How do you protect your cards? I mean, you probably protect your best cards with at a bare minimum a soft sleeve.  You probably have them covered with some sort of hard plastic cover as well though. Maybe a screw down or a one-touch magnetic hard plastic case. And then you probably have the card either displayed prominently, or stored somewhere.Â
If you do have your best card or cards stored somewhere, and not displayed, then you should think about getting a fireproof and waterproof safe.  Your cards are valuable. Do you really want to risk losing a several thousand dollar investment, just because you didn’t want to spring $75 for a safe? I don’t think so.
And if you have your card(s) displayed, and don’t have the option or desire to put in a safe, then make sure you have homeowner’s or renter’s insurance which covers your cards. If you have insurance right now, you can probably call up your agent and get your cards added to your existing policy. Based on how much your cards are worth and how much you want to insure them for, you can probably get real good coverage on them for about the price of a blaster box per month.Â
Is the cost of insurance worth your peace of mind and knowledge that your treasured collectibles and investments are covered? I think so.
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4 responses so far ↓
1 Joe // Jan 19, 2008 at 10:11 am
I learned a very valuable lesson with Hurricane Katrina. I lost 24 years of collecting in a 20 minute period when the surge came in. My home was on the waterfront. I did find cards afterward. The ones in PSA holders were perfect. Just the plastic was scratched. 32 1/1’s were waterlogged, and the others were just mushy and no longer more than compost. Over 500,000 cards ruined. Now when I get a card I consider valuable or want to hold onto I send it in to at least be encased. As for sets I put them in plastic pages and set them on a shelf. I do not put them in binders so as not to bend them. Plus it is easier to look through them than pulling them out of a box. Every card goes in a penny sleeve at least. Pages and sleeves are cheap enough to do this than nothing at all.
2 Scott // Jan 19, 2008 at 1:58 pm
Wow, Joe, that’s a real interesting story. Thanks for the comment. Sorry to hear about the loss of your cards during Hurricane Katrina. Hopefully, your feedback here will help another collector protect their collection before such an incident happens to them. It’s something that most of us either don’t think of, or think of and don’t do anything about. Thanks for visiting and keep on collecting!
3 David // May 10, 2008 at 12:49 pm
My home got broken into and cards were stolen. Very important to one have insurance and if your values are more than $2500 you need to purchase a seperate rider. I had insurance and received cash to replace all my cards. It is also very important to keep a list somewhere of what you do have and when you got them you will need this. Also, keep abreast of current values because you will need this info also. Hope I could help.
4 Scott // Jun 5, 2008 at 9:22 pm
Thanks for the comment Dave. This is good information for other collectors to absorb and take action on.
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