Estate of Emanuel Trompeter, Deceased, Robin Carol Trompeter Gonzalez and Janet Ilene Trompeter Polachek - Page 16

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          the litigation to enjoin the second auction.  Approximately                 
          4 months later, Mr. Leidman appraised the 191 coins at $3.451               
          million.  The estate used this appraisal to value the coins at              
          $3,192,175 on the estate tax return; the reported value equals              
          the $3.451 million appraisal less an estimated 7.5 percent                  
          seller's commission of $258,825 which would be payable to                   
          Superior assuming that all 191 coins sold at the second auction.            
          Mr. Leidman also valued the 191 coins at $4.5 million as of the             
          date of the decedent's death, and $3.78 million as of the                   
          alternate valuation date.                                                   
               During the litigation between Superior and the estate, the             
          estate recovered 36 additional coins which were owned by the                
          decedent, and which Mr. Goldberg had not disclosed to the estate            
          beforehand.  The decedent had consigned most of these coins to              
          Superior to sell at auctions other than the two scheduled in                
          1992.  It was not until Mr. Goldberg was questioned about                   
          additional coins during the discovery process in the superior               
          court proceeding that he admitted that some of the decedent's               
          other coins were in his possession.  In or around March 1993,               
          Superior informed the estate that the decedent had consigned                
          numerous coins to Superior in 1991, and that 24 of these coins              
          had not yet been sold.  One month later, Superior returned these            
          24 coins to the estate along with two other coins.  The remaining           
          10 coins (out of the 36 additional coins recovered by the estate)           





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