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Helicon insurance value
Posted: Wed Dec 08, 2010 8:34 pm
by williamp
Anyone know how I'd go about getting a replacement value for a 1924 BBb Holton Mammoth Helicon? It's a great playing horn that I use for numerous outdoor gigs. I wouldn't count on finding another like it, but I'd like to add a rider for insurance purposes. Anyone in SE Michigan who could write an appraisal?
Private emails can be sent to
ragtimeband@comcast.net" target="_blank" target="_blank
Thanks.
Re: Helicon insurance value
Posted: Wed Dec 08, 2010 10:05 pm
by Walter Webb
MONSTER HELICON???? Can we see it?
Re: Helicon insurance value
Posted: Thu Dec 09, 2010 8:04 am
by pgym
KiltieTuba wrote:Alternatively, place it on that big auction site with a extreme reserve price - way above what anyone would pay, say 15 million dollars, let sit on there for a week or so and see what the highest bid is at the end. It'll give you a pretty good idea on how much it's worth to an interested party.
It
might give one an idea of how much an interested party who's looking to scoop up a bargain might be willing to pay for such a horn, but will not necessarily give one an idea of what a truly interested party would be willing to pay if it were offered for sale through a reputable used musical instrument dealer like Dillon or Baltimore Brass, or what the appraised value for insurance purposes would be.
Re: Helicon insurance value
Posted: Thu Dec 09, 2010 9:16 am
by SousaSaver
This is really something that should be done by a reputable dealer of Tubas and Sousaphones. Find a dealer near you and have them write you an appraisal. These things need to be in writing.
Re: Helicon insurance value
Posted: Thu Dec 09, 2010 5:34 pm
by The Big Ben
bloke wrote:Make sure that if it really IS stolen or destroyed that your insurance company will actually reimburse you (without qualms) for the "insured" value (whatever amount that ends up being). These days, that's occurring less and less often.
As to a "value"...?? Seriously, how many of these have sold this year (none...??), and what was the average selling price (moot...??)
Some insurance providers have "agreed value" insurance when both parties agree to the value of the object.
As to sale price, a new Cerveny Bb helicon is about $4500.
Re: Helicon insurance value
Posted: Sun Dec 12, 2010 10:33 pm
by The Big Ben
That one is kind of a cockroach and it priced accordingly.