Herr General Posted March 6, 2008 Share Posted March 6, 2008 I have a medal group with a German medal in it. I would like to insure my medals. What would be a fair assessment for this group?Netherlands - remembrance medal 1926 - awarded 775 times - with documentWaldeck-Pyrmont - silver medal of merit - with document - with documentLuxembourg - silver medal in the civil and military merit order Belgium - bronze medal for foreign servants - - with documentIncluded in the group is a photo of the recipient, a lackey at the dutch court. Link to comment Share on other sites More sharing options...
Herr General Posted March 7, 2008 Author Share Posted March 7, 2008 no one with an idea? Link to comment Share on other sites More sharing options...
Paul C Posted March 8, 2008 Share Posted March 8, 2008 check the current OEK and add 25% Link to comment Share on other sites More sharing options...
Ulsterman Posted March 8, 2008 Share Posted March 8, 2008 1300 Euros Link to comment Share on other sites More sharing options...
Ed_Haynes Posted March 8, 2008 Share Posted March 8, 2008 I don't know how things are in the Netherlands, but to do this in the US is extremely difficult, as most general insurers would ask for a formal evalvaution of value by a known source and would not accept the wise advice of friends on an internet forum (however accurate). While there are a few specialist "collection insurance" providers, I have never known anyone who collected from them (not such a bad thing?).In any case, how would insurance replace an essentially unique item? Maybe that would work if one sees collecting as merely an investment strategy . . . but maybe not even then? Link to comment Share on other sites More sharing options...
Herr General Posted March 8, 2008 Author Share Posted March 8, 2008 Good question! Ofcourse it is impossible to replace such an item. I'm still looking at different options to insure my collection.. Link to comment Share on other sites More sharing options...
Herr General Posted March 8, 2008 Author Share Posted March 8, 2008 Does anyone now how many silver medal of merits from Waldeck-Pyrmont where awarded? Link to comment Share on other sites More sharing options...
Ed_Haynes Posted March 8, 2008 Share Posted March 8, 2008 The whole question of insurance is an extremely important question and one to which I don't think anyone has a good answer. Some -- especially here in the US -- see a big dog or a big gun or a big safe or a big ___ as a solution. Personally, I think that avoids the question and tries to turn a serious concern into something cute.The difficulty, of course, is value. Most of what we collect has intrinsic value (the silver, gold, whatever) that is only a small percentage of market value. Most insurers can see the intrinsic value but cannot comprehend the phaleristic/historical value. The market value, of course, is only what some damn fool will pay for the item at a real (non-e$cam) auction, and we all know how bizarre such venues have become recently. Link to comment Share on other sites More sharing options...
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