I did a search on "insurance" and came up with a few threads here and there, but I didn't see anything addressing these specific questions, so I thought I'd pose it out.
I'm sure that most here collect because we enjoy collecting/playing games. I doubt that many (if any) collect because we think that it's an investment to sell off at a future time. But there comes a point when someone (perhaps even ourselves) looks around at our collections and says "Good grief, that's a lot of systems/games/accessories/etc, how much is this worth?"
After having been asked that numerous times myself, I finally decided to pose the question to myself - this is good, because it led to my first serious effort at cataloguing my entire collection. When I finished the catalog, I saw 500+ games and wondered how much it would be worth.
So I've been attempting to go through and assign a dollar value to each game and thus take the aggregate as the monetary value of my collection.
Have any of you done something similar? How did you determine the price of each game (I've been going by approx eBay prices and taking into account completeness and condition)? Did you use IGN, Gamespot, DP or eBay - I think each would generate a different number. Which is the most realistic? Or did you just guestimate, not wanting to take time to go through each game individually? Do you have a minimum value for a game (mine was $1 - I know that there's many many games out there that are worthless, but even worthless games would cost to replace if they disappeared)?
Any thoughts, views, experiences or suggestions would be welcome.