- 17 -
Mr. Hughes felt the Los Angeles Herald and Los Angeles
Herald-Express runs were above average in value based on the
facts that they contained news on World War II, gangster
activities, and notable sports stars. Specifically, Mr. Hughes
determined that annual runs from the 1930's were worth $135, and
annual runs from the 1940's and early 1950's were worth $125.
Significant events issues from these periods accounted for an
additional $202 of the total value that Mr. Hughes determined.
He did not determine an additional value for Sunday comics from
these newspapers.17 Overall, Mr. Hughes determined that the
issues from this 20-year period were worth $2,792.
Mr. Hughes felt that annual runs from the Los Angeles
Examiner for the years 1903 to 1906 were worth only $30 due to
the relative lack of historic events of interest to collectors
and lack of persons still alive who were born in those years, and
further reduced his valuation based on the fact that these runs
were only 68 percent complete. Mr. Hughes placed additional
16(...continued)
any value for birthday or anniversary purposes if comics were cut
out of it.
17Mr. Verb also did not determine a value for Sunday comics
from these newspapers. In the first stipulation of facts, the
parties specifically identified which newspaper runs contained
Sunday comics. The description of the Los Angeles Herald and Los
Angeles Herald-Express does not contain a reference to Sunday
comics. On the basis of the failure of both parties’ experts to
assign any value and the absence of any reference in the first
stipulation of facts, we assume that the collection did not
contain Sunday comics for this group of newspapers.
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