MAXILLA &MANDIBLE, LTD
451 COLUMBUS AVENUE, NEW YORK, NEW YORK 10024
Ph: (212) 724-6173 Fax: (212) 721-1073

April 2, 2001

Re: Whale skeleton

Dear Mr. Jamieson,

Thank you for allowing me to examine for appraisal, the humpback whale (Megaptera novaeangliae) skeleton housed at the Niagara Falls Museum.

I have provided below a brief resume of my experience and qualifications pertinent to this review.

For 12 years I was employed by the American Museum of Natural History in New York, in the Department of Vertebrate Paleontology. During my tenure at the Museum, I did field collecting, laboratory preparations and authored several paleontological research papers. Today I am the proprietor of one of the best-known natural history retail and wholesale establishments, Maxilla & Mandible, Ltd.. During my 18 years in business, I have provided general consulting services and estate appraisals for insurance companies and donations to non-profit organizations. I am a consultant and appraiser to Sotheby's, Phillips, and Butterfield's auction houses. I was the Paleontological Consultant in charge of Sotheby's auction for the Tyrannosaurus skeleton known as "Sue". My professional affiliations include sustaining Member of the Society of Vertebrate Paleontology and Honorary Member of the New York Paleontological Society. I am on the Board of Directors for "The Peoples' Museurn" in New York.

Here are my comments regarding your specimen:
The specimen qualifies as a bonefide antique of historical importance, and may be the oldest known large whale skeleton still on exhibit in North America. This colossal specimen is both scientifically important and historically noteworthy for reasons I will explain below. In addition, it also has the distinction of having been studied and published by the world famous American paleontologist, Dr. Edward Drinker Cope and of having been exhibit at the Niagara Falls Museum, one of North Americas' oldest museums.

The specimens' scientific importance lies in its status as the holotype specimen of the species Megaptera osphyia, which was established by Cope in 1885. Cope believed that this specimen represented a distinct species of humpback whale. Since Cope's time, biologists have determined that only one species of humpback whale exists today, and its proper taxonomic name is Meguptera novaeangliae. Thus, Cope's Megupteru "osphyia" under the rules in the International Code of Zoological Nomenclature, has been declared invalid and has fallen into synonymy under the senior name Megaptera novaeangliue. Briefly, "taxonomy" is the scientific study of identifying species under their proper proposed name. It is common in this complex study for changes to occur. Often old names are resurrected and new ones deemed invalid. It is critical for every species named that a specimen be designated as the bearer of its scientific name in order to aid future research. Therefore, Copes' holotype specimen, status notwithstanding, is a scientifically valued item which, should be preserved and housed in an institution which will allow researchers access to it. More detail information on Cope's humpback whale skeleton is published by the Smithsonian Institute in a treatise written by Dr. Frederick W. True, 1904, titled "The Whalebone Whales of the Western North Atlantic".

According to published records, Dr. F.D. Thurman of Atlanta, originally sold this magnificent specimen to P.T. Barnum in 1871, but due to a fire that destroyed his museum in New York he was unable to take delivery. It was then resold to Thomas Barnett of the Niagara Falls Museum in 1873. There, the skeleton was on exhibit for 100 years and impressed millions of visitors to the Falls including many famous people.

The key value in this specimen lies in the quality of its state of preservation, which cannot be easily duplicated today. Most museum skeleton mounts of this size and quality were done during the whaling period, when rendering facilities existed and fresh specimens were available. Thus, the value of this specimen can only be judged against its replacement in today's labor market and not by past sales of similar items, which in any case do not exist - at least not in the last 25 years since laws were enacted to protect endangered wildlife. The legal status of this specimen adds greatly to its value since it can be sold on the open international market because of its antique status. This salability factor is also considered in the judged potential market value below.

To appreciate the costs involved, one must briefly consider the challenge in undertaking such a Herculean task. Let's say for example, that a recently beached dead whale has been located. A humpback whale may reach 13 meters and weigh as much as 30,000 kilos. A carcass of this size would have to be quickly loaded by a crane onto a flat bed truck and transported to a dumpsite without passing a populated area. There it would be skinned, gutted, fleshed and dismembered into manageable sections by a crew of hardy workers, which may take several days depending on weather conditions. The "roughed out" sections would then be bought to a rendering facility for further flesh removal, either by boiling or maceration, a process which would take several months to a year. Such a facility would have be fully equipped with custom made iron tubs, a good exhaust system, and many other necessary tools and materials. The cleaned skeleton would then have to be bleached with hydrogen peroxide and finished with a protective wax coating. Assuming that the specimen were to be exhibited, a custom made iron frame would have to be designed to be mounted free-standing or three-dimensionally. Not only would the stand have to support the immense weight of the skeleton for safe display, but it would also have to be done in a manner that would not detract from the skeleton and is aesthetically pleasing. This last step would be somewhat of a challenge, especially if the skeleton were to be suspended from a ceiling. Finally, an experienced individual would have to be hired to oversee this project from beginning to end. Such a person would have to be a problem solver, and capable of withstanding sickening stenches.

Considering the historical and scientific value together with the replacement costs described above, (i.e. salary based on man hours, rental of facihty, materials needed, insurance and transportation, etc.), one can easily state an appraisal value of USD 500,000 to 550,000.. This aforementioned amount would be the likely market value, which however, does not fully represent the value of the skeleton. To this replacement costs must be added a potential "public exhibition draw value" which when spread over a ten year period could easily reach a seven digit figure, depending on the vistor traffic.

If I can be of further assistance, please feel free to contact me.

Sincerely,

Henry Galiano
President



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