If you are arrested for Grand Theft in Jacksonville, the prosecutor must not only prove you stole something, but the item must be valued at $300.00 or over. In order to convict you of Grand Theft, a third degree felony, the prosecutor has to prove the value.
“Value” is considered fair market value at the time of the theft. It can be established by cost minus depreciation. Some factors to consider are:
1. The original cost of the item
2. The way the item has been used.
3. The condition of the item when stolen
4. The depreciation of the item
A competent Criminal Lawyer in Jacksonville would review the issue of value in every theft case.