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Posted 01/15/2013 4:51 pm
Quote:
Essentially it could well depend on how valuable your portfolio turns out to be but it is possible that you may not need to have it valued by a dealer to have it insured (despite what your existing policy may say). It would be worth asking the question.
Essentially it could well depend on how valuable your portfolio turns out to be but it is possible that you may not need to have it valued by a dealer to have it insured (despite what your existing policy may say). It would be worth asking the question.
Exactly,if there is a large number of coins involved a pro. valuation from a dealer is big $,hundreds of $,even if you only get the $100+ coins valued and it takes the dealer over an hour your probaly (in my out of date opinion)up for $80-$100.
My Mother had her coin collection insured in the 1970/80's and all the Insurance Co. wanted was the approx. value(around $2000 at the time),no valuations or sightings but I guess if it was $20,000+ they would have different procedures in place,also it depends on whether your've had a previous claim or not I was told once.
