If you bought something cheap that has surprisingly soared in value would you

[Twiglett]

insure it ?

even if it increases your insurance policy by £130 annually?

£130p/a at 10K

which is an annual premium of twice as much as we paid for it

oh who cares .. if it gets destroyed it gets destroyed

why not simply flog it?

what? get off my arse and do something as opposed to sit here an chunder on about it?

you really don't get me do you jampots

Surely you only need to insure it if you would want to replace it at current gallery prices - say if your darling children stood on the back of the sofa, ripped it off the wall, threw it on the floor and jumped up and down on it.

Twiglett, I tell you what, I'll take it off your hands for $100 (or £100) and save you worrying about it. I don't promise to still have it though, should you want it back

Ill give you £150

I'd flog it and buy something else

Do you like it? If you do it's worth the insurance money. If you don't then I'd sell it and either invest the money in something I really liked or use the oney for something else.

Might be worth shopping around on the premium, T ? Alternatively, consider insuring for about 5K (ie. perhaps the value to a gallery who sells at 10K) IYSWIM ?

Maybe it would just be better to put a really nice television next to it cos the tea leafs would take that instead, LOL.

Do not under-insure it.
One of the many get out clauses put in my insurers is that if you don't insure for full whack, bad things happen to your claim.