Opinion ID: 346934
Heading Depth: 4
Heading Rank: 2

Heading: Value of Goods

Text: 52 Nor do we find merit in appellants' second contention that the Government failed to prove a value of $5,000 or more. In the first place, studio representatives testified that the cost of production and revenues received from each of the movies and television series charged in the indictment exceeded one million dollars. 53 Additionally, there was substantial evidence of the films' value on a thieves' market. Peter Theologo testified that on June 20, 1974, he purchased one hundred episodes of the television series Big Valley from Budget Films, Drebin, and Fine for $5,500. 19 In early June, 1974, he purchased seventeen episodes of Judd For The Defense, one episode of Mission Impossible, one episode of O'Hare and approximately one hundred episodes of Big Valley, for which he paid a total of $9,200. Of the four series involved, Big Valley and O'Hare were charged in the indictment. The jury could reasonably have inferred from this testimony that the one hundred episodes of Big Valley and one episode of O'Hare were worth in excess of $5,000. Finally, John Holmes testified that on September 11, 1974, he purchased eighty-one films from Budget Films, Drebin, and Fine for which he paid over $14,000. Of the eighty-one films, forty-six were named in the indictment, again allowing the jury to infer that the value exceeded $5,000. The evidence provided ample proof of value in excess of the jurisdictional amount.