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<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">Folks<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">If we must put a value on specimens in a collection (and I firmly believe it is a waste of curators’ energy and merely feeds the enthusiasm of bean counters)
beware of matching this value against the costs of long term care of those specimens. For example if you set a standard specimen value at $50 (rising rapidly for T. rex skeletons of course) and you spend $5 a year just keeping that specimen safe and accessible,
then it has depreciated to zero in 10 years and in year 11 you should really throw it away!<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">Rather than be led by actuaries, try reading:<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">Nudds, J. R. and Pettitt, C. W. (eds)
<i>Value and valuation of natural science collections.</i> Geological Society, London<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">Now online at:<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><a href="http://books.google.ie/books?id=GPA1nDUqSX4C&pg=PA280&lpg=PA280&dq=nudds+pettit+value+and+valuation&source=bl&ots=y32w33YpV8&sig=QhZQ5wXX9gOlTFikSyCjdDgX7HI&hl=en&sa=X&ei=tVrXU8OsB-rT7Ab_74DwAg&ved=0CCYQ6AEwAQ#v=onepage&q=nudds%20pettit%20value%20and%20valuation&f=false">http://books.google.ie/books?id=GPA1nDUqSX4C&pg=PA280&lpg=PA280&dq=nudds+pettit+value+and+valuation&source=bl&ots=y32w33YpV8&sig=QhZQ5wXX9gOlTFikSyCjdDgX7HI&hl=en&sa=X&ei=tVrXU8OsB-rT7Ab_74DwAg&ved=0CCYQ6AEwAQ#v=onepage&q=nudds%20pettit%20value%20and%20valuation&f=false</a><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">Nigel<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:black">Mr Nigel T. Monaghan,<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:black">Keeper,<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:black">Natural History Division,<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:black">National Museum of Ireland,<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:black">Merrion Street,<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:black">Dublin 2,<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:black">IRELAND<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:black"> <o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:black">+353-1-6486354 (phone)<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:black">+353-1-6486380 (fax)<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:black"><a href="mailto:nmonaghan@museum.ie"><span style="color:black">nmonaghan@museum.ie</span></a><o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:black"><a href="blocked::outbind://24/www.museum.ie"><span style="color:black">www.museum.ie</span></a><o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:black"> <o:p></o:p></span></p>
<p class="MsoNormal"><b><span lang="EN-GB" style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:black">Group Bookings should be addressed to
<a href="mailto:bookings@museum.ie"><span style="color:black">bookings@museum.ie</span></a><o:p></o:p></span></b></p>
<p class="MsoNormal"><b><span lang="EN-GB" style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:black">Research visitors must make appointments in advance of any proposed visit.<o:p></o:p></span></b></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:black"> <o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:black">Visit: See our profile and download the App at
<a href="http://www.dublinculturetrail.ie/Venue.aspx?id=120bc173-a5de-4b8d-ab1d-7568d9a34b11">
<span style="color:black">www.dublinculturetrail.ie</span></a><o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:black">Watch: We are one of the Dublin stories on
<a href="http://www.storymap.ie/"><span style="color:black">www.storymap.ie</span></a> also at
<a href="http://www.youtube.com/watch?v=VunX2u_mQWw"><span style="color:black">http://www.youtube.com/watch?v=VunX2u_mQWw</span></a>
<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:black">Read: Guide to the National Museum of Ireland - Natural History, €5.95 from Museum Shops<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:black">Follow: Spoticus, our Rothschild's giraffe who speaks his own mind on Twitter
<a href="http://twitter.com/SpotticusNH"><span style="color:black">http://twitter.com/SpotticusNH</span></a><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:black">Poetry 1: Dead Zoo – the poem that won a prize at
<a href="http://www.poetryireland.ie/publications/ted-mcnulty-prize.html"><span style="color:black">http://www.poetryireland.ie/publications/ted-mcnulty-prize.html</span></a><o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:black">Poetry 2: Dead Zoo – a whole book of poetry
<a href="http://www.gallerypress.com/shop/#!/~/product/id=28033815"><span style="color:black">http://www.gallerypress.com/shop/#!/~/product/id=28033815</span></a><o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:black">Member: Merrion Square Network
<a href="http://www.merrionsquare.ie/"><span style="color:black">www.merrionsquare.ie</span></a><o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:black">Tour: Behind the scenes with Keeper of the Dead
</span><span style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:black"><a href="http://www.alonzeproductions.com/other-projects.html"><span style="color:black">http://www.alonzeproductions.com/other-projects.html</span></a><o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:black"><o:p> </o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:black">Winners: Best Access and Outreach Initiative - Museum of the Year Awards 2004<o:p></o:p></span></p>
<p class="MsoNormal"><span lang="EN-GB" style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:black">Winners: UCD President's Grants for Teaching 2004 and 2005</span><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><b><span lang="EN-US" style="font-size:10.0pt;font-family:"Tahoma","sans-serif"">From:</span></b><span lang="EN-US" style="font-size:10.0pt;font-family:"Tahoma","sans-serif""> nhcoll-l-bounces@mailman.yale.edu [mailto:nhcoll-l-bounces@mailman.yale.edu]
<b>On Behalf Of </b>Peter Rauch<br>
<b>Sent:</b> 29 July 2014 03:23<br>
<b>To:</b> nhcoll-l@mailman.yale.edu<br>
