Thank you for contacting Mearto with your appraisal inquiry. Based on the photographs and description provided, the subject of this appraisal is a section of the original basketball court from Michigan State University's Breslin Center, used by the Spartans until the court was replaced in 2000. The modular floor has been installed within a building on a private residential property.

Based on the photographs the floor's dimensions are estimated at 20' x 20' with the section including the basketball court's key and the Spartan helmet graphic. The floor was purchased from a now-defunct memorabilia dealer in Lansing, Michigan. The floor appears to be in excellent condition from photographs examining only its surface.

Sections of basketball court at such a scale as this rarely sell at auction. The closest comparables found both sold at Heritage Auctions within the past decade and form a large part of the basis for this appraisal. Specifically a section of 2011 Dallas Mavericks Court Section with the Mavericks typeface logo from their NBA Championship Season sold in 2013 for $9,560. The section in question was 21' x 4'. Another section (this featuring the Mavericks symbol logo alone) in a different configuration of approximately 8' x 6' sold for $8,962.50.

As a piece of sports memorabilia, determining its value based on the comparables in this appraisal will rely on a mathematical formula and giving the piece a price per square foot based on the comparable sales. Using the approximately 50 to 100 square foot sections of Mavericks flooring that sold for approximately $10,000 each (or rounding the figure to $100 to $200 per square foot), this estimate will reduce the value from those comparables as the section of flooring in question - while from a championship-winning team as of the season that the flooring was "retired" - is at the collegiate level as opposed to the professional level. This appraisal will estimate the value of the flooring in a range of $50 to $100 per square foot.

In consideration of the factors noted, a Fair Market Value (pre-auction estimate) of this piece would be estimated at $20,000 to $40,000.