[78-L] Collectors Insurance

[Ray]

Serious questions, do you estimate your collection at what you may have paid 
for it, or what you think it's worth now, or what you realistically would be 
able to get for it?  And if the latter, how do you determine what that 
estimate would be?
RayK
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From: Cary Ginell
Just ran an online estimate with Collectibles Insurance Services, Inc., the 
company that doesn't require an itemized list of your collectibles. You 
apply for a certain amount and describe the collection in the policy. For 
$100,000 in coverage, the cost is about $600 per year. For $150,000, it's 
$693, and for $250,000, it's $876. Of course there are other parameters, but 
this gives you a rough estimate of the cost.