Top 10 Most Valuable Things Lost to Fire

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Even in the finest circumstances, fire is terrible and destructive. Despite all the good it has done for humanity, it has never been very simple to govern, ... read more...

  1. Perhaps the greatest library in history, the library of Alexandria is renowned for being a repository of historical knowledge. Therefore, the information it must have contained being lost entails the loss of books, papers, and information of value that transcends monetary value. If it had survived, the items inside would have been worth a great deal of money as well. However, it was not meant to be, and the library was destroyed by fire. What matters is which burning caused the greatest harm because the public abhorred that library so much.


    More than most people think, the library was able to survive for about 1,000 years. That is perhaps older than the average library will ever be. It was also repeatedly plundered, torched, and ransacked during that time. The most well-known burning was most likely performed by Julius Caesar. Back in 48 BC, when Caesar visited Alexandria, the Egyptians resisted him. To make a point, Caesar decided to set fire to the fleet in the harbor. As a result, nearly 10% of the city's library was destroyed.

    In nearly 400 years, Theophilus transformed the Serapis Temple into a Christian church. The library's books were stored in the temple, where they were later destroyed in huge numbers. When Caliph Umar conquered Alexandria in 640, it is reported that he set the bathhouses on fire for six continuous months using the library's volumes as fuel. Needless to say, it is obvious that many rare and one-of-a-kind volumes would have been lost for all time regardless of who burned the library the most over the span of several hundred years.

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  2. A fire may occasionally result in a loss that is multi-layered. One aspect of it is the monetary expense, but there may also be a loss of the item's originality. It can be tragic if a building's contents, such as furniture and appliances, are destroyed, but most things can be replaced. There were cultural and historical costs associated with Universal Music losing a significant amount of their music catalog in addition to financial ones. A significant collection of master recordings for music was lost in a fire in 2008. These were the authentic, best, and most distinct recordings of the music created by tens of thousands of musicians.


    The issue with this narrative is that, even more than ten years later, Universal still won't be transparent about what happened. At first, the New York Times said that up to 175,000 archived material had been erased. As many as 500,000 tracks, according to the vault manager, were lost. Universal promptly refuted this, claiming that nothing of the such had occurred and that they had backups for almost all of the data that had been lost. They repeatedly revised their explanation until deciding on "substantial," but less severe, damage than the Times stated. They once asserted that only 22 masters had been eliminated. It's not that horrible, is it?


    In insurance claims and legal actions, Universal asserted that the fire destroyed recordings by more than 17,000 artists. They consistently avoided saying who or what was lost. They have instead claimed that those were merely "possibly" lost assets. Finally, 19 artists were found to have lost their work, including Bryan Adams, Beck, and Nirvana.

    It's difficult to estimate how many things were actually destroyed because cases are still pending and Universal hasn't been completely open about its practices. Whatever the case, there were undoubtedly some historical recordings as well as other recordings, including speeches by Martin Luther King Jr.

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  3. It's practically difficult to comprehend the housing market. A similar house can cost ten times as much on one side of the country as on the other. Sometimes you may get a nice three-bedroom home for the same cost as a studio apartment. It's meaningless. But when it comes to estimating house values, there is one sure and fast rule you can rely on: if a house has a name, it is expensive. Take the Chateau de Triomphe in Dallas, Texas, as an example.


    The mansion, which was constructed on 10 acres, belonged to a man who became wealthy through international mining. The owner purchased the 75,000 square foot property as an investment before it was even finished. He intended to finish the construction, pay for it, and then sell it. The price of the mansion's listing was $44.9 million.

    In 2003, the entire house caught fire after an electrostatic air cleaner caught fire due to paint and solvent smells in the home. Because there was no firebreak in the attic and the sprinkler system was reportedly improperly engineered, this led to a lawsuit.

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  4. It's almost ironic how hazardous fire can be aboard a boat given their proximity to water. Fire, however, is the last thing you want to see at sea, as any serious boater will tell you. Ask the owner of the two $20 million boats that caught fire in 2019.


    The fire battalion chief referred to the blaze as the largest fire loss in Ft. Lauderdale history, and it's understandable why. The first started aboard one of the two boats before spreading to the other when they were both docked for maintenance. The first one was a huge 161 foot long ship, while the second one was only 106 feet long. Authorities believe it began in the larger vessel, which is worth in the neighborhood of $16 million on its own, and then spread to the other, which had the unfortunate circumstance of being docked in the same location.

    Although it was not the case, there was speculation that the fire may have been the result of insurance fraud or intentional arson. Video surveillance demonstrated that the fire was simply an accident made worse by strong winds.

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  5. While some people enjoy collecting spoons, others enjoy collecting comic novels. Additionally, collecting the most costly and unusual cars on the planet might be a way for some people to pass the time. Someone was doing that in the UK's charmingly called village of Over Peover, where they had amassed a collection of rare vehicles from manufacturers including Aston Martin, McLaren, Porsche, Lamborghini, and Ferrari. In reality, one of the vehicles was an incredibly rare Ferrari LaFerrari with a standalone value of almost $1.6 million. There were only 499 cars produced in total. Some are currently for sale for less than $4 million.


