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Re: Help with serials valuation John Lucas 15 Apr 2004 13:55 UTC


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

>>> 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
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
in that subject.  Or perhaps you could take an average of prices in
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,
apparently we've always added just a percent increase each year.  It
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

Good luck!


Stefanie DuBose
Head, Acquisitions
Joyner Library
East Carolina University
Greenville, NC 27258-4353

-----Original Message-----
From: Elaine Donnelly [mailto:edonnell@NGS.ORG]
Sent: Wednesday, April 14, 2004 11:55 AM
Subject: [SERIALST] Help with serials valuation

Dear Serialst-ers,

Today I returned to work after a couple of days off, and found that I
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
cost of a book" that my colleague used to determine the replacement
for our regular collection of books?

Obviously, this is a "quick and dirty" valuation, unlike the valuation
our rare books collection, which took several years to complete.  Any
advice would be gratefully appreciated!

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