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General And Slightly Off Topic Talk Forum for exchanging ideas and talking about general issues without straying too far off topic.

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Old 03-24-2004, 05:16 PM   #141
new world
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Quote:
Originally Posted by HuliganRS
To me that's not a solution. What's the point of displaying a copy when you have the real deal!?!
...
The point is that if your real Khmelnitsky gets stolen - you are in the hole for $3000-4000 and that money are gone for good, as most of us have no insurance that covers awards.

On the other hand, if something happens to a copy - it could be easily replaced for $100-150.

Trust me, none of the people would know the difference just by looking at the flag or a display.

William

Quote:
Originally Posted by HuliganRS
...

I can see using a copy as a space filler or for uniform display...

...

Rusty.
This sounds crazy, but I've heard of a collector who was buying genuine awards for his marshal/admiral uniforms. I am not talking about cheap items such as Red Banners - he bought Ushakov 2nd class from ******** to put on a uniform...

Can you imagine how much his uniforms are worth today?!?!

Last edited by CtahhR; 06-09-2014 at 12:43 PM.
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Old 03-24-2004, 08:34 PM   #142
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Quote:
Originally Posted by new world
On the other hand, if something happens to a copy - it could be easily replaced for $100-150.
Or you could pay the same price as the copy and fully insure your awards against loss...

--Dave
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Old 03-24-2004, 11:39 PM   #143
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Quote:
Originally Posted by Dave
Or you could pay the same price as the copy and fully insure your awards against loss...

--Dave
Dave, could you please post the full information and detailed instructions on the necessary steps (like documenting all the awards + other items) to insure the collections?

Thanks in advance.

Eric
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Old 03-25-2004, 06:06 AM   #144
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Quote:
Originally Posted by Dave
Or you could pay the same price as the copy and fully insure your awards against loss...

--Dave
Dave,

Also, how reliable the insurance underwriter is when it comes to claims?

Do you know anyone who actually received money from your insurer in case of actual awards theft/loss?
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Old 03-25-2004, 07:20 AM   #145
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Originally Posted by new world
Dave,

Also, how reliable the insurance underwriter is when it comes to claims?

Do you know anyone who actually received money from your insurer in case of actual awards theft/loss?
I haven't known of anyone that has had to make a claim due to a loss to their collection, but I can tell you that both of the companies are very well respected and are known for being good on their word.

--Dave
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Old 03-25-2004, 08:41 AM   #146
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Dave, which companies?

C'mon, give us the details...

Thank you,

Eric
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Old 03-25-2004, 10:28 AM   #147
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Quote:
Originally Posted by Dave
I haven't known of anyone that has had to make a claim due to a loss to their collection, but I can tell you that both of the companies are very well respected and are known for being good on their word.

--Dave
Does anyone know if dealer Dmitry ****** had a policy with one of these insurers at the time he was robbed 2 yrs ago?
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Old 03-25-2004, 10:53 AM   #148
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Here's the thread about the insurance companies.

Rusty.
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Old 03-25-2004, 10:49 PM   #149
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Quote:
Originally Posted by new world
Does anyone know if dealer Dmitry ****** had a policy with one of these insurers at the time he was robbed 2 yrs ago?
Of course! Do you think he just pulled the "$100,000 reward" money out of the clear blue sky?

--Dave

Quote:
Originally Posted by yolkin
Dave, which companies?

C'mon, give us the details...

Thank you,

Eric

Eric-

The names are: Collectables Insurance Agency (mentioned in the other thread that Rusty linked) and H.W. Wood Ltd in the UK. Neither company requires an appraisal of the collection.

--Dave

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Old 03-26-2004, 06:05 AM   #150
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Insurance

I checked with my company here in Canada, and my collection is covered under my home insurance, I just had to increase my coverage a little. They just wanted me to document my collection and take photos of all the medals.

It added another $10 ($7 usd) a month to my home insurance. Apparently only jewlery and coin and stamp colections require a special rider for theft coverage. I guess my Insurance company has not figured out yet the value of some of these medals.
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