Insurance on coins and bullion

I think in many cases, a good current appraisal would be better than receipts. Say I bought a 1909-S VDB twenty years ago for $350. I would be wild if I got that in a settlement today! I sure hope they consider replacement value, and not what you originally paid, or I will chance it without insurance!

 

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Thank you for your thoughtful reply. I have have never filed a claim, but I did have everything stolen. As you can imagine, I did not have insurance. My US Saving Bond was stolen also, and only recently, once my 30 year bond matured was I able to get it replaced.

Back to the theft: I even learned who stoled from me, but my local police at the time were of no assistance. The officier actually made me hand my property (a tape recorder which was stolen at the time of my coins and currency collection) back to the thief. I did not have receipt for the tape recorder. The coins were a mute topic by then, because I did not have evidence that the bad neighbor even had them (he entered through a roof access window to the apt.).

Your point is well taken. I will ask about the points you raised in writing before I sign up. Right now, I am still awaiting their paperwork.

Well, I guess I should not have even written back on this post. I still get rather sad from the whole thing.

Regards.

 

No inheritance at this time or anticipated. Coin collector Father remarried a young and angry woman. No problem for me. Father likes her just fine.

I did receive several gold pieces as a gift. One piece was passed down to the former husband by his mother. The ex is alive and well, and still wants me to have his gold pieces. I offered them back after gold hit $1200/oz, but he said keep em. Nice ex!

Your reminder to write down Slab # is important. I have not been doing this.