Re: Help with serials valuation John Lucas 15 Apr 2004 13:55 UTC
Stefanie: In response to your question about adding a percent increase each year to the previous year evaluation, why not add the amount of your journal / database purchase orders ( that you create or come out of the budget for you stuff) that you created that fiscal year? But do not forget that if you have titles that you discard each year or after X number of years, go back, find the amount you paid for that year, create an excell spread sheet and fill in the prices. Then next year, you will have that list, of titles and fill in the prices again and again, and again until sometime after the end of time ! John Lucas Serials Librarian University of Mississippi Medical Center 2500 North State St Jackson, MS 39216-4505 (PH) (601) 984-1277 (FAX) ( 601) 984-1262 JLUCAS@ROWLAND.UMSMED.EDU >>> DUBOSES@MAIL.ECU.EDU 04/14/04 01:18PM >>> Hi Elaine, Talk about a reason to not want to take vacation...we've not done that at ECU since I've been here, but I would recommend taking the average price of a journal from the disciplines and multiply by the number of titles you hold in that subject. Or perhaps you could take an average of prices in your library for each area and multiply by the total number of titles. I have my own question to you, and it's off the topic of serials (my apologies): I have to turn in our insurance value on our collection, and apparently we've always added just a percent increase each year. It seems that there should be a better way to do this, but I haven't had the time to really look into it. I'll most likely also post this question to the CDL listserv. Good luck! Stefanie Stefanie DuBose Head, Acquisitions Joyner Library East Carolina University Greenville, NC 27258-4353 (p)252-328-2598 (f)252-328-4834 duboses@mail.ecu.edu -----Original Message----- From: Elaine Donnelly [mailto:edonnell@NGS.ORG] Sent: Wednesday, April 14, 2004 11:55 AM To: SERIALST@LIST.UVM.EDU Subject: [SERIALST] Help with serials valuation Dear Serialst-ers, Today I returned to work after a couple of days off, and found that I have been assigned to determine the replacement cost of our periodicals collection by this Friday! Has anyone done this for their collection recently? Is there a handy figure similar to the "standard replacement cost of a book" that my colleague used to determine the replacement value for our regular collection of books? Obviously, this is a "quick and dirty" valuation, unlike the valuation of our rare books collection, which took several years to complete. Any advice would be gratefully appreciated! Thanks, Elaine Donnelly, Librarian/Technical Services National Geographic Society, Libraries & Information Services 1145 17th Street NW, Washington DC 20036-4688 202-857-7794 voice ; 202-429-5731 fax edonnell@ngs.org