelists, including Annie
Proulx, James A Michener, Stewart O’Nan, Richard Price, Salman Rushdie and Evelyn
Waugh
Value $3.00/each USD$ 150.00
40. 49) Books, 20th and 21st C editions of American and Foreign Novelists, including Annie
Proulx, James A Michener, Stewart O’Nan, Richard Price, Salman Rushdie and Evelyn
Waugh
Value $3.00/each USD$ 147.00
41. Lot consisting of Books: 46) 20th and 21st C editions of American and Foreign
Biographies
Value $2.00/each USD$ 92.00
42. Lot consisting of Books: 50) 20th and 21st C editions of fiction and non-fiction
Value $2.00/each USD$ 100.00
16.D.12.b
Packet Pg. 1314 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 17 of 32
43. Lot consisting of Books: 50) 20th and 21st C editions of fiction and non-fiction
Value $2.00/each USD$ 100.00
44. Lot consisting of Books: 50) 20th and 21st C editions of fiction and non-fiction
Value $2.00/each USD$ 100.00
45. Lot consisting of Books: 50) 20th and 21st C editions of books about JFK and the
Kennedy’s
Value $2.00/each USD$ 100.00
46. 35) Books, 20th and 21st C editions of books about the Kennedy family and the British
Royal family
Value $7.00/each USD$ 245.00
47. Lot consisting of Books: 39) 20th and 21st C editions of books about home design
Value $2.50/each USD$ 97.50
Items 48, 49 & 50
48. 67) Books, 20th and 21st C editions of books about Art, Givenchy, Chanel & couture
Value $5.00/each USD$ 335.00
49. 35) Books, 20th and 21st C editions of books for children
Value $3.00/each USD$ 105.00
50. 58) Books, 20th and 21st C editions of books about Chanel and couture
Value $3.00/each USD$ 174.00
16.D.12.b
Packet Pg. 1315 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 18 of 32
Item 51
51. 47) Books, 20th and 21st C editions of books about JFK and the Kennedy family
Value $3.00/each USD$ 141.00
52. 38) Books, 20th and 21st C editions of books about Jacqueline Kennedy and cookbooks
Value $3.00/each USD$ 114.00
Items 52 & 53
53. 55) Books, 20th and 21st C editions of books about Jacqueline Kennedy and cookbooks
Value $3.00/each USD$ 165.00
54. 61) Books, 20th and 21st C editions of American and Canadian Literature, including
Novels, Short Stories and Plays, including Alice Munro, Vladimir Nabokov and Arthur Miller
Value $3.00/each USD$ 183.00
55. 50) Books, 20th and 21st C editions of American and Canadian Literature, including
Novels, Short Stories and Plays, including Alice Munro, Vladimir Nabokov and Arthur Miller
Value $3.00/each USD$ 150.00
56. 46) Books, 20th and 21st C editions of American and Canadian Literature, including
Novels, Short Stories and Plays, including Alice Munro, Vladimir Nabokov and Arthur Miller
Value $3.00/each USD$ 138.00
57. Lot consisting of Books: 43) 20th and 21st C editions of American Fiction, including
mysteries, action/drama genre’s (Laurence Shames, Andrew Vachss, Daniel Sylva, Michelle
Spring and Julie Smith)
Value $2.00/each USD$ 86.00
16.D.12.b
Packet Pg. 1316 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 19 of 32
58. Lot consisting of Books: 44) 20th and 21st C editions of American Fiction, including
mysteries, action/drama genre’s (Laurence Shames, Andrew Vachss, Daniel Sylva, Michelle
Spring and Julie Smith)
Value $2.00/each USD$ 88.00
Items 54-58
Guest Room
59. 36) Books, 20th and 21st C editions of American Female Writers, including Joyce Carol
Oates and Lois Gould
Value $3.00/each USD$ 108.00
60. 36) Books, 20th and 21st C editions of assorted genres, including mysteries, books about
Hollywood, books about the Wyeth family of artists and miniature books
Value $3.00/each USD$ 108.00
Items 59-61
16.D.12.b
Packet Pg. 1317 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 20 of 32
Items 62-63
61. 44) Books, 20th and 21st C editions of assorted genres, including mysteries, books about
Hollywood, books about the Wyeth family of artists and miniature books
Value $3.00/each USD$ 132.00
62. 44) Books, 20th and 21st C editions of American Writers, including Lois Wyse, Agatha
Christie, Robert Waller and Belva Plain
Value $2.50/each USD$ 110.00
63. 45) Books, 20th and 21st C editions of Mystery Writers, including the Franklin Mystery
