International News

Viewing comments for:

Insuring Olympic Gold Medals: How Much Are They Worth

International News • August 25, 2008
The Olympic Games have concluded their run in Beijing. The 302 Gold Medal winners are returning to their respective countries to reflect on their experiences and their achievements. China is ...

Insurance Journal is not responsible for the content of the message below.

Subject: RE: RE: RE: RE: RE: RE: RE: So whats it worth>?

Posted On: September 2, 2008, 7:48 am CDT
Posted By: InsIsMyPassion
Comment:
E-Bay has absolutely nothing to do with valuing property for insurance purposes. Don't confuse market value with insurance value (whether it be RCV or ACV).

Market value is what a willing buyer and a willing seller negotiates and has nothing to do with insurance value. If I can replace the medal for $1,500 but I can sell it on Ebay for $10,000, what should (or can) I insure it for: $1,500.
Subject Posted By Posted On
RE: So whats it worth>? Leo Oaks
May 10, 2009, 12:49 am
RE: RE: RE: RE: RE: RE: RE: So whats it worth>? InsIsMyPassion
Sep 2, 2008, 7:48 am
RE: RE: RE: RE: RE: RE: So whats it worth>? Shrinivas Shikhare
Sep 2, 2008, 5:44 am
RE: RE: RE: RE: RE: So whats it worth>? Google Knows Everything
Aug 25, 2008, 2:16 pm
RE: RE: RE: RE: So whats it worth>? Mike
Aug 25, 2008, 2:11 pm
RE: RE: RE: So whats it worth>? Jeff
Aug 25, 2008, 2:04 pm
RE: RE: So whats it worth>? Sandra
Aug 25, 2008, 1:54 pm
RE: So whats it worth>? not worth it
Aug 25, 2008, 1:15 pm
So whats it worth>? Mike
Aug 25, 2008, 11:10 am
Back to article

Post a Comment

.