Specialist home and contents insurer Hiscox has commissioned research which has revealed that 57% of people are unaware of the value of their vintage valuables.

In addition to fine wine, vintage goods of possibly high worth include books, musical memorabilia and furniture.

Andrew Cheney, senior risk and valuation advisor at Hiscox, explained that the vintage label now afforded influence similar to the antique tag.

The value added by being vintage is often dependent upon proof of an objects special or unique status, such as a photograph proving a guitar had been played by the Eagles, as Cheney recalled.

Hiscox advises those with vintage valuables to keep a detailed written journal of their goods, and to keep written proof of an objects provenance, acquired at purchase, safe.

In addition, brokers or insurers should be notified when a valuable object is acquired, a specialist should be employed to clean the item in question and, if possible, it ought to be kept in a safe.

On a related note, earlier this year Hiscox urged homeowners to take account of the rising price of precious metals and to have their jewellery re-valued if it had not been in the last few years to avoid the risk of under-insurance.

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