Net54baseball.com Forums - Trying to Guess Print Run of 1995 Upper Deck Special Edition Gold

I'm trying to figure out production runs for 1995 Upper Deck. Reading the older Production Run thread, it's obvious that companies were cutting back production by 1995. I'm trying to figure out 1995 Upper Deck Special Edition Gold print runs. Here's what I've come up with for math. The big unknown is what percentage of cards were Hobby vs Retail. I'm using 1mil cards per each player, and I'm splitting that at 50% Hobby and 50% retail. Maybe a dealer can help me better set these parameters.

I personally think this print run is TOO high because of the limited number of SE Gold available on ebay.

Special Edition Gold was inserted one per Hobby box = 1 per 432 cards.
Series 1 was 225 cards, so... 225 x 1mil = 225,000,000 cards
So....225,000,000 / 432 = 520,833 cards
Hobby is 50% of the print run, so.... 520,833 x .5 = 260,416 total cards of SE Gold
Series 1 SE Gold was 135 total cards; so.... 260,416 / 135 = 1929 cards per player in SE Gold.

This also means there were 260k hobby boxes. Does that seem high?

But like I said, if 1929 cards existed for each player, I would expect to find more SE Gold on Ebay. So, based off of this calculation, what do you think the actual print run of 1995 Upper Deck actually was? Was their print run further reduced due to expanding their portfolio with Collector's Choice and SP?