I hope you have a serious relationship with your insurance agent.
@noromance not as good as my kids. 😀 they make sure my stuff is covered. and I have guard elk, and guard hummingbirds to help.
a point I do want to make is that with vinyl, the media is more important than the gear. we fall in love with gear, but it's great pressings that sound great. certainly your gear needs to exceed a baseline of performance, but the quality of the pressing does the heavy lifting.
let's say someone is a Led Zeppelin fanatic. and they are contemplating a $70k to $80k vinyl front end. that is certainly expensive, but many here are in that realm when it comes to turntable, arm, cartridge, and phono stage. it's the upper end, but not the top, or tip top. my case would be that buying this Led Zeppelin box set for $20k, and lowering the gear by $20k, would net you a higher musical result. and 10 years from now, likely more resale value.
not saying that is the correct approach. but not wrong either. depends on how seriously you want Led Zeppelin at their very best.
and one big issue about collecting best pressings is the effort it takes to hunt them down. many times that is the bigger challenge than the investment. how many records must you buy to get that gem?
lot's of ways to view it.