$ value of inventory at the National

[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.
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[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