Series in gilt edge, leather bound with gilt titles, a series by John Mortimer, and books by
Raymond Chandler and David Bishop
Value $2.50/each USD$ 112.50
Item 63 Item 64
16.D.12.b
Packet Pg. 1318 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 21 of 32
Items 64-66
64. 43) Books, 20th and 21st C editions of Sherlock Holmes books and books by Ian Fleming
Value $3.00/each USD$ 129.00
65. 20) Books, 20th and 21st C editions of Sherlock Holmes books and books by Ian Fleming
Value $3.00/each USD$ 60.00
66. Lot consisting of Books: 31) 20th and 21st C editions of Sherlock Holmes books, books by
Ian Fleming, Laurie King and Sue Grafton
Value $3.00/each USD$ 93.00
67. Lot consisting of Books: 42) 20th and 21st C editions of popular American writers,
including Anne Perry, Maeve Binchy, Elin Hildebrand, Julie Garwood, Robert Parker and
Louis Bayard
Value $2.00/each USD$ 84.00
68. Lot consisting of Books: 33) 20th and 21st C editions of popular American writers,
including Anne Perry, Maeve Binchy, Elin Hildebrand, Julie Garwood, Robert Parker and
Louis Bayard
Value $2.00/each USD$ 66.00
69. Lot consisting of Books: 45) 20th and 21st C editions of popular female American writers,
including Wendy Wasserstein, Sharon Owens, Dorothea Benton Frank, Amy Bloom and
Barbara Delinsky
Value $2.00/each USD$ 90.00
16.D.12.b
Packet Pg. 1319 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 22 of 32
Items 67-68
Items 69
Master Bedroom
70. 52) Books, 20th and 21st C editions of books by P.J. Wodehouse
Value $2.00/each USD$ 104.00
71. 62) Books, 20th and 21st C editions of books on reading
Value $2.00/each USD$ 124.00
72. Lot consisting of Books: 41) 20th and 21st C editions of books on writing
Value $2.00/each USD$ 82.00
16.D.12.b
Packet Pg. 1320 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 23 of 32
Items 70-72 Item 73
73. 151) Books, 20th and 21st C editions of popular American writers, including Sarah Dunn,
Aimee and David Thurlo, Sara Paretsky, Joseph Wambaugh, and Elmore Leonard
Value $2.00/each USD$ 302.00
74. 95) Books, 20th and 21st C editions of popular American writers of a variety of genre’s,
including Sarah Dunn, Aimee and David Thurlo, Sara Paretsky, Joseph Wambaugh, Elmore
Leonard, Neal Baer, Stephen King, Gordon Campbell and Kate Atkinson
Value $2.50/each USD$ 237.50
Item 73
16.D.12.b
Packet Pg. 1321 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 24 of 32
Items 73-78
75. 84) Books, 20th and 21st C editions of assorted genre’s and books about John F Kennedy,
and books by Wendy Lesser and Annie Spence, among others
Value $3.00/each USD$ 252.00
76. 228) Books, 20th and 21st C editions of assorted genre’s, including books by Dan Brown,
David Morrell, Martha Grimes and Thomas Harris, among others
Value $2.50/each USD$ 570.00
77. 86) Books, 20th and 21st C editions of Agatha Christie Mystery Collection, books by Albert
Brooks, Stephen King, Mickey Spillane, John Connolly, J.K. Rowling, Robin Cook, Dave
Barry and Tim Dorsey, among others
Value $3.00/each USD$ 258.00
Hall
78. Lot consisting of 40) Books: 20th and 21st C editions of assorted genre’s
Value $2.00/each USD$ 80.00
TOTAL FAIR MARKET VALUE USD$9,816.50
16.D.12.b
Packet Pg. 1322 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 25 of 32
Comparable Analysis
Many genres of books and authors of books were researched within realized auctions for
these values, and have been arranged within this appraisal report by room, category and by
the results of that research. Local consignment and thrift stores were researched for current
pricing of books in the secondary market. Online vendors, such as ‘Abebooks’, were also
researched for current listings of popular authors that are listed here.
Market Analysis
The market for this collection is consignment or thrift stores or local and regional American
auction houses. Used books do sell in these venues and markets; however they are
generally sold at substantially reduced prices from their original retail value. Perhaps this is
because they are also available at public libraries for free or the time it takes to sign up for a
library card. Online accessibility to books has also hurt the secondary market for hard-bound
books.
