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Muskie Fishing -> General Discussion -> How much money do you have tied up in tackle?
 
Message Subject: How much money do you have tied up in tackle?
Illusion
Posted 12/3/2009 11:36 PM (#410809)
Subject: How much money do you have tied up in tackle?




Posts: 1


New Member to the list here.

I have a question, Perhaps it has already been asked here if so I didn't find it.
Recently my cabin was burglarized and among the items stolen was all my muskie tackle. For some reason they left all my rods and reels but tackle boxes and their contents are gone. For insurance purposes I am currently trying to create an inventory of the missing equipment. I suspect that the claims adjuster will balk at the dollar amount of all my muskie tackle.

If you had to estimate the dollar amount to replace all your muskie tackle (Just what is in your tackle boxes), how much would it be? I am hoping to see a lot of responses here. I am not stating what I am coming up with for my own amount so as not to influence any of your responses.

Thanks In advance.
Illusion
MuskieMruz
Posted 12/4/2009 1:17 AM (#410818 - in reply to #410809)
Subject: Re: How much money do you have tied up in tackle?




Posts: 101


Why did you bring this up??? Did my wife call you and ask??

Answer just starting out and already Muskie tackle $799, not counting bass , walleye, etc which OMG way too much!
Almost-B-Good
Posted 12/4/2009 1:51 AM (#410821 - in reply to #410809)
Subject: RE: How much money do you have tied up in tackle?




Posts: 433


Location: Cedarburg, Wisconsin
Probably a hair under $6,000 when you look at the musky lures being worth about $15 each at current prices. That's being conservative.


Edited by Almost-B-Good 12/4/2009 1:53 AM
Contender
Posted 12/4/2009 6:31 AM (#410826 - in reply to #410809)
Subject: Re: How much money do you have tied up in tackle?




Posts: 360


Location: Algonac, MI
Just lures....

Over $10K, after a quick glance... Hate to even tally it all up....Nope, can't do it...have to admit to my disease, then.

Edited by Contender 12/4/2009 6:33 AM
MuskyGary
Posted 12/4/2009 7:45 AM (#410831 - in reply to #410809)
Subject: Re: How much money do you have tied up in tackle?




Posts: 78


Get a catalog and start writing down lure names and prices. If you have any pictures of your tackle that will help.
ToothyCritter
Posted 12/4/2009 7:52 AM (#410834 - in reply to #410809)
Subject: Re: How much money do you have tied up in tackle?





Posts: 667


Location: Roscoe IL
YIKES!
Over $6,000 just in lures. and that's a conservative estimate. With all the muskie shows comming up, I need to keep this in mind!
MuskyFix
Posted 12/4/2009 8:02 AM (#410837 - in reply to #410834)
Subject: Re: How much money do you have tied up in tackle?





I would say almost as much as a new car’s depreciation value in two years.
bassinbob84
Posted 12/4/2009 8:26 AM (#410841 - in reply to #410809)
Subject: Re: How much money do you have tied up in tackle?




Posts: 646


Location: In a shack in the woods
I don't even know where to start. At least $2500 plus another $2500 in rods and reels.
This is just Muskie equipment.
jkslayer135
Posted 12/4/2009 9:31 AM (#410850 - in reply to #410809)
Subject: Re: How much money do you have tied up in tackle?




Posts: 283


Probably roughly $4000
MuskieSam
Posted 12/4/2009 9:43 AM (#410851 - in reply to #410809)
Subject: RE: How much money do you have tied up in tackle?




Posts: 2


spent well over 2,000 this year alone! and i didnt even go to any shows this past year!
JeffinPickering
Posted 12/4/2009 10:00 AM (#410854 - in reply to #410809)
Subject: Re: How much money do you have tied up in tackle?





Posts: 97


Location: Pickering, ON
Delete this post immediately! If any of our wives happen to see it we're friggin screwed!
I've got myself back into one Lakewood Monster, so I'll say $2000 or less.

Even then, at least 1/2 of them are probably still virgins.

