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How
does one place a value upon a unique item? With automobiles
and avocadoes, there is some basis by which to draw conclusions
as to how to set a selling price for each. In the case of
something that is so unexpectedly available in our world,
as has this redwood exhibit now become, what can guide us?
It is insufficient to say that uniqueness can be evaluated
alone on its own merits, no matter how important this characteristic
of the redwood piece may be among its many attributes. Yet
this is one of the features that must guide us in seeking
a sound price at auction.
The
redwood walk-in room exhibit may best be compared to nature's
(with man's help in this case) productions that are either
truly unique or in numbers so vanishingly small that they
command attention and possess a worth that might be reasonably
valued. The tyrannosaur Sue leaps immediately to mind as
an object much sought after and clearly of immense monetary
value. It should not be left unsaid that the redwood section
is much rarer than any tyrannosaur, but the comparison should
not be pushed too far; the auction value of the tree segment
cannot be so inflated as was that for Sue.
The
logic for setting the beginning auction bid for the redwood
exhibit then takes into account several features: the object
is believed to be utterly unique outside of the few vaguely
comparable exhibits restricted to the species original endemic
habitat of Northern California/Southern Oregon. Further,
not terribly unlike fossilized organisms, it possessed great
age at the time of its cutting. And, like its botanical
'cousin,' it is among the largest of living things (the
Giant Sequoia is, in fact so, being 11 times the size of
a Blue Whale, the largest animal that ever lived), certainly
the tallest of the Coast Redwoods are held to be the tallest,
or nearly so, of all tree species. The circumference, while
not in the league of the Giant Sequoia, is still well beyond
almost any other arboraceous species known. The constellation
of features then of this item: uniqueness, age, size-characteristics
that the museum world holds significant when estimating
the worth of significant fossil finds-must be utilized in
setting its opening bid value. This is an arresting production
of nature, molded by humans into a magnet for any museum
setting.
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