I think you will find the value of a model up for sale is very different from insurance value, When you come to sell a model you look at previousely sold similar items and base your value against them + or - the quality of workmanship and finish. With insurance you should look at replaceable value, ie, the cost of repacement like for like, whether or not you go out and commision someone to construct an identicle model or build youself one from scratch. 2yrs ago I made a snap decision to sell my Thomas 2, I looked around and spoke to variouse who had been involved with large 7 1/4 models and the general value was put at 24K, so I advertised at 24500 and had no shortage of people wanting to part with their money, I ended up not parting with the loco as circumstances changed. This engine is now down at the Museum of power in Langford Essex on loan and they have to maintain and insure it, So to insurance values, I spoke to a commercial builder who has built several of these locos and has seen my model and asked for a writen quotation for the construction of a replacement, this value was then used to insure the model, which means in the event of my pride and joy dissapearing it should be replaced with no arguments. Tim 2 >From: "alanjstepney" <alan@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx> >Reply-To: modeleng@xxxxxxxxxxxxx >To: <modeleng@xxxxxxxxxxxxx> >Subject: [modeleng] Re: Value of models >Date: Tue, 1 Mar 2005 19:03:51 -0000 > >Perhaps. >I was taking the asking prices from a couple of dealers. >What the models actually sell for could be a different matter. > >My "rule of thumb" is that anything I want to buy is twice what I want to >pay, whereas anything I am selling fetches half what I would like. > >alan@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx > >www.alanstepney.info >Model Engineering, Steam Engine, and Railway technical pages. > >----- Original Message ----- >From: "Peter Sheppard" <peter.sheppard@xxxxxxxxxx> >To: <modeleng@xxxxxxxxxxxxx> >Sent: Tuesday, March 01, 2005 1:25 PM >Subject: [modeleng] Re: Value of models > > >Alan, > >I reckon that you might be a bit optimistic with your prices. > > > >-- >No virus found in this outgoing message. >Checked by AVG Anti-Virus. >Version: 7.0.300 / Virus Database: 266.5.1 - Release Date: 27/02/2005 > >MODEL ENGINEERING DISCUSSION LIST. > >To UNSUBSCRIBE from this list, send a blank email to, >modeleng-request@xxxxxxxxxxxxx with the word "unsubscribe" in the subject >line. _________________________________________________________________ Want to block unwanted pop-ups? Download the free MSN Toolbar now! http://toolbar.msn.co.uk/ MODEL ENGINEERING DISCUSSION LIST. To UNSUBSCRIBE from this list, send a blank email to, modeleng-request@xxxxxxxxxxxxx with the word "unsubscribe" in the subject line.