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Thread: Card shops in hurricane areas.

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    Card shops in hurricane areas.

    With all of the focus on the actual hurricanes, I wonder how much memorabilia and cards get lost/destroyed from those hurricanes. Floods, wind blowing them away, etc. I bet it's massive with mandatory evacuation.

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    junk years could stop floods

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    Quote Originally Posted by tramers View Post
    junk years could stop floods
    No doubt, they make good starters for camp fires too.

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    This could be extended to anything (home fires, flooding or any kind including burst pipes, collections being tossed by family members after death, recycling, etc). I'm sure a small amount of stuff is lost forever each year.

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    Quote Originally Posted by autocut View Post
    With all of the focus on the actual hurricanes, I wonder how much memorabilia and cards get lost/destroyed from those hurricanes. Floods, wind blowing them away, etc. I bet it's massive with mandatory evacuation.

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    I don't even want to think about this it makes me so sad! I know it's probably different for actual shop owners who face real hurricane threats, but I feel like I would do everything I could to save ALL of it, and certainly the valuable stuff. Drive by the shop with a couple large vehicles, empty it out, and then get the hell outta Dodge. Once I literally ran into a burning apartment building to grab a few of my most valuable card boxes, so given a few days notice I would try to save everything I could.

    But yeah...that's some grim, grim thinking right there and makes a sad situation that much sadder.
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    Senior Member Austin's Avatar
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    I'm sure the shop owners took everything of value with them when they evacuated the area.
    Of course during these tough times as card shop owners, some of them would probably just rather have the insurance money, since most of it would cover the cards they'd never sell otherwise.
    Set builder, autograph hunter and fan of the Texas Rangers & '50s-'60s Yankees

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    I would imagine that if you owned a card shop, then you would have insurance on your inventory. It doesn't make it any less of a horrible situation to lose it all. At least you will live another day to rebuild.


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    Quote Originally Posted by DragonWagon View Post
    I would imagine that if you owned a card shop, then you would have insurance on your inventory. It doesn't make it any less of a horrible situation to lose it all. At least you will live another day to rebuild.


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    Not sure how it works for shop owners, but I was told I needed collectible's insurance (not homeowner's) to insure a trading card collection, and as such, everything I wanted insured had to be appraised. I wasn't willing to fork out the money for an appraisal so I took other measures to ensure my most prized items would be secure. I imagine card shops have frequent enough turnover that it wouldn't be feasible to constantly have their merchandise appraised, and therefore they wouldn't be able to get much of it insured (except perhaps unopened boxes/sets with MSRPs). Businesses like that probably have a different type of insurance that covers their stuff, but when things like card condition, market trends, etc. come in to play to affect the value of a card, I wouldn't be surprised if it's not that simple.
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    Quote Originally Posted by DragonWagon View Post
    I would imagine that if you owned a card shop, then you would have insurance on your inventory.
    I would bet not many have it. I see it all the time on the local news about businesses in various industries burglarized, vandalized, closed down temporarily due to a major fire in their strip mall or nearby condos-under-construction-complex and they all cry to the media about how much it's cost them in inventory or revenue. There is insurance for those situations but it's obvious they didn't take it. I bet LCS profit margins are thin enough or sloppy enough that they can't afford insurance in case of natural disaster or theft or other business interruptions.

    as for my own collection insurance, as pointed out in a recent post, it can be a specialized insurance with certain requirements for proof of ownership of the parts of the collection to be insured. Since I don't want the special rider from my insurance company, my most valuable stuff is in a safety deposit box and I"m not too worried about the flooding of the other things because I'm on super high ground.

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    There was a bit of Galarraga/Vizquel mania last year. The two deep pocketed buyers dropped in the neighborhood of $1m each on cards. Both were in the Miami. Hope those cards are ok! But seriously, the real value of the cards outside those 2 buyers is maybe 5-10% of the amounts paid. Wish I sold everything I had while the getting was good!

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