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Appraisal of Personal Property

BELONGING TO JOHN SNYDER

FOR THE PURPOSE OF PROVIDING AN OPINION OF THE FAIR MARKET VALUE FOR SALE FOR SALE

INSPECTION DATE: JUNE- AUGUST 2018

COMPETION DATE: SEPTEMBER 9, 2018

EFFECTIVE DATE: SEPTEMEBER 9, 2018

ALLAN J. STYPECK, ASA

12160 PARKLAWN DR., ROCKVILLE, MD 20852

FID #52-1100510

CERTIFICATION AND TRANSMITTAL

During June-August, 2018, Allan Stypeck, Senior Member American Society of Appraisers, physically inspected the music archive and related material belonging to John Snyder, Henry Clay Avenue, Neo Orleans, Louisiana 70118.  The inspection took place at 1515 Henry Clay Avenue, New Orleans, Louisiana and 12160 Parklawn Drive, Rockville, Maryland. .  The purpose of this appraisal is to determine an opinion of the Fair Market Value for resale.  The appraisal was requested by John Snyder.

As of September 9, 2018, Mr. Stypeck has completed all inspections, research and preparations pertaining to this appraisal report as agreed upon in advance with John Snyder, thereby concluding contractual obligations.  The effective date of the values appearing in this appraisal is September 9, 2018.

This appraisal report has been prepared in strict accordance with the Uniform Standards of Professional Appraisal Practice (USPAP) set forth by the Appraisal Standards Board of the Appraisal Foundation, Washington, DC, and with the Principles of Appraisal Practice Code of Ethics set forth by the American Society of Appraisers, Washington, DC.

All statements or definitions of purpose, intended use, value, valuation approach, limiting conditions, liabilities and terminology of credentials are included in this document.  Any changes or omissions of these or any pages of this report will automatically render the entire appraisal null and void and abrogate the appraiser’s responsibility.

The appraiser has no present or contemplated future interest, direct or indirect, in the subject material of this appraisal, or in its preparation or execution, other than the agreed upon appraiser’s fee.

To the best of our knowledge, information and belief, the opinions of value expressed in the appraisal, attached hereto, represent the Fair Market Value of the subject matter as of the effective date of September 9, 2019 to be $750,000 (Seven Hundred Fifty Thousand Dollars).

By: ALLAN J. STYPECK, A.S.A., Accredited Senior Appraiser

PURPOSE AND INTENDED USE

The purpose of this appraisal is to express an opinion regarding the Fair Market Value of the properties described hereinafter. This appraisal is intended to function solely in the context of said purpose.  Any other use will render the entire appraisal null and void and abrogate the appraiser’s responsibility.

DEFINITION OF VALUE

The type of value expressed by this appraisal report is Fair Market Value.  Fair Market Value is a concept first defined by the U. S. Internal Revenue Service and is the sole concept of value accepted by that body for assessing properties intended for sale, among its other taxation functions.  It is here (and normally) understood to represent that amount of money at which a property would change hands between a willing buyer and a willing seller in the appropriate marketplace, neither being under any compulsion to buy or sell, and both having reasonable knowledge of the relevant facts.

VALUATION APPROACH

The approach to value employed in this appraisal to estimate Fair Market Value of the subject material is the Market Comparison Approach, also known as the Sales Comparison Method of Valuation.  This is one of the three customary approaches in valuation and is the most widely used method for personal property appraisal. It involves the comparison of a subject property with properties of reasonably similar qualities that have sold during a relevant time frame in a relevant market.

LIMITING CONDITIONS AND LIABILITIES

This appraisal report, or any copies of it, may be transmitted to third parties or legal entities only in its entirety.  Separation of the report, removal of pages, or changes made to any page will render the entire appraisal null and void and abrogate the appraiser’s responsibility.  Improper dissemination or use for a purpose other than stated also renders the report null and void.

This appraisal has been made with the understanding that the ownership of the materials by John Snyder includes all rights that may be lawfully owned and is not subject to any encumbrances.

