. >> solman: like musician 82- year-old jack nowinski, whose home housed his rare instrument collection. >> we didn't expect it was really going to happen, and all of a sudden, we see some water in the street. by the time 20 minutes rolled around, it not only filled up the basement, but it went approximately 14 inches above this floor, really very quickly. so we went upstairs to the first... the first thought was to try to save things, but you couldn't save anything. and my attitude was. life is more important than things; therefore let's save ourselves. so we went upstairs. >> solman: a lifelong new york music performance teacher, trombonist, and instrument dealer, nowinski's retirement savings were in his inventory. >> i decided i should invest only in things that i know something about. i started investing in some really great instruments. >> solman: so this is your children's patrimony? >> correct, correct. >> solman: and what are the total losses, do you figure so far? >> somewhere between $750,000 and a million. >> solman: none of it insured-- too costly to do the requisite catalo

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