Weekend Poll: Do you have coin insurance?

RYK

I am in the process of self-appraising my coin collection for the purpose of getting coin insurance. I would like to know if others insure their collections.

coinlieutenant

Robert,

What about just plain "no"...

I am looking into the same thing.... I am starting to get a bit spooked by all the thefts etc...

John

Louis

Anybody wanna guess what my answer was ?

ksteelheader

kieferscoins

Who would steal a sample slab?

Cameron Kiefer

clackamas

My Rem 870 3 1/2" Mag loaded with 00 Buck That and you would need a forklift to steal the collection.

Louis

<< <i>Who would steal a sample slab?

Cameron Kiefer >>




I agree, they force those on me at every show I go to.

kieferscoins

Pick them up and sell them to me!!!!

Cameron Kiefer

foodude

So what is the best way to insure a collection that normally sits in a bank vault?

What if a portion of it is taken to a show for display from time to time?

Striker

I've got my .40 pistol, .357 mag revolver and my shotgun with 00buck as primary insurance. If those (or any of my other guns) should fail my homeowners insurance kicks in. I just tell them how much my collection is worth and they adjust my rates accordingly.

RYK

So what is the best way to insure a collection that normally sits in a bank vault?

That is precisely my issue.

ksteelheader

Who would steal a sample slab?.......My question is, "Who would pay for them when you can get them free?"....Ken

BAJJERFAN

I don't have anything above what would be covered under my homeowner's policy, no riders, no ANA. My collection is dynamic and frequently changes. I do have a SDB for the best stuff tho.

TWQG

Seems unnecessary with a safe deposit box. I self insure the little stuff I have at home.

nwcs

I was going to, but now that I've sold off almost all my bigger dollar coins it isn't worth worrying about.

khayse

Insurance is always a bad idea unless the consequences of not having it are too much to bear.
Most people have homeowners because if they lost their house they couldn't survive.

If the insurance company is making money then they are charging you more than the service is worth.

If I lost my collection I would be upset but there would still be food on the table.

-KHayse

Baley

Seems unnecessary with a safe deposit box. I self insure the little stuff I have at home.

ditto

morganbarber

My agent says that our homeowners covers up to $2500 with little or no questions asked. My collection is pretty pedestrian so I think I'm ok.

Shamika

I should but I don't.

ARCO

I have a chiuhuahua that is feisty. Sure he looks harmless, but for some reason he goes straight for the groin and never misses. That is all the insurance I need!

Tyler