Neither the assignment to prepare this appraisal report nor the compensation is contingent upon the value of the property.  All fees for professional services in connection to the preparation of this report have been established on a flat hourly rate for professional time and are not based upon a percentage of property value.

Liability if any, for any material inaccuracies in this report is strictly limited to the amount of compensation paid for this appraisal report.  In addition, the appraiser shall not be required to appear in court in connection with the subject properties unless arrangements, including professional fees, are previously made.

SCOPE AND CONTENT

The following inventory of archival papers, recordings, audio/visual tapes, unproduced practice, studio and live performance tapes and related material pertaining to the career of John Snyder, Producer, Manager and Agent of multiple jazz performers, including musicians and vocalists, is being appraised for fair market value sale purposes. Inventory lists and an 88-minute DVD narrated by John Snyder physically reviewing the collection at his home in New Orleans is enclosed with the appraisal report. The entire collection has been physical reviewed by Allan Stypeck, Senior Member American Society of Appraisers. The inventory is generally in very good or better with above average sound and visual quality.

 John Snyder is an internationally respected member of the jazz music community. He is highly regarded as a music attorney, music producer, artist manager and educator. John Snyder has produced over 350 recordings for national and international record companies (1975-2016) and over 400 compilations and recordings on CD (1987-1998). His productions of jazz recordings have been nominate for 32 Grammys of which 5 have won the Grammy Award. (See enclosed list)

As a personal agent, John Snyder has managed Gil Evans, Jim Hall, Art Pepper, Chet Baker and Ornette Coleman. He has produced multiple DVD’s of Bobby Short, Etta James, Bob Brookmeyer, Warren Vache, Gerry Mulligan and many other prominent members of the jazz music community. A chronological biography of John Snyder’s professional career in music is enclosed with this appraisal report.

The John Snyder archive consists of over 600 linear feet of music production archives and related material spanning the career of John Snyder from the early 1970’s to the present. The 88-minute DVD created and narrated by John Snyder provides an extensive visual review of the scope and content of the entire collection.

The collection contains the following components: (all components have inventories enclosed with the appraisal report)

  1. Archival papers, correspondence and production notebooks pertaining to over 250 individual performers, groups, bands and additional jazz related projects including Jazz Masterclasses. Included in the archive is a substantial file relating to Chet Baker circa 1975-1981 (The Comeback Years) The file contains material relating to Baker’s recovery from the Methadone Program he entered to recover from drug addiction, correspondence relating to issues with his drug recovery and ability to perform, work contracts and agreements and a substantial quantity of original and unpublished correspondence between Chet Baker, his mother Vera Baker, wife Carol Baker, girlfriend Ruth Young and manager John Snyder.
  1. Approximately 7,800 audio/visual media tapes in various formats including reel to reel tapes, cassette tapes, digital tapes, video cassettes, DVD’s, DVC’s and other miscellaneous formats. These tapes include unproduced sessions and record dates, live performances, performance documentaries, TV performances, interviews and various spontaneous filming of events relating to the sessions and performances. Much of the material has never been produced commercially.
  1. A collection of John Snyder’s produced recordings containing over 750 original LP recordings, CD’s and DVD’s. Approximately 200 of these recordings have various quantities of duplication in the collection
  1. Approximately 11,000 original photographs relating to John Snyder’s career in music including, but not restricted to, practice and recording sessions, live performances, musicians and recording crews and personal and professional friendships.
  1. 8292 DVD’s of 10 Jazz Masterclass Recordings (all are in various multiple quantities, see enclosed list).
  1. 780 cassettes of recordings produced by John Snyder for the Artist House Record label in the 1970’s (all are in various multiple quantities).
  1. A collection of approximately 178 signed baseballs memorializing recording sessions inscribed by the artists.
  1. Miscellaneous memorabilia including signed photographs and instruments from Ornette Coleman, Chet Baker,Don Cherry, James Cotton, Sugar Blue, Junior Wells, The Allman Brothers and the Derek Trucks Band.

