$1.4 million in Batman comics stolen out of storage
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5 hours ago, Moondog said:

This has probably been stated already, but I don't believe collector insurance will cover a storage unit.  They want a home with a safe and security system.  They will insure without the safe and security system but will often limit coverage and charge higher premiums.

 

From the Collectible Insurance Services website; two of the what they cover bulletpoints:

- Exhibitions: IF you're at a scheduled exhibition, show or display, coverage is provided for your collection up to the policy limit - including travel and shipping to and from the event.

- Storage Facilities - For an additional surcharge, we offer optional insurance coverage for collectibles kept in a public storage facility (up to $100,000)  Hello!!  

Now, this was the first Collectibles insurance company that I clicked on searching Google for "collectibles insurance". This above information pertains to comics. If the first one I accessed will cover comics kept in storage facilities for up to $100,000, I've got to believe that there are others that will insure for whatever you wish, if you're willing to pay their rate!

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6 minutes ago, James J Johnson said:

From the Collectible Insurance Services website; two of the what they cover bulletpoints:

- Exhibitions: IF you're at a scheduled exhibition, show or display, coverage is provided for your collection up to the policy limit - including travel and shipping to and from the event.

- Storage Facilities - For an additional surcharge, we offer optional insurance coverage for collectibles kept in a public storage facility (up to $100,000)  Hello!!  

Now, this was the first Collectibles insurance company that I clicked on searching Google for "collectibles insurance". This above information pertains to comics. If the first one I accessed will cover comics kept in storage facilities for up to $100,000, I've got to believe that there are others that will insure for whatever you wish, if you're willing to pay their rate!

where they getcha is 'proving the value of lost books'.  Um it sold for 12 cents so-

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6 hours ago, Moondog said:

This has probably been stated already, but I don't believe collector insurance will cover a storage unit.  They want a home with a safe and security system.  They will insure without the safe and security system but will often limit coverage and charge higher premiums.

 

Just clicked on another hit, searching the web for collectibles insurance, the Antiques & Collectibles Insurance Group out of Davidson, North Carolina.

They will cover up to $1,000,000, covering inventory at any location: in your mall booth, storage, in your home, at shows, etc., etc. , Fire, lightning, burglary, robbery, etc., etc.

 

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2 minutes ago, kav said:

where they getcha is 'proving the value of lost books'.  Um it sold for 12 cents so-

Nah. Be pretty easy to appraise and update periodically using GPAnalysis. It's state of the art, actual market sales data, not just someone's published or stated opinion. The fact that if you insure CGCed books, the GP charts are a very accurate gauge of value.  It presents prices that one would expect replacement cost to be a point of departure from.

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3 minutes ago, James J Johnson said:

Nah. Be pretty easy to appraise and update periodically using GPAnalysis. It's state of the art, actual market sales data, not just someone's published or stated opinion. The fact that if you insure CGCed books, the GP charts are a very accurate gauge of value.  It presents prices that one would expect replacement cost to be a point of departure from.

They'll GETCHA!!!

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8 minutes ago, kav said:

where they getcha is 'proving the value of lost books'.  Um it sold for 12 cents so-

Lloyd's of London! They'll have one of their affiliates write you a collectibles, coin, fine art, etc. policy to cover everything under the sun for the sky's the limit, if you don't mind paying the sky for the premiums! :jaws:

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1 minute ago, kav said:

They'll GETCHA!!!

That's their job. They don't make money by paying claims!   :devil:

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1 minute ago, James J Johnson said:

That's their job. They don't make money by paying claims!   :devil:

"Someone stole my huge collection of dollar box raw stan lee signed books!!"

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2 minutes ago, kav said:

"Someone stole my huge collection of dollar box raw stan lee signed books!!"

Don't lie, you've been selling them on E-Bay.

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2 minutes ago, kav said:

"Someone stole my huge collection of dollar box raw stan lee signed books!!"

When calculating the total amount of loss, don't forget to factor in $1.79 for the Sharpie!

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Just now, aszumilo said:

Don't lie, you've been selling them on E-Bay.

dang

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8 minutes ago, kav said:

dang

Can you imagine one of the forgers we always discuss procuring insurance for their inventory? "I've got 250 Stan Lee autographed books, I'm doing my first show, and I'd like to insure my inventory". Agent: "What do you value them at?"  Fiddling with a calculator, "Roughly $141.79. That's the basic replacement value, but retail value is about $25,000".  lol

Edited by James J Johnson

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