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How do you determine the worth of a service provider that tells you to use your own discretion to pay him or her?

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I recently contacted a friend to come help me play with my band. The guy is a close friend but is well known within the city. He didn't negotiate a fee with me for his services. He told me to my discretion to pay him. I don't want to dishonour him by paying him an amount that is less than his worth.

How would I determine the worth of a pro that tells me to use my discretion to pay him?
 
In cases like this, i simply put myself in their shoes and think of what i would want to be paid if i where the one who carried out that service.
 
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