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Clammer is right on about depreciation in fishing equipment - it happened to me somewhere in 1995 down on a fishing trip to Miami/Biscayne Bay/Everglades. Fishing was awesome but I had close to $2,000 worth of fly rods and custom plug rods stolen -- Sage RPLX, T&T Horizon, Redingtons -- heartbroken. The argument was that they depreciated in value ... but the replacement costs were actually more ... so watch it.
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