In the introduction to this article, we talked about the error that most people made when they threw away their entire vinyl collection to replace them with CDs. The news is about to get worse for some of those people, because if you then went on to throw out your CD collection to replace them with digital files and streams, you've probably repeated the same mistake and lost out on even more money!
If it's any consolation, your collection was probably only worth big money if you had rare CDs in it - early EPs by bands who went on to make it big, or first editions. The average CD still doesn't have a value of more than a couple of dollars (although who knows how much that will go up by in years to come). Limited edition or rare releases by big-name artists are where the big money is, as you might expect. Coldplay's first-ever EP 'Safety' from 1998 is worth $1,500.
To insure one’s house, one’s car or to underwrite a life insurance policy, that is common practice. But who would pay an insurance premium for his/her thumb, legs or smile? Stars, of course.
At the top of the ranking are the legs of Mariah Carey, worth 810 million USD: The diva became, in 2006, the Gillette brand muse for the advertising campaign «Legs of a Goddess». She then took out an insurance policy with London Lloyds to protect her legs, a decision that is far from being insignificant. Among its customers, the London insurer then included several icons of music, such as Bob Dylan or Rod Stewart.
David Beckham’s body insured for 195 million USD: European champion with Manchester United in 1999, David Beckham was in 2006 the most renowned footballer of the planet. In relation to his sporting activities, he took out an insurance cover for his legs. The huge amount paid for his insurance would reportedly exceed the 103 million USD disbursed by Real Madrid for the cover of Christiano Ronaldo in 2009. The fashion model would later extend his insurance cover to his entire body.
15 million USD in insurance for Kim Kardashian’s curves: The curves of Kim Kardashian are her number one beauty asset. The reality TV star, who is crazy about plastic surgery, has underwritten an insurance policy worth 15 million USD to protect her famous butt.
The culinary critic Egon Ronay assured his taste buds: The famous Hungarian culinary critic has insured his taste buds since 1957, for the amount of 400 000 USD. An original insurance policy which allows him to cover his sense of taste without which he will no longer be able to practice his job.