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Originally Posted by Fred
Interesting topic - so... how much does it cost to insure a $25K card for shipment (please include the insurance cost of the carrier and private insurance premiums)? Lets stick with a private collector selling on ebay. What about a $100K and $1M card?
Things have gone rather crazy lately. An assumption is that some of these auction houses self-insure to reduce the cost. Is that a good assumption?
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If I recall correctly, it is about 1% of the declared value.