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Skywatchr
Carpal Tunnel
Reged: 06/03/06
Posts: 1576
Loc: North-Central Pa.
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Re: Depreciation Value
07/05/08 10:58 AM
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All you need is the original packing the scope came in. I see you have it so there will be no problems with UPS insurance. Just photograph it before, in the box, and after it returns and you'll be all set. Insure it for the amount it would cost to replace it should it be a total loss. That is, look at what a NEW one would cost landed to your door and use that figure. Even if you have to choose a newer model if your model is no longer available.
Jeff
Quote:
As some of you know, I've been fretting over shipping my lx200 from the west coast to here in Ontario. I thought I'd got myself to the point where I'd have to crate it very well and take my chances since not even my home insurance was willing to cover it in transit. However, as I contacted ups and asked for an updated shipping rate, they informed me I could get 100% loss & damage coverage if they could pack it. As you might guess, I'm interested.
Now here's the catch...."It is 100% coverage, no questions asked once there has been proof of damage, say from a photo. You would also have to prove the actual value of the equipment if it is used. Original invoice with a scale for depreciation (reaonable scale)." I believe I can get the original invoice (purchased in 2003), but what would be a 'reasonable' scale for depreciation? Any ideas? Thanks! 
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18" F/5 Home-Built Dob. with Mike Dudley Mirror
Highly Modified Meade DS-16 in Roll Off Roof
6" F/15 Brass w/ D&G Lens on DS-16 Mount
DS-10 10" F/4.5 Newtonian
LXD650, LX200 Classic
Orange Tube C11
DayStar 0.45 with multiple ERFs
Vixen ED80sf
10" LX200 GPS SMT
11x80 Meade, 20x80 Celestron binocs (Japan Made).
Lots of Naglers and 8mm and 13mm Ethos.
Gadgets and parts everywhere.
And a Wife that loves it as much as me!
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