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Valuing Your Collection for Insurance Purposes
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<p>[QUOTE="messydesk, post: 2422322, member: 1765"]If you are an ANA member, you can get very reasonably priced insurance for your collection through Hugh Wood. If you're not an ANA member, being able to get the insurance might be more than worth the annual cost. If you have a lot of certified coins, using the grading services' registries and valuations might be a good idea. You have an online list of what you have, as appraised (which includes grade and valuation) by an independent party. You don't have to play the registry set building game to benefit from using the registry.</p><p><br /></p><p>Trying to deal with traditional homeowner's policies and agents that sell them is not the way to go here.</p><p><br /></p><p>A safe deposit box will do you no good if your collection disappeared other than providing an empty spot to put your new one. It also doesn't affect valuations.[/QUOTE]</p><p><br /></p>
[QUOTE="messydesk, post: 2422322, member: 1765"]If you are an ANA member, you can get very reasonably priced insurance for your collection through Hugh Wood. If you're not an ANA member, being able to get the insurance might be more than worth the annual cost. If you have a lot of certified coins, using the grading services' registries and valuations might be a good idea. You have an online list of what you have, as appraised (which includes grade and valuation) by an independent party. You don't have to play the registry set building game to benefit from using the registry. Trying to deal with traditional homeowner's policies and agents that sell them is not the way to go here. A safe deposit box will do you no good if your collection disappeared other than providing an empty spot to put your new one. It also doesn't affect valuations.[/QUOTE]
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