The used book market that brings higher values include only rare first editions and signed or
autographed first editions, that have become desirable by the collecting public and dealers.
16.D.12.b
Packet Pg. 1323 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 26 of 32
Statements, Indemnifications, and Disclaimers
This Appraisal Report consists of (32) pages and must be presented in its entirety to be valid.
This document is prepared solely for Non-Cash Charitable Contribution purposes using the
sales comparison approach to arrive at fair market value as of the stated effective date. It is
to be used solely by the intended users listed in this report for income tax purposes.
Unless otherwise stated herein, this Appraisal Report is based only on the readily apparent
identity of the item(s) appraised, and no further opinions or guarantee of authenticity,
genuineness, attribution, or authorship is made. However, in appraising the subject property,
I found no reason to question the authenticity of the article(s), except as noted. To my
knowledge, no laboratory testing has been performed on the subject property.
Unless otherwise stated herein, the appraised value is based on whole ownership and
possessory interest undiminished by any liens, fractional interests or any other form of
encumbrance or alienation.
This Appraisal Report is made at the request of the parties named for their use. The
Appraisal Report is not an indication or certificate of title ownership. The identification of the
interest of the requesting parties is simply represented to me by such parties and no inquiry
or investigation has been made or is any opinion given as to the truth of such representation.
The values expressed herein reflect my professional judgment and opinion and are not a
representation or warrantee that the item(s) will realize that value if offered for sale at an
auction or otherwise. The value(s) expressed are based on current information on the
assigned effective valuation date stated on the cover page of this report. N o opinion is
hereby expressed as to any future value, nor unless otherwise stated, as to any past value.
The market level selected for this assignment is based on the subject property’s current use
and alternative uses as relevant to the type and definition of value and the intended use of
the Appraisal Report. As such, I considered the most common marketplace(s) given the
purpose of this appraisal assignment.
The client shall indemnify, defend and hold me as the appraiser harmless from and against
all actions, claims, or expenses incurred as a result of claim s based on or arising from the
appraisal and the Appraisal Report, by third parties unrelated to the stated purpose of this
and appraisal and Appraisal Report.
I am not required to give testimony, be present in any court of law, or before any commission
or board by reason of this Appraisal Report without reasonable prior notice. Should this
report be challenged in any way, not limited to litigation, it is understood that I am prepared to
defend this Appraisal Report, if required. Appearance and testimony at deposition, trial, or
alternative dispute resolution proceedings and the necessary preparations thereof are
considered to be new and separate assignments. Such assignments will be billed at my then
current fee schedule.
Possession of this report, or a copy thereof, does not include the right of publication witho ut
my written consent. This report or any part thereof, including my identity as an appraiser or
my firm, shall not be made public through advertising, public relations, news releases, sales,
or other distributive or information media without written cons ent.
16.D.12.b
Packet Pg. 1324 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 27 of 32
Statements, Indemnifications, and Disclaimers (cont’d.)
Copies of this Appraisal Report and my written and electronic notes pertaining to the
appraisal assignment will be kept in the offices of Karen Palmer/Dover Appraisal Services,
LLC, for a minimal period of five (5) years after the date of issue or two (2) years after final
disposition of any judicial proceedings involving myself, whichever period expires last.
I/Dover Appraisal Services, LLC will make every effort to store the client’s records in a safe
and secure environment. However, I/Dover Appraisal Services, LLC is not responsible for
acts of nature, war, terrorism, or other unexpected catastrophes which may affect the
safekeeping of this report.
All matters relating to my duties, responsibilities, and liabilities are in accord with the
Valuation Standards & Professional Practices as outlined by the Appraisal Foundation in the
2018/2019 Uniform Standards of Professional Appraisal Practice and the Principles of
Practice and the Code of Ethics of the Appraisers Association of America.
Submission of this Appraisal Report concludes this appraisal assignment. Additional services
related to this appraisal shall constitute a new assignment and shall be invoiced according to
my current fee schedule at that time.
16.D.12.b
Packet Pg. 1325 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 28 of 32
Definitions
Appraisal: (noun) The act or process of developing an opinion of value.
(adjective) Of or pertaining to appraising and related functions such as appraisal
practice or appraisal services. (USPAP)
Appraisal Methodology: The procedures and rules for executing appraisals.
Appraiser: One who is expected to perform valuation services competently and in a manner
that is independent, impartial, and objective. (USPAP)
Assumption: That which is taken to be true. (USPAP)
Certified Appraiser: One who has been awarded this designation by a testing, self-
regulating organization, such as the Appraisers Association of America or the American
Society of Appraisers
Comparables: Prices realized for similar or comparable items to those being appraised,
which have been sold in the most appropriate market.
