$ value of inventory at the National

[MCoxon]

Random question: any idea of the $ value of inventory, across 600 dealers and AHs, at the National. Hundreds of millions?

The Heritage booth alone had a Ruth 1932 game used jersey estimated at $30M, a PSA 9 '52 Mantle, a PSA 9 Cobb T206. The PSA booth had multiple (6-8) displayed copies of an '86 Fleer Jordan PSA 10 / Auto 10.

Plenty of high-dollar vintage dealer booths as well

Just curious if anyone has ever done an estimate of total, all-in inventory

[D. Bergin]

2nd question.

Does anybody know if there’s any vents, voids, secret rooms or aqueducts directly underneath the dealer set-up area that can be accessed without setting off alarms or security cameras?

Also, is Matt Damon or Ryan Gosling available as a wheelman?

Asking for a friend.

[Leon]

Thouands, millions and consequently billions!!

Probably several hundred million would be my guess...

Originally Posted by MCoxon

Random question: any idea of the $ value of inventory, across 600 dealers and AHs, at the National. Hundreds of millions?

The Heritage booth alone had a Ruth 1932 game used jersey estimated at $30M, a PSA 9 '52 Mantle, a PSA 9 Cobb T206. The PSA booth had multiple (6-8) displayed copies of an '86 Fleer Jordan PSA 10 / Auto 10.

Plenty of high-dollar vintage dealer booths as well

Just curious if anyone has ever done an estimate of total, all-in inventory

[Peter_Spaeth]

I think you could get a pretty good estimate by multiplying the number of tables by the average value of the inventory at each table.

[conor912]

Insert Dr. Evil meme.

[Leon]

Originally Posted by Peter_Spaeth

I think you could get a pretty good estimate by multiplying the number of tables by the average value of the inventory at each table.

Heritage might have had 75M to 100M on display themselves....That kind of skews it a little bit.
.

[raulus]

I guess there’s also the issue of valuation.

Do you use low book? High book? 3x book? 10x book?

Or for simplicity purposes, do you just use the asking price and figure that’s close enough?

[Kaneen]

Originally Posted by raulus

I guess there’s also the issue of valuation.

Do you use low book? High book? 3x book? 10x book?

Or for simplicity purposes, do you just use the asking price and figure that’s close enough?

None of the above...you just use your phone to "check the comps" of every item on the show floor. Shouldn't be too difficult, considering the high quality internet connection available at the National venue.

[parkplace33]

My initial guess is $200 million.

[vintagerookies51]

Tough to say because most of it was modern and I have no idea what all that is worth. Heritage alone was probably at least $100M. If I had to guess, I'd say around $500M total.

[MCoxon]

I agree with Heritage alone at ~$100M. Let's say that

In terms of inventory per dealer, I have no idea, I'm a collector not a dealer.

If average dealer inventory was worth:

$100,000: total show inventory = $160M (100k x 600 + $100M)
$250,000: total show inventory = $250M
$500,000: total show inventory = $400M

Add: PSA = ~6-8 PSA 10 / Auto 10 Jordans. I don't know the value of PSA 10 / Auto 10 Jordans