<b>Subject:</b> Re: [Nhcoll-l] Collections insurance values<o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal" style="margin-bottom:12.0pt">David comments, "...<span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">but the authorities, and probably even insurance companies, have a different view and do not understand the
scientific value."</span><o:p></o:p></p>
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<p class="MsoNormal" style="margin-bottom:12.0pt"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">Among the myriad issues (e.g., the IRS, the insurance valuations, the "replacement" valuations, etc), there is the "they don't
understand" issue and it is this one which "We" must repeatedly assess, engage, and fight to have be understood (regardless of whether the outcome of those excercises does not change the valuation, the valuation protocols and criteria).</span><o:p></o:p></p>
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<p class="MsoNormal" style="margin-bottom:12.0pt"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">The "market place" that does not factor into accounts the environmental costs of "doing business" is the one that got our Earth
into the dire dilemma we live now. THAT is where our sampling of the world's biota finds its most valuable representation to Humanity.</span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">"From an insurance standpoint", or from a humanity-in-the-balance standpoint ? Where do WE look to find the value of a biological collection (lost) ?<br>
<br>
WE should set the standard, and others can choose to fail to meet it and/or to ignore it.<br>
<br>
Peter</span><o:p></o:p></p>
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<p class="MsoNormal" style="margin-bottom:12.0pt"><o:p> </o:p></p>
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<p class="MsoNormal">On Mon, Jul 28, 2014 at 2:04 PM, Furth, David <<a href="mailto:FURTHD@si.edu" target="_blank">FURTHD@si.edu</a>> wrote:<o:p></o:p></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US" style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">This issue arises every few years and there is no easy answer or solution.
</span><span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US" style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"> </span><span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US" style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">Like many institutions we do not assign values to our collections, for many reasons.
We are essentially “self-insured”, i.e. if something is damaged we do not try to recuperate funds. We do sometimes insure collections being transported and we just try to use a very approximate, but educated value (see below).</span><span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US" style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"> </span><span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US" style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">Although a slightly different issue, as far as the IRS is concerned, the value of specimens
must be based on a “fair market value”, i. e, a similar amount of money exchanged for similar objects. Such values can be onerous to obtain (e. g., from commercial dealer or auction catalogs, etc.) and often cannot be truly done accurately. And, of course,
it is illegal for recipient institutions to provide values to donors or potential donors. Believe me I understand and sympathize with the issue of irreplaceability of natural history objects (usually very different from art, etc.), but the authorities, and
probably even insurance companies, have a different view and do not understand the scientific value.</span><span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US" style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"> </span><span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US" style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">This probably does not provide a clear answer, because it is not an easy or clear cut
issue!</span><span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US" style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"> </span><span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US" style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D">******************************************************</span><span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US" style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D">David G. Furth, Ph.D.</span><span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US" style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D">Department of Entomology</span><span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US" style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D">MRC 165, P.O. Box 37012</span><span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US" style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D">National Museum of Natural History</span><span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US" style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D">Smithsonian Institution</span><span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US" style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D">Washington, D. C. 20013-7012 USA</span><span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US" style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D">Phone: 202-633-0990</span><span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US" style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D">Fax: 202-786-2894</span><span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US" style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D">Email:
<a href="mailto:furthd@si.edu" target="_blank">furthd@si.edu</a></span><span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US" style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D">Website:
<a href="http://www.entomology.si.edu" target="_blank">www.entomology.si.edu</a> </span>
<span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US" style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"> </span><span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><b><span lang="EN-US" style="font-size:10.0pt;font-family:"Tahoma","sans-serif"">From:</span></b><span lang="EN-US" style="font-size:10.0pt;font-family:"Tahoma","sans-serif"">
