Gerald D. and Catherine Leibowitz - Page 23

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                 Category      Dimensions   Quantity    Category                      
                               (inches)                  Total                        
                 1-sheet        27 x 41       513       $9,746                        
                 3-sheet        41 x 81       306       9,128                         
                 6-sheet        81 x 81       176       6,019                         
                 24-sheet      billboard      48        83                            
                 Half-sheet     22 x 28       114       1,733                         
                 Insert         14 x 36       134       2,037                         
                 Lobby card     11 x 14       2,858     6,788                         
                 Lobby card     8 x 10        296       703                           
                 B & W still    8 x 10        1,709     189                           
                 Color still    8 x 10        18        5                             
                 Lg. foreign    47 x 62       449       6,398                         
                 Med. foreign   23 x 31       267       3,805                         
                 Sm. foreign    16 x 21       120       1,710                         
                 Pressbook      various       331       1,572                         
                 Window card    14 x 22       39         496                          
                 Total                        7,378     50,412                        

                                       OPINION                                        
          1.  Introduction                                                            
               The primary issue for decision is the 1985 fair market value           
          of the collection of movie memorabilia that petitioner donated to           
          AMMI.  Because we find that petitioners’ valuation of their 1985            
          charitable donation to AMMI is more than 150 percent of the                 
          Court's valuation, we must also decide whether petitioners are              
          liable for an addition to tax under section 6659 for any year at            
          issue in which they claimed a charitable contribution deduction             




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Last modified: May 25, 2011