[modeleng] Value of models
- From: "alanjstepney" <alan@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx>
- To: <modeleng@xxxxxxxxxxxxx>
- Date: Tue, 1 Mar 2005 12:46:15 -0000
I was looking at the value of some of "our" models.
A 5" loco can easily be worth around £5,000 to £6,000, perhaps more.
A large 7 1/4" loco or 4" scale traction engine can be worth over £20,000.
That raises several points.
At those values, models are attractive to the light fingered brigade.
Fortunately, the size and weight limits it, and the
limited market reduces opportunities to sell stolen models, but even so,
some do get taken.
Security is important and I suspect many people dont take as much care over
this as they should.
In the event of theft, identification of the model can be important. What
are the best ways?
Also in the event of theft, I suspect that the usual household insurance
will not cover such values. Does anyone have specific insurance on their
models against theft and if so, how did they get over the valuation problem?
alan@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
www.alanstepney.info
Model Engineering, Steam Engine, and Railway technical pages.
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