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The post below was published on Thursday, January 27th, 2011 at 8:53 AM.

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Fourth District: Valuing Theft, Televisions

In this prosecution for grand theft, the state’s valuation evidence consisted of testimony that the victim’s mother purchased the stolen television for $1400 six months before the theft. Did the state prove the stolen television’s value?

No, said the Fourth District. The court explained that electrical components like televisions, computers, and stereo systems are subject to accelerated obsolescence because manufacturers are constantly releasing new improved technology at lower prices, and so purchase price alone is generally insufficient to establish value in a theft case.

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