Comparative Market Data Approach: The most commonly applied approach when
appraising personal property, in which appraised value is based upon past prices (close to
the effective date) for similar works by the same artist or artisan, or similar works by another
artist or artisan of equal standing and related reputation.
Disclaimer: A listing of elements for which the appraiser does not accept responsibility.
Extraordinary Assumption: An assumption, directly related to a specific assignment, as of
the effective date of the assignment results, which, if found to be false, could alter the
appraiser’s opinions or conclusions.
Fair Market Value: Fair Market Value (FMV) “is the price at which the property would
change hands between a willing buyer and a willing seller, neither being under any
compulsion to buy or to sell and both having reasonable knowledge of the relevant facts”.
(IRS Section 1.170 and 20.2031 (b))
Highest & Best Use: A real estate term which is frequently equivalent to “Most Appropriate
Market”.
Most Appropriate Market or Marketplace: The venue in which the appraiser determines an
object can be sold most easily and at the highest price.
N.C.V. – No Commercial Value.
Note Bene: Note well
Personal Property: Identifiable tangible objects that are considered by the general public as
being “personal”; for example, furnishings, artwork, antiques, gems and jewelry, collectibles,
machinery and equipment; all tangible property that is not classified as real estate. (USPAP)
Price: The amount asked, offered, or paid for a property. (USPAP)
16.D.12.b
Packet Pg. 1326 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 29 of 32
Definitions (cont’d.)
Primary Market: Primary Market is the one created by either the maker or agent of the
maker when an object is sold for the first time.
Qualified Appraisal: According to the IRS, “an appraisal document that: relates to an
appraisal made not earlier than 60 days before the date of contribution of the appraised
property, does not involve a prohibited appraisal fee, and is prepared, signed, and dated by a
qualified appraiser.”
Qualified Appraiser: According to the IRS, “an individual who declares on the appraisal
summary that he or she: hold himself or herself out to the public as an appraiser or performs
appraisals on a regular basis, is qualified to make appraisals of the type of property being
valued because of his or her qualifications described in the appraisal, is not an excluded
individual, and understands that an intentionally false overstatement of the value of property
may subject him or her to the penalty for aiding and abetting an understatement of tax
liability.”
Retail Replacement Value: The highest price in terms of US dollars that would be required
to replace a property with another of similar age, quality, origin, appearance, provenance and
condition within a reasonable length of time in an appropriate and relevant market. (NYU
Appraisal Studies Program)
Scope of Work: The type and extent of research and analyses in an appraisal or appraisal
review assignment. (USPAP)
Secondary Market: Secondary market is the venue for sale of an object between a seller
and a buyer neither of whom had participated in the creation or initial sale of the object.
Statement of Assumptions and Limiting Conditions: A statement by the appraiser listing
the parameters of the appraisal, the responsibilities of the appraiser, and any information and
procedures for which the appraiser does not assume responsibility.
Uniform Standards of Professional Appraisal Practice: Procedure and guidelines for
correctly prepared appraisals established by the Appraisal Foundation, and revised and
published annually. Citations for USPAP must include the year’s regulations being
referenced (2018/2019 Edition).
