I’ve never sold any of my models but have had a problem valuing them recently!
I’m in the armed forces so move around the country quite a bit. On my last move earlier in the year the removalists lost three of my models. Three 1/20th F1 cars. I’d valued them at AUS$250 each, which in retrospect seems undervalued.
However do you think the insurance company was happy to just pay out on this? No, they view scale models as toys. They wanted to just pay me just the cost of the kit! According to them they couldn’t compensate me for my time
Anyway I wasn’t going to put up with that and emailed a few builders on the net for quotes. Unsurprisingly all of them were for significantly more than the $250 I’d valued them at. After hounding the insurance company with phonecalls, faxes and a lot of persistence they finally relented and agreed to pay me the original $250 each.
I probably should have held out for more
Phil