<a href="mailto:nhcoll-l-bounces@mailman.yale.edu" target="_blank">nhcoll-l-bounces@mailman.yale.edu</a> [mailto:<a href="mailto:nhcoll-l-bounces@mailman.yale.edu" target="_blank">nhcoll-l-bounces@mailman.yale.edu</a>]
<b>On Behalf Of </b>Anita Cholewa<br>
<b>Sent:</b> Monday, July 28, 2014 4:01 PM<br>
<b>To:</b> Peter Rauch<br>
<b>Cc:</b> <a href="mailto:nhcoll-l@mailman.yale.edu" target="_blank">nhcoll-l@mailman.yale.edu</a><br>
<b>Subject:</b> Re: [Nhcoll-l] Collections insurance values</span><span lang="EN-US"><o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US"> <o:p></o:p></span></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US">Of course museum specimens, by their very nature, are irreplaceable so a valuation should be infinite.<o:p></o:p></span></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;margin-bottom:12.0pt"><span lang="EN-US">However, from an insurance standpoint (and let's be honest, there has to be some minimum value put on these things) you might want to check with an institution such
as the Smithsonian or the Field Museum as to how a valuation can be assessed.<o:p></o:p></span></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US">Anita<o:p></o:p></span></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;margin-bottom:12.0pt"><span lang="EN-US"> <o:p></o:p></span></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US">On Mon, Jul 28, 2014 at 2:24 PM, Peter Rauch <<a href="mailto:peterar@berkeley.edu" target="_blank">peterar@berkeley.edu</a>> wrote:<o:p></o:p></span></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;margin-bottom:12.0pt"><span lang="EN-US">It would seem that a "scientific" specimen's value today would depend greatly not only on the cost of a field collecting trip, but also on the very potential of being
able to collect "equivalent" (whatever that means) genetic samples, which may be not only time period dependent (specimens sampled from populations of 50/100/200 years ago), but also locality dependent (locality/habitat conditions that no longer exists).<o:p></o:p></span></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;margin-bottom:12.0pt"><span lang="EN-US">Such variational representation that those specimens lost from our scientific collections has become so much more meaningful (detectable, analyzable, interpretable,
valuable) with today's scientific knowledge and understanding. One can not simply buy more of the same specimens with the price of a field trip.<o:p></o:p></span></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;margin-bottom:12.0pt"><span lang="EN-US">How would those lost or significantly altered situations affect the replacement (if that is what it is to be called) valuation of lost specimens ?<o:p></o:p></span></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US" style="color:#888888">Peter</span><span lang="EN-US"><o:p></o:p></span></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US"> <o:p></o:p></span></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;margin-bottom:12.0pt"><span lang="EN-US"> <o:p></o:p></span></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US">On Sun, Jul 27, 2014 at 7:36 PM, Brown, Matthew A <<a href="mailto:matthewbrown@utexas.edu" target="_blank">matthewbrown@utexas.edu</a>> wrote:<o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US">Dear list,<br>
<br>
We've recently been in discussions with the University's Risk Assessment office about their annual (?) policy update. I know that when they visited last about five years ago, we gave them a ballpark of $1-1.5k cost of replacement per specimen for our paleontological
collections. In this recent conversation, they sent a section from the Fine Arts policy stating more or less that loss of "archeological" objects will only be paid out at fair market value, not cost of replacement from the field. I've let them know that as
scientific collections, they don't have commercial value, and that the only way we could rebuild a similar collection is through field work. Risk Management is checking with the insurance company for clarification, and I'm asking for input from the community
to find out how other institutions handle this issue. We've been round on this with customs declaration values before, but I can't think of a resource for this particular issue.<br>
<br>
Any advice would be appreciated.<br>
<br>
With thanks,<br>
<br>
<br>
Matthew A. Brown, M.Sc.<br>
Head of Collections, Vertebrate Paleontology Laboratory<br>
Lecturer, Department of Geological Sciences<br>
Jackson School of Geosciences<br>
The University of Texas at Austin<br>
R7600, Austin, TX 78758<br>
Office:<a href="tel:%28512%29232-5515" target="_blank">(512)232-5515</a><br>
<a href="mailto:matthewbrown@utexas.edu" target="_blank">matthewbrown@utexas.edu</a><br>
<a href="http://jsg.utexas.edu/vpl" target="_blank">jsg.utexas.edu/vpl</a><br>
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NHCOLL-L is brought to you by the Society for the Preservation of<br>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US"> <o:p></o:p></span></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;margin-bottom:12.0pt"><span lang="EN-US"><br>
_______________________________________________<br>
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<br>
_______________________________________________<br>
NHCOLL-L is brought to you by the Society for the Preservation of<br>
Natural History Collections (SPNHC), an international society whose<br>
mission is to improve the preservation, conservation and management of<br>
natural history collections to ensure their continuing value to<br>
society. See <a href="http://www.spnhc.org" target="_blank">http://www.spnhc.org</a> for membership information.<o:p></o:p></span></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US"><br>
<br clear="all">
<br>
-- <o:p></o:p></span></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span lang="EN-US">__________<br>
Anita F. Cholewa, Ph.D.<br>
Curator of the UM Herbarium (MIN)<br>
and Acting Curator of Lichens <br>
J.F. Bell Museum of Natural History<br>
University of Minnesota<br>
1445 Gortner Ave<br>
ST PAUL MN 55108-1095<br>
<br>
campus mail code: 6022<o:p></o:p></span></p>
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<p class="MsoNormal"><o:p> </o:p></p>
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