Gerald D. and Catherine Leibowitz - Page 29

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          market.  In preparation for assigning values to the collection,             
          Everett consulted dealers whom he knew or had dealings with who             
          had owned or operated retail stores in 1985.  He also consulted             
          various trade publications.                                                 
               Everett included all 7,378 items in the inventory in his               
          valuation, including the 546 duplicates.  To value each item                
          within the 15 categories of movie memorabilia in the collection,            
          Everett assigned an “average value” to the items in each                    
          category.  He assigned one or more premium units to more                    
          desirable titles, valued as a multiple of the “average value”               
          assigned to items in that category.  Thus, each three-sheet was             
          assigned an “average value” of $30.  If Everett assigned three              
          premium units to a title, the three-sheet would be valued at $90,           
          or three times the “average value”.8                                        

               8 Table 1 contains a summary of the values assigned to each            
          category of memorabilia by Everett.                                         
               Table 2 contains the reference sample, which compares values           
          obtained from price guides entered in the record as joint                   
          exhibits with the corresponding values assigned by Everett and              
          Warren for 106 one-sheets in the collection.  See infra notes 15-           
          17 and accompanying text.  The Court used price guides and                  
          catalogs from 1985 that had been received into evidence.  The               
          record shows that retail store, mail order catalog, and price               
          guide prices were roughly equivalent.                                       
               The price guides and catalogs used were Luton's Original               
          Theater Posters No. 6 (1985); Luton's Original Theater Posters              
          No. 8 (1986) (price scale prices of common items identical to               
          1985 edition) (hereinafter collectively Luton's); Cinemonde                 
          Thriller 1985; Cinemonde Action 1985; Poster City Catalog Three,            
          December 1984 (hereinafter Poster City); Dietz, Price Guide and             
          Introduction to Movie Posters and Movie Memorabilia (2d ed. 1985)           
                                                             (continued...)           




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