This past Spring Rich Katz hired me to do an appraisal of his drum set and collection that he donated to the Musical Instrument Museum in Phoenix. It is currently on display there. I do appraisals of drums/cymbals/percussion instruments for tax and insurance purposes, as well as for determining resale value. I charge between $100 and $500 for appraisals depending on the number of instruments and the amount of documentation and notarizing desired. For insurance and tax appraisals I base values not on current market value or collector value, but on replacement value which tends to run higher. For resale appraisals, I base the value on current market prices. I thank Rich for bearing with me in getting his appraisal finished and for letting me show his instruments in this article. Nice pictures, Rich!
Read moreRichard Katz's Vintage Ludwigs on exhibit at the Musical Instrument Museum (MIM) in Phoenix
