Sometimes things like that are difficult to value.  At one long ago seminar
on insuring historic collections, the problem of valuing things for their
historic significance came up. The presenter said, if you can't determine a
fair market value, place a value on it that would "console you for its
loss."  That could be related to the degree of difficulty of replacing it,
or, in the case of artifacts that are significant only because of their
association and are therefore technically irreplaceable, you'd have to
consider value to your public purpose so that if you lost it you would be
compensated enough to replace it with something with an equal amount of
value to your mission.

Lucy Sperlin



-----Original Message-----
From: Museum discussion list [mailto:[log in to unmask]] On Behalf
Of Simons, Michael A. (Contr)
Sent: Friday, February 11, 2005 5:54 AM
To: [log in to unmask]
Subject: Value

Any suggestions on putting values, for insurance purposes, on large pieces
of military and electrical  equipment; i.e.; radars, jamming devices,
cannons, torpedoes, etc?  In their day, some of these objects were part of
multi-million dollar systems.  They have a value if sold as scrap but I am
interested in a method of assessing their value as historical objects.  This
is not the kind of equipment you see on e-bay or at military shows.



Michael Aurele Simons
Director
Historical Electronics Museum
1745 Nursery Road
Linthicum, Maryland 21090
410-765-3803
[log in to unmask]
www.hem-usa.org

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