All entries for Tuesday 07 February 2006
February 07, 2006
Writing about web page http://www.4barsrest.com/editorial/ed030.asp
Just reading the February editorial on 4barsrest.com which starts off talking about the cost of insuring the trophy you win if you're crowned Champion Brass Band of Great Britain. I quote:
The cost of properly insuring the cup is over £1,400 for the year. It is purportedly valued for insurance purposes at around £60,000 (and that for melt down value of the silver) and is realistically worth anything between that and possibly double it because of its provenance and cultural value.
Leyland won £2000 in London and were faced with a bill of around £1400 to insure the cup. The band that came second and third actually made more money out of not winning the contest than Leyland did.
However, if you're in contesting for the money, you're a fool. (Having said that of course, Pontins and Butlins now have pretty decent prize money. If you win. If you're in the Championship section.)