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I have just gone through this appraisal process.  I have a 40 year old archive of sound recordings that I did for my first documentary film project in the Appalachian Mountains with Bascom Lamar Lunsford back in 1964.  I want to sell my archive to an individual who donates to the Library of Congress, who wanted desperately to have.
 
I had to find sound experts who is evaluated the archive from three perspectives. 
number one -- what is its intrinsic value of it?
Number two--  What money could it make if copied for music CDs and DVDs?
Number three -- Are there other ancillary values that can be added?
 
I went to an expert in the music industry connected to Butterfield and the appraisal costs be $2000.  It was well worth it.
 
If there is any more help that I can be, just e-mail me.
 
Best Regards,
David Hoffman
www.thehoffmancollection.com