RE: [ALCTS-acqnet] Placing value on holdings

From: JOHN-RILEY JOHN-RILEY <acqnet_at_lists.ala.org>
Date: Mon, 1 Jul 2019 14:20:10 -0400 (EDT)
To: acqnet_at_lists.ala.org, Beata Panagopoulos <bpanagopoulos_at_suffolk.edu>

> On July 1, 2019 at 1:46 PM JOHN-RILEY JOHN-RILEY <jdriley_at_comcast.net> wrote:
> 
> 
>     The LOC worksheets are based on Gobi current book prices and would not apply to older books in your collection. To get a better idea of the value of books in your collection you might try consulting Bookfinder.com which lists the current market rate for books. I have always advised librarians to take a good hard look at the older books in their collections and get a good idea of their value and consider moving them to archive or more protected spaces. You might alternatively be surprised by the lack of market value for those books, given the internet marketplace valuation of used books.
> 
> 
>     SUNY  Geneseo's Milne Library developed a tool for searching books across multiple platforms to find the best price for replacing books and for a comparison shopping for inter-library loan purposes. Their software  would be a valuable tool for getting current market prices for both new and old books.
> 
> 
>     The preceding methods may be too labor intensive for your library staff and you might consider a sampling tool that statistically represents your collection. 
> 
> 
>     John Riley
> 

author and bookstore owner

retired library book vendor

> 
>     jdriley_at_comcast.net
> 


> 
>     Northampton, Massachusetts
> 




> 
>         > > On July 1, 2019 at 11:43 AM Beata Panagopoulos <bpanagopoulos_at_suffolk.edu> wrote:
> > 
> >         Hi Amy,
> > 
> >         We have to compile a similar report.  We follow the guidance of the Library of Congress: https://www.loc.gov/preservation/emergprep/insurancevaluation.html
> > 
> >          
> > 
> >         Beata
> > 
> >          
> > 
> >         Beata Panagopoulos
> > 
> >         Assistant Director,
> > 
> >         Technical Services
> > 
> >         Sawyer Library
> > 
> >         Suffolk University
> > 
> >         73 Tremont Street
> > 
> >         Boston, MA 02108
> > 
> >         Tel. 617-573-8541
> > 
> >         Email: bpanagopoulos_at_suffolk.edu
> > 
> >          
> > 
> >         From: acqnet-request_at_lists.ala.org [mailto:acqnet-request_at_lists.ala.org] On Behalf Of "Pifer, Amie S."
> >         Sent: Monday, July 01, 2019 9:57 AM
> >         To: acqnet_at_lists.ala.org
> >         Subject: [ALCTS-acqnet] Placing value on holdings
> > 
> >          
> > 
> >         Hello,
> > 
> >          
> > 
> >         I have a question about placing a value on library collections.
> > 
> >          
> > 
> >         I have to report the total number of items by format and their by piece value to the Risk Management Dept. annually.  Do others do this as well?  If so, how do you determine the value? 
> > 
> >          
> > 
> >         TIA
> > 
> >          
> > 
> >          
> > 
> >         [logo]
> > 
> >         Amie S. Pifer, MLIS
> > 
> >         Director, Acquisitions and Metadata Services
> > 
> >         CMU Libraries
> > 
> >         Central Michigan University
> > 
> >         Park Library 310 | 989-774-3031
> > 
> >         Connect…Collaborate…Succeed!
> >         CMU Libraries http://library.cmich.edu/ - central to learning and research
> > 
> >          
> > 
> >          
> > 
> >     > 
> 
>      
> 


 
Received on Mon Jul 01 2019 - 18:43:19 EDT