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<p>[QUOTE=&quot;Blaubart, post: 1500741, member: 37498&quot;]I&#039;ve heard this before and I disagree.</p><p><br /></p><p>Let&#039;s say I lose something that has sentimental value to me.&nbsp; If that&#039;s the case, then I&#039;d likely be willing to offer a monetary reward for its return.&nbsp; Thus, it has monetary value.</p><p><br /></p><p>Here&#039;s another way of looking at it.&nbsp; There are coins out there that fetch top dollar because they come from a time or are commemorative of an event that people hold dear.&nbsp; Because there are a lot of people that share that sentiment, they are willing to pay more for those coins when they come up for sale.&nbsp; Based on this, appraisers assign a higher value to those coins.&nbsp; Thus, sentiment has monetary value.</p><p><br /></p><p>In the end, if you expressly insure an item for $X and you suffer a covered loss, the insurance company should pay $X to make you whole again.&nbsp; What you shouldn&#039;t be able to do is claim sentimental value without having expressly informed the insurer of that value beforehand.&nbsp; A good example would be sending a circulated 2008 penny via UPS and claiming the full $100 of default insurance that all UPS packages get should that penny fail to reach its destination.[/QUOTE]</p><p><br /></p>

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