08-05-2019, 09:12 PM
Super-short summary question:
How can I monetarily value a hand-made dining table which was damaged in a move?
Long-winded background explanation:
I just received my household goods shipment for my Air Force retirement move (stealth gloat) home to Tampa. Unfortunately, the movers mucked up the dining table I made for my wife a few years back. It's probably repairable, but I'm not sure whether it'll ever be as solid or as nice as before.
Our personal property is protected at "full replacement value," but I have no idea how to come up with that value. The materials cost for the wood, glue, and finish would only be a couple hundred bucks, but there are dozens of man-hours of labor (maybe more) in the project, and by-gum, my family values the piece pretty highly.
The top measures 77x44 inches (building it myself, I got to use oddball dimensions) & I built it out of SYP with the intent of using it as a prototype for an eventual walnut re-make... To my surprise the SYP one really made the wife happy, so the walnut one never got made. Crummy pic from years ago attached.
Looking online, there are similar examples in hardwoods that are "extremely" expensive. At the other end of the spectrum is the Ikea stuff... I'm at a loss. I've read lots of threads about pricing work for sale, but this seems like a different situation.
Can you suggest a reasonable method to come up with a dollar-value?
Andy
How can I monetarily value a hand-made dining table which was damaged in a move?
Long-winded background explanation:
I just received my household goods shipment for my Air Force retirement move (stealth gloat) home to Tampa. Unfortunately, the movers mucked up the dining table I made for my wife a few years back. It's probably repairable, but I'm not sure whether it'll ever be as solid or as nice as before.
Our personal property is protected at "full replacement value," but I have no idea how to come up with that value. The materials cost for the wood, glue, and finish would only be a couple hundred bucks, but there are dozens of man-hours of labor (maybe more) in the project, and by-gum, my family values the piece pretty highly.
The top measures 77x44 inches (building it myself, I got to use oddball dimensions) & I built it out of SYP with the intent of using it as a prototype for an eventual walnut re-make... To my surprise the SYP one really made the wife happy, so the walnut one never got made. Crummy pic from years ago attached.
Looking online, there are similar examples in hardwoods that are "extremely" expensive. At the other end of the spectrum is the Ikea stuff... I'm at a loss. I've read lots of threads about pricing work for sale, but this seems like a different situation.
Can you suggest a reasonable method to come up with a dollar-value?
Andy