USD: U.S. Dollars
Value: The monetary relationship between properties and those who buy, sell, or use those
properties. (USPAP)
16.D.12.b
Packet Pg. 1327 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 30 of 32
Karen L. Palmer
Appraisal Experience
Prints, paintings, art glass, ceramics, furniture, silver, residential contents
Specializations
AAA – Certified Member, Household Contents, General – 2015
AAA – Certified Member, Fine Art Prints – 2012
Education/CE Appraisers Assoc. of America –The Generalist Appraiser – 2015
Appraisal Seminar, Brunk Auctions – Asheville, NC – 2014
MESDA Seminar: Southern Silver, Recent Findings – Salem, NC – 2014
Appraisers Association of America – Cranbrook Academy, Detroit, MI
Focus on Art Deco and African-American Art – 2013
New York University, Fine Art Prints – Swann Galleries, NY – 2010
Southern Decorative Arts Symposium, Brunk Auctions – Asheville, NC – 2009
Winterthur Silver Symposium – Winterthur Museum – Wilmington, DE – 2007
AAA Annual Conference/Art Law Day, NY – 2007, 2010, 2012, 2017
USPAP, Tested and Passed – 7/2005, 11/2007, 2012, 2014, 2016, 2018
New York University – Appraisal Studies Program
Advanced Certificate in Connoisseurship – Decorative Arts, 2007
Certificate in Appraisal Studies – August, 2005
Northwestern University, Chicago, IL (attended)
Edison Community College, Naples, FL (attended)
Ray-Vogue Schools, Chicago, IL – Interior Design Program, 1970-1972
Business Affiliations
Dover Appraisal Services, LLC, Naples, FL, Certified Appraiser, 201 2-present
Dover Appraisal Services, LLC, Naples, FL, Appraiser, 2006-2012
Kalvin Design Studios, Naples, FL – Senior Designer – 2000-2006
Herrmann/Doverspike & Associates, Inc., Naples, FL – Owner of 15-person
Architecture/Interior Design Firm 1996-2000
Doverspike Associates, Naples, FL – Sole Proprietor/Int. Designer 1993-1996
Richard Geary Interiors, Naples, FL – Senior Designer 1988-1993
Lantvit/Doverspike, Chicago, IL – Partner/Interior Designer 1983-1988
Bischoff/Lincoln Inc., Chicago, IL – Vice Pres., Dir. of Interiors, 1978-1983
Marshall Field & Co/Contract Div., Chicago, IL – Interior Designer 1973-1978
16.D.12.b
Packet Pg. 1328 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 31 of 32
Professional Associations
Appraisers Association of America, Certified Member, 2012 to present
Appraisers Association of America, Member, 2006-2012
NCIDQ (National Council for Interior Design Qualifications) – Tested and
Passed, April, 1989
Licensed Interior Designer – State of Florida ID-0003574
Naples Art Association/Von Liebig Art Center
Naples Museum of Art/Friends of Art
Notary Public – 2005 - 2009, Florida
Background: For much of my career, I have designed commercial spaces – banks, hotels,
restaurants, offices, retail and medical offices; I have enjoyed opportunities to
design high-end residential living spaces, as well. Prominent projects I have
been involved with over the years include:
Ritz-Carlton Hotel – Chicago
Carlton Club – Chicago
Sidley & Austin – Chicago, New York, Los Angeles and Washington, DC
First Chicago Corporation – Chicago
First National Bank of Chicago – Women’s Banking Center
Klutznick Enterprises – Chicago
General Foods – Jello & Kool-Aid Facilities – Chicago
SunTrust – Naples (Main facility and four branches)
John R. Wood Inc., Realtors – Naples (Main facility and three branches)
WilsonMiller, Inc. – Naples, Ft. Myers, Tallahassee, Sarasota
Cork’s Wine Bar – Naples
Mr & Mrs. Jochen Holy residence – Naples
Mr. & Mrs. Herbert Frommen residence – Naples
Strehle/Baumler Residence – Sanibel Island
Working with Richard Geary, we developed a modular, stackable line of
furniture to be purchased for children, which could be expanded and used as
the children matured without looking like “children’s furniture”. We also
designed the prototype retail store from which the furniture would be sold.
To my knowledge the furniture is still in production.
As a licensed interior designer, I expanded my art and design knowledge of
furniture and the decorative arts through continuing education workshops
and seminars covering a variety of furniture and design-related subjects
throughout my career. As a lifelong student of the arts and as an appraiser,
I continue to add to my knowledge and expertise of the fine and decorative
arts with reading, and attending lectures and auctions on a regular basis.
16.D.12.b
Packet Pg. 1329 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable
Dover Appraisal Services, LLC
Fair Market Value Appraisal Report of Books
For Jerald Johnson and Sherry Smith
239-643-5862 office /mobile For Non-Cash Charitable Contribution purposes
531 Spring Line Drive / Naples, FL 34102 Effective Date: July 9, 2018
Karen L. Palmer, Appraiser
kpalmer@doverappraisals.com Page 32 of 32
Sources of Data and Bibliography
Websites:
https://www.invaluable.com
https://www.liveauctioneers.com
Retail: St. Matthews Boutique Thrift Store, Naples, FL
Salvation Army Thrift Store, Naples, FL
The Shelter Options Shoppe, Naples, FL
Online Retail: https://www.abebooks.com
Bibliography:
The Appraisal Foundation. Uniform Standards of Professional Appraisal Practice & Advisory
Opinions, 2018/2019 Edition. United States of America. 2018.
16.D.12.b
Packet Pg. 1330 Attachment: Johnson FMV ch don apprsl 2018 CC Lib corrected elec (6384 : Recommendation to accept and appropriate a non-cash charitable