Our university Risk Management office is asking us to provide a value
amount for unique archival recordings in our collections (several thousands
of them) for insurance purposes. They have suggested we think about how
much it would cost to replace these items if they were lost or damaged.
Because they are mostly unique/ unpublished material these are
irreplaceable. Another suggestion was to apply a set dollar amount per item
for everything in the collection. Does anyone have experience or
suggestions on assigning monetary value to archival media collections?
Bentley Historical Library
1150 Beal Avenue
Ann Arbor, Michigan 48109-2113