Edited by JeffinPickering 12/4/2009 10:02 AM
Pedro
Posted 12/4/2009 10:31 AM (#410860 - in reply to #410809)
Subject: Re: How much money do you have tied up in tackle?





Posts: 670


Location: Otsego, MN
For sure over $2,500 and Probably close to $2,000 in rods and reels. It doesn't seem to bad when you accumulate it over a few years. (That's what I say to my wife, when she gets mad at me.)
Steve Jonesi
Posted 12/4/2009 10:46 AM (#410864 - in reply to #410809)
Subject: RE: How much money do you have tied up in tackle?


"Ya know how a Muskie Fisherman/woman becomes a Millionaire???????? He/She starts with 2 !!!!!!" Hahahahahaha. Now that's some funny Shizzle.
esoxaddict
Posted 12/4/2009 12:14 PM (#410885 - in reply to #410809)
Subject: Re: How much money do you have tied up in tackle?





Posts: 8824


Figure $18 for the average lure, I've probably got 400 lures?? That's $7200 right there. Add in the cost of your lakewoods, hooks, snaps, split rings, pliers, knipex...

Rods and reels aside, I'd say $10,000.

Factor in your rods, net, reels, line, truck, boat, and all the clothes you need to fish until ice up?

I'd be willing to be that most of us have probably $75,000 invested.

If you really want to feel stupid, figure out how much money you've spend all inclusive. Tackle, trips, guides, gas, EVERYTHING.

Then divide that by the number of muskies you have caught.
Top H2O
Posted 12/4/2009 12:58 PM (#410890 - in reply to #410885)
Subject: Re: How much money do you have tied up in tackle?




Posts: 4080


Location: Elko - Lake Vermilion
Jeff, Thanks..... Now I'm really depressed, as the muskies haven't been jumping the boat lately.........Stupid Fish

I think $4,000. - $5,000. just in fishing lures, and one from last winter's O.P. auction at $310.00 (Can't bring myself to use it, it's so pertty)

Jerome
Guest
Posted 12/4/2009 1:18 PM (#410897 - in reply to #410809)
Subject: RE: How much money do you have tied up in tackle?


I think it's probably in the neighborhood of only $300-$400. (Why is it that you feel like you have a small "man-thing" when the amount is that low?)

But as they also say, what I have gets the job done for me!
MuskieMike
Posted 12/4/2009 1:23 PM (#410899 - in reply to #410809)
Subject: RE: How much money do you have tied up in tackle?





Location: Des Moines IA
I just insured rod, reels, and lures for 10,000$, and the boat just got insured for the same.
whynot
Posted 12/4/2009 1:49 PM (#410903 - in reply to #410809)
Subject: Re: How much money do you have tied up in tackle?




Posts: 897


Seems like a good time to remind people to take pictures, or even better a video, of all of their equipment for insurance purposes. A lot of us have a significant amount of money invested in this sport, protect your investment and get it documented and insured properly. Also, don't keep the only records you have of your equipment in the same location as your equipment. Save your photos in your email as well as on your computer. That way when the house burns down with all of your equipment, your camera, and your computer still in it you have concrete evidence of what you had to show your insurer.

Think I just figured out what I'm doing tonight!
BNelson
Posted 12/4/2009 2:10 PM (#410905 - in reply to #410809)
Subject: Re: How much money do you have tied up in tackle?





Location: Contrarian Island
i know guys w/ more...and this is pretty sick but I have a spreadsheet for my insurance agent with all rods/reels/electronics listed...no lures....and it totals $13k. Lures...geezuz....probably another $10k...sick.

Edited by BNelson 12/4/2009 2:11 PM
muskyone
Posted 12/4/2009 2:20 PM (#410909 - in reply to #410809)
Subject: RE: How much money do you have tied up in tackle?





Posts: 1536


Location: God's Country......USA..... Western Wisconsin
I live in fear that when I die my wife will then know how much I really spent on tackle.
BuckMan
Posted 12/4/2009 2:23 PM (#410911 - in reply to #410809)
Subject: RE: How much money do you have tied up in tackle?


