What's the best way to value a collection?

[Square]

For insurance purposes, how do you guys go about it? Do you check the price of every import game on ncs/tronix etc, or is there a some kind of database somewhere (unlikey, I know).

Any help?

[Typhoon Thompson]

I usually go by what the ebay price currently is plus a few pounds. i.e the cost of replacing the item if it were ever stolen.

[MD]

I've done a few evaluations for people on stuff they have had stolen (or needed to insure) and need a replacement value. I did charge and one person got annoyed when I charged him ?50, thinking we would do it as a service, ignoring the fact it took 3 hours to research and write up...

However it's *recommended* that you do check your insurance policy and any collectables you have are either covered by your contents insurance or are seperately insured, some insurers adjusters may devalue your collection. :/

You could list everything you have, take serial numbers of all consoles, then just write in rough replacement values for items then insure it for that.

[Square]

However it's *recommended* that you do check your insurance policy and any collectables you have are either covered by your contents insurance or are seperately insured, some insurers adjusters may devalue your collection.

Cheers MD. I take it by collectables you mean stuff like Tekki & Samba Maraccas? Surely if you disclose any particularly expensive/collectable items to the insurers, they would have to pay out on a claim, no?

[Strider]

Be careful, becuase certain Insurance companies will not actually cover games collections. ALways ask and state quite clearly that they are imports etc and not exactly easy to replace.