Castle Quest - Reply to Topic

Forum:	Mansions & Manor Houses
Topic:	Versailles

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T O P I C R E V I E W
Chiqui74 If the Chateau de Versailles was to be sold, how much would it go for? Ballpark. It has a huge historical value, but what about monetary value? I've always wanted to know.
Philip Davis I'm afraid this is an unaswerable question since Versailles would never be sold, not even to Bill Gates.
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And as I rode by Dalton-Hall Beneath the turrets high, A maiden on the castle-wall Was singing merrily: The Outlaw by Sir Walter Scott
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Chiqui74 I know that it will never be sold, but I still think it must have a monetary value even if it's not up for sale. Dont all other houses?
wurdsmiff No, the term priceless comes to mind. Some buildings are so valuable historically that a monetary price could never match that. I doubt if even the insurance companies would value it.
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'Give me the groves that lofty brave,
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Gordon.

[This message has been edited by wurdsmiff (edited 09-11-2000).]
Levan
I agree with Gordon and Philip. In a former a life I was responsible for a relatively ordinary stately home - even it wasn't insurable as a whole.
We had to have a break down of individual items of content - each item with its own risk assessment based upon its restoration value. A total loss scenario was not covered. Likewise with the fabric of the building. The only means of assessing the value of the property was on the basis of expected cost of restoration - the concept of overall value was anathema.
Such properties have values far in excess of perceived value of the fabric. The financial value of historic and symbolic significance just cannot be quantified realistically. The adage that something is worth whatever someone else will pay just doesn't apply. I dare say this concept is rather hard to grasp in some societies where everything has a price. The wide-spread European practice of rooting even new things in the context of history has served us well in the preservation of our old buildings (and the ridiculously quaint practices that are often associated with them).
Priceless is as good a description as any!
Levan