General Discussion
In reply to the discussion: 5 year old's touch sends on-loan sculpture crashing to floor. Kansas City bills parents 132K [View all]GReedDiamond
(5,322 posts)...when I filled out the paperwork for the insurance, I conferred with the artist on the value of the pieces, who suggested that I slightly inflate the prices, so for example, if the piece was worth $5000, list it at $6000.
This particular artist's work is still rising in value, so even at $6K, in another 5-10 years, the piece could be worth 2-3 times what the current value is.
The sculpture valued at $132,000 in this situation seems highly inflated, not to mention that, subjectively speaking, it is quite unappealing to look at.
As has already been pointed out, the piece was not secured to the pedestal at all, nor roped off to keep people, not to mention small children, from coming into contact with it.
The community center is responsible, not the family of the child, and insurance company is full of shit.