EVALUATION

This appraiser’s opinion of value is based on comparable prices obtained for the general recordings and CD’s from the out-of-print and used music recording marketplace, including disccog.com, amazon.com and other internet websites specializing in jazz recordings. Comparable values for the signature and historic value of the correspondence, signed baseballs and archival value of the collection was obtained from ABAA/ILAB booksellers’ specializing in music and autographs, including James Cummins Booksellers, Ken Lopez, J & J Lubrano Music Antiquarians, Schulson Autographs, and University Archives, current auction sales records obtained from American Book Prices Current and this appraiser’s forty years of experience and expertise appraising and selling similar items and collections including, but not restricted to, the following:

Johnson C. Smith U., the Richard W. Pollay collection of black gospel music

Columbia U., the Irene and Jack Delano collection pertaining to Puerto Rico, including archival papers, art, music and photographs

Peabody Conservatory of Music, archival papers, music scores and related material of ghost singer Marni Nixon

U. of Pittsburgh, archival papers and related material of dancer Bob Johnson, including original script of the musical Hair

U. of Pittsburgh, archival papers and related material of opera singer Marilyn Horne

Archival papers, books and memorabilia of actor Earle Hyman

George Mason U., the David Stone collection of Gilbert and Sullivan music and manuscripts

U. of Maryland’s Michelle Smith Performing Arts Library, trombonist Milton Steven’s archival papers and signed photographs of conductors

Smithsonian Institution Museum of American History, scores and arrangements of the Boyd Raeburn Jazz Band, including the original manuscript arrangement of Night in Tunisia by Dizzy Gillespie

Washington Bach Consort, large collection of Bach related scores hand annotated by conductor/performer J. Reilly Lewis

Indiana U. John Edward Hasse collection of vintage American sheet music

U. of Maryland, Michelle Smith Performing Arts Library, collection of signedsheet music and related material of clarinetist Sidney S. Forrest, Part II

Peabody Conservatory of Music, library, music scores and related material of vocalist and instructor Phyllis Bryn-Julson, Part II

Peabody Conservatory of Music, library, music scores and related material of organist and instructor Donald S. Sutherland, Part II

U. of Maryland Michelle Smith Performing Arts Library, large collection of original WQXR studio recordings and miscellaneous live performances and interviews

Virginia Theological Seminary, archival papers, CDs, musical and conducting scores of musical conductor and Bach scholar J. Reilly Lewis

University of Maryland Michelle Smith Performing Arts Library, the Lee Rubenstein Performing Arts Program Collection

District of Columbia Public Library, archival papers, audio/visual material, books and related material pertaining to the Washington, DC Punk music movement

University of Maryland Michelle Smith Performing Arts Library, archival papers and related material pertaining to American composer Edward MacDowell

Smithsonian Institution, archives of Arthur Stern, including original material relating to Pete Seeger, Woody Guthrie and the Almanac Singers

U. of Maryland Michelle Smith Performing Arts Library, archival papers and original music compositions and scores of composer Aaron Avshalomov

Smithsonian Institution, the John Edward Hasse collection of books pertaining to music

U. of Maryland, Michelle Smith Performing Arts Library, sheet music and related material of clarinetist Sidney S. Forrest, Part I

Johns Hopkins Peabody Institution’s Music Conservatory, artifacts and memorabilia from the Rosa Ponselle Foundation

Library of Congress, scrapbooks and related material pertaining to the Washington National Opera with emphasis on tenor/artistic director Placido Domingo

Johns Hopkins Peabody Institution’s Music Conservatory, the Lester Dequaine collection of artifacts and memorabilia primarily pertaining to the career of operatic soprano Rosa Ponselle, including material from the Rosa Ponselle Museum

U. of Pittsburgh, archival papers, music and related material of organist and professor of music history Robert Sutherland Lord

Smithsonian Institution, Original sketches of costume designs and related material oftelevision and entertainment costume designer J. Michael Travis

Johns Hopkins University, papers, correspondence and ephemeral material pertaining to American composer, musical theorist and teacher Milton Babbitt

