-43-
March 18, 1992, and September 18, 1992,25 of 161 single or groups
of assets which were viewed by Butterfield within the decedent’s
home. The document states that only three single assets were
worth more than $1,000,26 that 87 of the 161 assets were worth
less than $100, and that 143 of the 161 assets were worth less
than $500. The document lists, for example, that the fair market
value of a “CHINESE MOTHER-OF-PEARL INLAY ROSEWOOD DINING SET”
was $800, that the fair market value of a “PAIR OF CHINESE
MOTHER-OF-PEARL INLAY ROSEWOOD DISPLAY CABINETS” was $1,500, that
the fair market value of “SIX CHINESE MOTHER-OF-PEARL INLAY
ROSEWOOD CORNER CHAIRS” was $300, that the fair market value of a
“CHINESE BLACK LACQUER GILT DECORATED ARMCHAIR” was $50, and that
the fair market value of a “PAIR OF CHINESE CARVED ROSEWOOD
RECTANGULAR STANDS” was $800. The document also lists that the
fair market values of 10 rugs were as follows:27
25 In all cases, the amount shown as fair market value is
the same on both dates.
26 Specifically, Butterfield appraised a “PAIR OF MASSIVE
CHINESE IVORY VENEER COVERED URNS” at $4,000, a “PAIR OF LARGE
CHINESE CARVED JADE PLAQUES” at $2,500, and a “LARGE CHINESE
CARVED IVORY TUSK ON WOOD STAND” at $1,400.
27 Butterfield later in 1993 sold each of these rugs at
auction. The amounts paid by the buyers for these rugs
(including applicable commission) is shown in the column to the
right. We list the amounts in that column for completeness and
do not rely on these amounts to value any of the disputed assets
herein.
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