    The fact that someone else burned them all to ash is more significant than the fact that there are cars with values higher than most people will ever earn in a lifetime. There were 80 unique automobiles total in the collection, which was kept in two sheds close to a barn. Furthermore, someone intentionally started the fire, so their loss was not an accident.

    According to reports, one unnamed vehicle alone was worth $4 million. No information has been released regarding the arsonist's identity or the total cost of the cars that were destroyed, but given that there were 80 vehicles destroyed, including the rare Jaguar XJ220 and the Aston Martin Zagato, it is safe to assume that the total loss was in the tens of millions
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  6. Possibly the most famous museum in the world is the Louvre in France. After all, the Mona Lisa is shown there. It is one of the top attractions in Paris, right next to the Eiffel Tower. And the value of all the art included therein would be $45.5 billion.


    The museum's administrators should be very careful about where their art goes and how it is handled, and they probably are, but occasionally mistakes are made, usually unintentionally. Who at the Louvre could possibly have known that the artwork they loaned to the Maritime Museum on the island of Tatihou would catch fire?


    It's not unusual for museums to loan items to other institutions so that new art admirers might appreciate them because museums are all about appreciating art. Along with roughly 200 of the Maritime Museum's own pieces, three of these paintings—one by Alexandre Casati and two by unidentified Dutch painters—were destroyed when the building caught fire after being struck by lightning.

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  7. Given that hash is intended to be smoked, burning some doesn't seem to be a huge concern. However, hash is typically consumed for personal use at controllable dosages rather than in large quantities in an effort to elude police authorities.


    Off the coast of Malta, traffickers were transporting 30 tons of hash in 2013. Most people call hash, a sticky substance, resin. It is created by pressing it out of specific marijuana plant glands, and is then often shaped into blocks. The street value of thirty tons of it would have been close to $400 million.


    When the ship's crew realized Italian authorities were headed their way to meet them, they were 30 miles offshore. The team decided to burn their supplies because they were at a loss for a less spectacular escape strategy.

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  8. Right up until it isn't, keeping merchandise in a warehouse always sounds like a good idea. The manufacturers of the renowned bourbon, Jim Beam, undoubtedly had no idea that their Kentucky storage facility would catch fire in 2019. Even if they had prepared for it, it's unlikely that anyone anticipated that it would lead to the loss of 45,000 barrels of booze.


    The company's aging facilities is where the fire erupted late at night. You probably already know that alcohol and fire don't mix well, so when the resulting fire erupted, the firefighters were practically powerless to contain it. The firetrucks parked nearby had lights that had melted due to the extreme heat. The majority of the nine million liters of lost bourbon was destroyed, although a sizable amount also leaked into the Kentucky River. There were estimated losses of almost $100 million.

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  9. The majority of Fox Studios' collection of silent films was destroyed by fire in 1937. In the past, films were made using cellulose that had been treated with potassium nitrate and sulfuric acid, or "nitrate film." Although it produced very high-quality film, it was extremely volatile and had a propensity to catch fire when it got too warm. Nitrate film also has the drawbacks of burning hot and being extremely difficult to extinguish. It was going to keep burning if it got going. You can continue burning it even while submerged because it produces its own oxygen while burning.


    The majority of Fox Studios' vintage movies were kept in an improperly ventilated archive. The majority of Fox Studios' vintage movies were preserved in an improperly ventilated archive. Nearly all of the silent films they had made between 1932 and that point were destroyed once they caught fire. In addition to the fire's destruction of hundreds of thousands of feet of film, it also resulted in one fatality and several injuries. At the time, they estimated the loss to be worth about $200,000. That works up to nearly $3.8 million in today's dollars, not to add the historical significance of numerous films that were never again watched.

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  10. The majority of us who are not involved in the art field certainly know the names of several historical greats, including Picasso, Michelangelo, and Monet. The awareness of well-known artists, however, tends to diminish a little as we approach closer to the present. In fact, it's likely that the majority of people will only be able to name a few at most. You may argue that none of the contemporary painters is more well-known than Banksy.


    Nobody is absolutely certain of Banksy's identity today. Naturally, there are many rumors, but nothing is confirmed. He has been active since the 1990s and has unquestionably established a reputation for his street art. In 2021, a Banksy original that had been purposefully torn up sold for almost $25 million.

    Burned art is less appealing, but shredded art at least can be put back together. Another Banksy was burned in March 2021. The artwork had originally been sold for the comparatively low cost of $95,000. Then, it was purposefully burnt by the buyers in front of the camera. The painting was then sold as an NFT for $380,000 in a digital form. So, was the painting's value $95,000 or $380,000? Given that the NFT is all that's left, it probably doesn't matter anymore.

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