Collection of original individual instrument scores and charts from the Count Basie Band

Peabody Conservatory of Music, two custom-made Ovation guitars owned and played by jazz guitarist Charlie Byrd

Washington Bach Consort, collection of sheet music

Peabody Conservatory of Music, library, music scores and related material of vocalist and instructor Phyllis Bryn-Julson, Part I

Peabody Conservatory of Music, library, music scores and related material of organist and instructor Donald S. Sutherland, Part I

U. of Maryland, Michelle Smith Performing Arts Library, rare facsimile editions of medieval music with CDs

U. of Maryland Film School, 16mm film collection of AFI archivist Lawrence Karr

Catholic U. of America, large collection of classical CDs

Hillsdale College, comprehensive collection of over 14,000 LPs, CDs and cassette tapes of classical music recordings

Curtis Institute of Music, collection of early 20th-century autographs of central and eastern European actors, musicians, composers and conductors

Catholic University of America, the Saul Kruger collection of books, sheet music and CDs

University of the District of Columbia, the Richard Rosman Collection of LP Jazz records from Norman Granz’s Pablo Label

Temple U., Lawrence F. Karr and Kathleen Karr archival collection pertaining to the motion picture industry
Smithsonian Institution’s Center for Folklife and Cultural Heritage, complete collection of the Smithsonian Folkways Series recordings from the estate of Harold Courlander, co-creator of the Series

U. of Maryland, Michelle Smith Performing Arts Library, Robert Sherman’s signed LP records and books relating to performing arts

Peabody Conservatory of Music, archival papers and related material of jazz guitarist Charlie Byrd

Peabody Conservatory of Music, archival material of jazz bassist and guitar player Gene Herbert “Joe” Byrd

U. of Maryland Clarice Smith Performing Arts Center, Dr. Alvan Morris collection of classical and jazz CDs

U. of Maryland Clarice Smith Performing Arts Center, collection of 19th– and 20th-century sheet music with emphasis on sacred music

Whittier Historical Museum, Whittier, AK, elements shot and collected for the use in the documentary film “Red White Black and Blue”

Columbia University, archival papers of Bob Fass, legendary counter culture radio show host at WBAI New York

Temple U., archival papers and tapes of Lew Klein, broadcasting executive and executive producer at WFIL

U. of Maryland Broadcasting Archive, 924 tapes of Washington DC broadcast journalist Steven Affens

Syracuse U., collection of 52 Vogue Picture 78 rpm Records from 1946

Columbia College Center for Black Music Research, The Evelyn Davidson White Collection of choral music by African American Composers

Johns Hopkins U. Peabody Institute, books, music scores and audio tapes from the Estate ofWilliam Grossman, a practice pianist, conductor and copyist who worked with many professional musicians, conductors and composers, including Leon Fleisher

U. of Maryland Michelle Smith Performing Art Library, collection of 20th century dance programs and souvenir books

Library of Congress, papers of Lawrence Warren, author of books on dancers Anna Sakalow and Lester Horton

WNYC, a collection of audio CDs with radio broadcasts of “Antiquity on Tape”

Artifacts fromMike Todd’s ill-fated jet “Lucky Liz” named after his wife Elizabeth Taylor

Peabody Conservatory of Music, original tapes and related material by guitar legend Charlie Byrd

U. of Maryland Clarice Smith Performing Arts Center, the Milt Stevens classical CD collection

U. of Maryland Library of American Broadcasting, archives of noted broadcast journalists William and Shirley Robson

New York Public Radio, collection of reel-to-reel tapes pertaining to WQXR and vinyl, glass and aluminum records

Wakefield Country Day School, comprehensive juvenile film collection

Library of Congress, collection of books pertaining to film

Florida State U., books, CDS, scripts and movie memorabilia

Grace Lutheran Church, large collection of 19th- and 20th-century sacred and classical organ sheet music

U. of Maryland Library, Morris Freedman collection of 20th-century playbills

Florida State U., Harrison S. Sayre Collection of Circus Material

U. of Maryland Clarice Smith Center for the Performing Arts, archival material of broadcaster, writer, teacher and radio personality Robert Sherman

