No, I've never heard of it, but if you ever lose them (Mate of mine did on the trooping) it takes ages to get them re-issued. Your best bet if you lose them is a website called messdress.com, I've only got the Bosnia NATO one, but my bar snapped, cost me Â£14 for a court mounted replacement, that was including postage!
I was advised that because you can get lost medals replaced (all be it with a (R) after your details on the inscribed ones) your own medals have little or no insurance value. At the very best you would be able to claim for the cost of replacement replicas.
I had mine sort of auction valued and although the value depends on who is willing to pay what at the time, I was informed that I would quite a few grand (because of the uniqueness of the group), however because of the above it was pointless trying to insure them for that sum.
I would be interested to know if the above is good advice or I was wrongly informed
im in a very difficult situation myself caarps. the replacement value is a fraction of the value ive been given by a few independant places and sources! its begining to stress me! im talking to a few medal collectors atm but there dosnt seem to be a definate answer
I keep my Medals in a very safe place, and never wear them, i bought replacements had them mounted so i can wear the replacements when i go to special occasions i.e. Remembrance Sunday, and not have to worry about losing them when i am pissed.
Random, having looked through your posts, have you thought about putting it in the regimental museum or even your local museum? It will surely come under their insurance then and will be safe until you want it back.
I would have thought that your official replacement ones will carry the same weight in terms of value to a true collector rather than a speculator, as the original ones if your family came to sell them. My logic is based on the concept of provenance of the medals. The story behind the (R) would be important to a collector, and the fact that they were worn by you etc, and were to all intents and purposes official, then that would be fine.
Your original and official replacement medals would be exempt death duties, but your unofficial medals wouldn't, even though they would be "worth" less.