Mechanical Music Digest  Archives
You Are Not Logged In Login/Get New Account
Please Log In. Accounts are free!
Logged In users are granted additional features including a more current version of the Archives and a simplified process for submitting articles.
Home Archives Calendar Gallery Store Links Info
MMD > Archives > March 2013 > 2013.03.12 > 03Prev  Next


Value of PDS-32 Solenoid Player Action
By Spencer Chase

I recently had a fire in my workshop, caused by a power surge.  I
learned a lot about dealing with insurance companies and, of course,
made all the usual mistakes in making my claim.  If you have actual
replacement coverage, it may be best to ask for replacement cost for
the PDS-32.  Of course, it is worthless today, but maybe you can get
paid for a Live Performance LX unit.

The main mistake I made in making my claim was to not consider
depreciation.  Most of my loss was of tools and they were depreciated
to something like 20% of their value, even though they cost much more
than I paid to replace them today.  The insurance company can not ask
you to provide receipts; so boost your purchase prices to cover
depreciation.

I did the best on "antiques," for which they hardly winced at the
prices I claimed.  I got paid $25 each for piano rolls, by showing
comparatives on eBay. On other things, I lost a lot of money by being
honest about the great deals I had gotten and the low prices I had paid
for tools that are now worth much more.  I did not ask for replacement
cost, because for most items I would have to actually replace them and
buy stuff I really did not need and be out the money until the claim
was settled.

Overall, I did not do too badly but there were some real surprises and
then some mistakes when they multiplied quantities and paid me many
times what something was worth.

Spencer Chase
Garberville, CA
http://www.spencerserolls.com 


(Message sent Tue 12 Mar 2013, 06:12:55 GMT, from time zone GMT-0700.)

Key Words in Subject:  Action, PDS-32, Player, Solenoid, Value

Home    Archives    Calendar    Gallery    Store    Links    Info   


Enter text below to search the MMD Website with Google



CONTACT FORM: Click HERE to write to the editor, or to post a message about Mechanical Musical Instruments to the MMD

Unless otherwise noted, all opinions are those of the individual authors and may not represent those of the editors. Compilation copyright 1995-2024 by Jody Kravitz.

Please read our Republication Policy before copying information from or creating links to this web site.

Click HERE to contact the webmaster regarding problems with the website.

Please support publication of the MMD by donating online

Please Support Publication of the MMD with your Generous Donation

Pay via PayPal

No PayPal account required

                                     
Translate This Page