🛡️ Stamp Insurance Value Tracker

Add each significant item's appraised or estimated value to calculate a running total — useful for discussing scheduled coverage with your insurance provider. This tool does not provide insurance advice; consult your insurer for coverage details.

How the running total works

Every row is one scheduled item, and the tool sums the value column:

total scheduled value = value(1) + value(2) + ... + value(n)

$800 (classic issues album) + $350 (foreign collection) = $1,150

+ Add Item drops in a row at $100 for you to rename and reprice; Remove takes one out; the total redraws as you type. A cleared value box counts as zero. The list lives in the page only - nothing is stored or sent anywhere, and reloading starts you over, so paste the figures into your own inventory file.

Which value belongs in the box

Insurers underwrite replacement cost: what you would have to pay a dealer to buy the item again, including buyer's premium at auction. That is a different number from both of the others collectors quote:

Catalogue value is a published asking price for a stamp in a stated grade. Insuring at catalogue on ordinary material overstates the claim you could actually make.
Sale value - what you would net selling - is the lowest of the three, because it is after a dealer's or auctioneer's cut.
Replacement cost sits between them for scarce items and is what a written appraisal is normally prepared on.

Schedule the pieces worth naming and let a blanket limit carry the bulk. Keep scans of both sides, certificates and purchase receipts, and store that record somewhere other than with the collection.

This total is arithmetic, not cover, and not insurance advice. Your insurer decides what is accepted, and standard home policies usually cap collectibles well below their value unless the items are scheduled.

Frequently asked questions

Does homeowners insurance cover a stamp collection?

Usually only up to a low sublimit for collectibles, which a serious collection passes quickly. Beyond that you schedule named items or take a separate collectibles policy; ask your insurer which applies.

What value should I insure my stamps for?

Replacement cost - what buying the same material again would cost you at retail. A recent written appraisal is what an insurer will want if a claim is large.

How often should the figures be updated?

Once a year, and immediately after any significant purchase. Insured values that lag behind a growing collection are the common way a claim comes up short.