And we wonder why there aren't more musky fisherman. Ha!

It would be a good test for all of us to take a look at our equipment, usa a fictional budget of say $750 for rods, reels and lures... and tell ourselves, this is what I need to go to war. And you know what, we probably would catch the same amount of fish year to year. And since I make all my lures, I can keep my Calcutta in the mix.



JeffinPickering
Posted 12/4/2009 3:00 PM (#410915 - in reply to #410909)
Subject: RE: How much money do you have tied up in tackle?





Posts: 97


Location: Pickering, ON
muskyone - 12/4/2009 2:20 PM

I live in fear that when I die my wife will then know how much I really spent on tackle.


By then you're home free! lol
mseybert
Posted 12/4/2009 6:01 PM (#410941 - in reply to #410809)
Subject: Re: How much money do you have tied up in tackle?





Posts: 443


Location: Indiana
I have two large Dunwrights stuffed full. The value of baits in them is $2990. Like mentioned above I have a spreadsheet. That is the value, I even have what I actually paid, which is a much smaller number. I keep this for my insurance agent and snap a new photo every winter.
Roughneck1860
Posted 12/4/2009 8:25 PM (#410965 - in reply to #410809)
Subject: Re: How much money do you have tied up in tackle?





Posts: 295


Location: Southern Ontario, Detroit River and Lake StClair
I got ripped off a few years back. When I took it to my insurance company they said not a problem and that they typically paid $3-$4 per lure for fishing gearing. When I told them that Muskie baits usually ran in the $20 per bait area they just about sh!t. they ended up paying it out but only after I provided pictures of the baits and boxes and got estimates for a couple of different shops for replacement value. Now I have separate rider for my fishing gear thats good for $15,000 about $12,000 of that is all Muskie gear thats been collected over 20yrs+. Every year before season I do inventory and take pictures then hand them over to my insurance company. I'm not sure how things work in the in the USA for insurance but it was relatively cheap to have it added to my house insurance and good piece of mind knowing its FULLY insured.

Good Fishin'
Tim
archerynut36
Posted 12/4/2009 8:36 PM (#410967 - in reply to #410809)
Subject: Re: How much money do you have tied up in tackle?





Posts: 1887


Location: syracuse indiana
well like i usually tell my clints they are fishing out of my kid college fund lol its that high...bill
Lone Stone
Posted 12/4/2009 9:49 PM (#410980 - in reply to #410809)
Subject: RE: How much money do you have tied up in tackle?




Posts: 477


Location: Iowa
My tackle is probably in the $2,000 range. Rods and reels are probably just a tad under that amount. I too take pictures every winter, and double check my coverage.
Gander Mt Guide
Posted 12/5/2009 9:45 AM (#411018 - in reply to #410809)
Subject: Re: How much money do you have tied up in tackle?





Posts: 2515


Location: Waukesha & Land O Lakes, WI
4-5 grand for tackle. Half a million with boats and lake house.
Steve Van Lieshout
Posted 12/5/2009 10:37 AM (#411029 - in reply to #410809)
Subject: Re: How much money do you have tied up in tackle?




Posts: 1916


Location: Greenfield, WI
As my wife may read this post at some time, I would very precisely estimate/guess that I have between $6 and $9 tied up in ALL my muskie equipment, not counting both of my Berkley Ball Bearing Snap Swivels!
Chasin50
Posted 12/5/2009 11:15 AM (#411034 - in reply to #410809)
Subject: Re: How much money do you have tied up in tackle?




Posts: 378


Location: Michigan
This is bad... Just Muskie stuff...

Trolling lures 5000
Casting lures 6000
Collector Lures 4500
fishcrazed
Posted 12/5/2009 3:22 PM (#411067 - in reply to #410809)
Subject: Re: How much money do you have tied up in tackle?




Posts: 171


Location: indiana
i read somewhere a good line..... "my greatest fear is that when i die, my wife will sell all my musky gear for what i told her i paid for it".
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