I’m familiar with various book price indexes – here’s an example of one from baker and taylor. http://www.ybp.com/title_reports.html
However, you have to factor in several things:
1) the Baker and Taylor one shown is primarily for scholarly/academic level
books and NOT childrens or fiction or even reference collections.
2) it is an index of *current* average costs by subject area – not what you
paid for something 5-10 years ago. It might be good for calculation
replacement costs, but not actual value.
3) No book price indexes that I have seen take into account depreciation over
time. Insurance people will assume some level of deprecation.
I’m aware of some libraries (public libraries) that take an average of all
items purchased in a given year, calculate an average, try and weight it by
type, and then apply that calculation backwards.
Your mileage may vary.
Ted
From: Goldman, Deborah Rood
Sent: Thursday, August 22, 2013 2:10 PM
To: hasafran@lists.service.ohio-state.edu
Subject: [ha-Safran] estimating value of a library for insurance
We received an inquiry from a congregation that, for insurance purposes, is
looking to estimate the value of their library—without cataloging every book
and looking up their value.
Does anyone have any suggestions?
Deborah Rood Goldman
Librarian
Marketing and Communications
Union for Reform Judaism
212-650-4009
URJ Biennial: Meet. Pray. Learn.
San Diego, CA • December 11-15, 2013
Register now for the largest Jewish gathering in North America!
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