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Subject: 
Re: valuing lego for insurance purposes
Newsgroups: 
lugnet.loc.au
Date: 
Thu, 20 Jan 2005 06:52:33 GMT
Viewed: 
1607 times
  
"Jonathan Wilson" <jonwil@tpgi.com.au> wrote in message
news:IAL6w5.xFL@lugnet.com...
Easy: Ring your current insurance company and ask what they will accept.

(A good point to start at will be a list of purchases and how much you • paid.
Receipts would be good too. Keep in mind that Lego might not be a • particularly
risky collectible...).
The insurance company wants a list.

I have no clue what all this stuff is worth.
Or how much I paid for the various items in my collection.
Any ideas on how to come up with a value that the insurance will accept?

Well, sets are the easy part - you could take the average listing value off
of Bricklink. Doesn't matter what you really paid for as it's unlikely
you'll have receipts. At least Bricklink will give you an average
replacement price per set. .

Parts are a little bit more tricky. Do they want you to list each individual
piece that isn't part of a set? Probably not too hard if you have things
sorted out. You could get the average price for these off of Bricklink too I
suppose.

Did they require written proof of value - as in, do you have to do lots of
print-outs from Bricklink?

Hope that helps

cheers

SAB



Message has 1 Reply:
  Re: valuing lego for insurance purposes
 
(...) Hmmm, I was hoping for a way to do this that didnt involve going through and building every set in my collection and then valuing each set plus all the parts that are left. Assume they dont want lists of individual parts, is there another (...) (20 years ago, 20-Jan-05, to lugnet.loc.au)

Message is in Reply To:
  Re: valuing lego for insurance purposes
 
(...) The insurance company wants a list. I have no clue what all this stuff is worth. Or how much I paid for the various items in my collection. Any ideas on how to come up with a value that the insurance will accept? (20 years ago, 19-Jan-05, to lugnet.loc.au)

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