best field for recording appraised value


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I would be interested in the opinions/experiences of anyone who has used an existing field, or set up a new field, to record the appraised or estimated value of a volume separately from its purchase price.

We have been using order records for new stuff since we brought up our acquisitions module in 2004, but I don't think retroactive order records for the 70,000+ volumes acquired between 1866 and 2003 is the answer.

We'd still like to know what we paid for a volume. But as a historical society founded in 1866, the purchase price seldom bears much relation to current price. Our administration has expressed interest in a more systematized way of recording the value of the collection. And it seems that there ought to be a neat way to do this in Millennium.

Recommendations, pitfalls...?

Emily Jaycox
Missouri Historical Society
P.O. Box 11940
St. Louis, MO 63112-0040
emily at mohistory dot org
314/746-4508