- 30 -
As an example, Everett did not assign any premium units to
items in the collection from “Annie Hall”, a Woody Allen film
released in 1977. Everett valued the one-sheet at $20, the
“average value” for all one-sheets, and the insert at $15, the
“average value” for that category. Everett valued the lobby
cards at $5 each, the “average value” for all 11- by 14-inch
lobby cards, regardless of whether they contained “live” or
“dead” scenes. He assigned five premium units to Fellini's
“Satyricon”, resulting in values for the two one-sheets in the
inventory of $100 each, $40 apiece for the lobby cards, and $75
for the insert.
Everett's “average values” were considerably higher than the
minimum prices charged for those categories of items in retail
stores. For instance, Everett considered $15 to have been the
minimum price charged in 1985 for any one-sheet at a retail store
in New York. Other sources put the minimum price between $5 and
$10. The “average value” Everett assigned to one-sheets was $20.
He based his relatively high “average values” on the desirability
of the collection as a whole, especially its uniformly mint
condition.9
8(...continued)
(hereinafter Dietz). Warren's Movie Poster Guide (1986) was not
used because it was already reflected in the prices he had
assigned to some of the items.
9 On cross-examination, Everett could not give a technical
answer to the meaning of the term “average”. Everett may have
(continued...)
Page: Previous 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 NextLast modified: May 25, 2011