Berklee College of Music, archival papers and related material of Laurdin Kenneth “Pat” Patrick Jr., jazz musician, composer, arranger and educator

University of North Carolina Chapel Hill archival papers and related items pertaining to the lives and careers of Olive Dame Campbell, noted folklorist and her husband John C. Campbell

Massachusetts Historical Society, archival papers of the Coolidge and Dame family 1800-2004 and related artifacts

Estate of Richard Wilson, celebrity and political memorabilia from the company Norma’s Jeans

Smithsonian Institution Museum of American History, original Cat Woman costume worn by Julie Newmar on the Batman television show

American U., collection of classical music CDs and related books

U. of MD Library of American Broadcasting, archives of Sandra Michael, creator of the radio drama “Against the Storm”

U. of California, Berkeley, large collection of feature films from 1930-1963

Scrapbook relating to the Don Cossack Choir

U. of MD Michelle Smith Performing Arts Library, collection of audio- and videotaped interviews pertaining to the theater

University of the District of Columbia, large collection of vintage jazz recordings

Library of Congress, letters of American film producer and screenwriter Val Lewton, Sr.

U. of MD Michelle Smith Performing Arts Library, archives and related material of Clara Rockmore, the world’s greatest virtuosa of the theremin

U. of MD Library of American Broadcasting, original 16mm television footage and scripts

U. of MD Michelle Smith Performing Arts Library, photo archive of Washington, D.C. area theater and performing arts by freelance photographer Stanford Barouh

University of Maryland’s International Piano Archives, Henry Z. Steinway Collection of letters written to the Steinway Piano Company, 1863-1972, and related photos

Library of Congress, archives and original scores of Louis Gesensway, American composer and violinist

U. of Maryland Michelle Smith Performing Arts Center, the Carl A. Rosenthal Collection of 20th-century Sheet Music

Library of Congress American Folklife Center, material from the estate of noted folklore archivist and author Isabel Gordon Carter

University of the District of Columbia, the Lawrence Marshall Family Collection of Jazz Records

Florida State University, George Judy Collection of books, magazines and scores relating to the theater

U. of Maryland Hornbake Library, John Fuegi, Brecht & Company Archival Papers

Smithsonian Institution National Museum of American History, Tito Puente’s Archival Artifacts, including instruments and memorabilia

University of Maryland Michelle Smith Performing Arts Library, James Taylor’s Washington Area Performing Arts Video Archive

University of Maryland, Music Library Association Archives

Hugo Knepler, archives including manuscript score by Johann Strauss

Library of Congress, Katherine and Lawrence Karr collection of movie memorabilia

Michelle Smith Performing Arts Library, material relating to Viennese cabaret and theater before 1938

Leonard Bernstein, manuscript copy of original string quartet composition, his earliest known work

Robert Hall Lewis, music archives of pianist and composer

Leopold Godowsky, original manuscripts and sheet music

Patrick T. Ryan collection of theater and literary criticism

Howard Serwer, archives pertaining to music

Adler Enterprises, Smithsonian Jazz Series

Charlie Byrd, noted guitarist and composer, music archives and manuscripts

William S. Paley, President of CBS, library and archives

International Piano Archive, University of Maryland, William Kappell, American pianist

U. of Michigan, archival papers and related material of Rane Arroyo an American poet, playwright and scholar

University of Maryland Michelle Smith Performing Arts Library, the Horace Mann collection of theater musical LPs and Playbill theater programs

Library of Congress, archival papers of early 20th century dancer Ida Rubenstein, including original manuscript music scores

Assignment of intellectual property rights, copyright and licensing rights when applicable is included in the total fair market value of the collection. The purchaser of the collection is responsible for obtaining all releases and other agreements necessary other than those provided by John Snyder

This appraiser has assigned a total fair market value of $750,000 for the archival collection and related material.

Below is an HTML version of the original report as formatted. This is the same as the document posted above.