The challenges of insuring priceless artifacts: Why some treasures stay unprotected

Valuation: The largest barrier to insuring historic works

Usually, high-value artworks are insured primarily based on current public sale outcomes, personal gross sales data, or retail alternative worth. These valuation fashions operate properly for work by Monet, Klimt, or Basquiat. However for nationwide treasures or relics of singular historic significance, there aren’t any comparables.