Further, I just do not understand the correlation between a stamp collection, and oil fields.
That's okay. Really. Nobody understands it. What, exactly are "oil production notes"? Anyone got ideas about this? Another question: let's say you've got this really really cool collection of Aden stamps. I used to have a stamp collection as a kid, and I think I had some Aden stuff. Not worth much, but then naturally, value depends on issue.
But getting back to the point: let's say you want to have this collection insured by Lloyd's. Who determines the actual worth of the collection? LFT says it's worth $50 million. I'd like to see some, oh, sorry, I'm cracking up here, let me get back in control....
Um.... I'd really like to know. Let's say you have a stamp collection, and you want to insure it with Lloyd's for fifty million. Stiff premiums, I suppose, but... |