It is currently Tue Apr 25, 2017 5:27 am

All times are UTC - 8 hours [ DST ]




Post new topic Reply to topic  [ 11 posts ] 
Author Message
Offline
 Post subject: Estimating value of donated Go books
Post #1 Posted: Fri Jan 27, 2017 10:38 pm 
Dies in gote
User avatar

Posts: 20
Liked others: 9
Was liked: 11
Rank: AGA 9 kyu
The Seattle Go Center has recently received several large donations of used Go books. This is good. We will put most of them in our lending library, while adding the rare ones to our reference library. Books that are common, but in very good condition, may be kept for prizes.

We need to provide an estimate of the value of the books to our generous donors, since donations to our 501(c)(3) nonprofit are tax deductible. We also report the donations as part of our "public support" on our annual Form 990 for the IRS.

My questions is: how should we value used Go books that are still available new from distributors such as Kiseido, Yutopian, and Slate and Shell? What percentage of the retail prices would you readers suggest?

Top
 Profile  
 
Offline
 Post subject: Re: Estimating value of donated Go books
Post #2 Posted: Fri Jan 27, 2017 10:56 pm 
Lives with ko
User avatar

Posts: 200
Location: New York
Liked others: 89
Was liked: 52
Rank: AGA 1 dan
GD Posts: 54
You could take a sample of 10 or more books on Amazon.com and compare the retail price to the mode with regard to available used book prices. Applying that averaged ratio to the retail price of each go book would give you a number and a methodology to back it up.

Curious to see how others would do this, especially since I am not in the book business :study:

_________________
Ko is the best solution.
With Ko, I can keep eating and drinking until I am full.

Visit >>>Koosh's Study Journal<<<

Top
 Profile  
 
Offline
 Post subject: Re: Estimating value of donated Go books
Post #3 Posted: Fri Jan 27, 2017 11:33 pm 
Dies in gote
User avatar

Posts: 20
Liked others: 9
Was liked: 11
Rank: AGA 9 kyu
In the past, we have seen some very strange pricing from Amazon partners. They will sometimes list a used Go book as being far more expensive than a new one would cost from Kiseido, etc. That's why I'm asking you guys!

Top
 Profile  
 
Offline
 Post subject: Re: Estimating value of donated Go books
Post #4 Posted: Sat Jan 28, 2017 10:53 am 
Gosei
User avatar

Posts: 1701
Liked others: 661
Was liked: 280
Rank: 1 kyu
KGS: greendemon
Tygem: greendemon
DGS: smaragdaemon
If the books are in good condition, I see no problem just using the list price. I don't think you need to discount the book value for being used.
I am not an accountant however.

Top
 Profile  
 
Offline
 Post subject: Re: Estimating value of donated Go books
Post #5 Posted: Sat Jan 28, 2017 12:13 pm 
Lives with ko
User avatar

Posts: 221
Location: UK
Liked others: 44
Was liked: 46
Rank: KGS 6k
KGS: Weatherwax
Online playing schedule: 4 or 5 times a week, 21:00 BST
Here's what you do: number one, don't use prices on Amazon, or Barnes & Noble, or Waterstones, or any "general book shop". Their prices are complete nonesense.

Number two, if the book is used, don't use prices on alibris, or abebooks, or any "used book shop". Their pricing is also nonesense.

I have around 45 Go books, some I bought used, some I bought new, some I bought from the UK, some I bought from the US or Japan, some are in English and some are in Japanese.

If the book is out of print, I suggest putting the title in this thread and everyone can come to an agreement over value. If it is in print, I would suggest valuing it at 60% - 90% of the list price stated on the respective publishers' websites, depending on condition. Or you could use a large Go bookshop as the reference price, e.g. Goshop Keima, Pentangle Puzzles, or Schachversand, or some other recognised and trusted seller.

The most valuable book I have in English is probably Appreciating Famous Games which I would value at about $50 for a mint copy. The harder books to value would be the Japanese books. E.g. I have the old copies of Segoe's Tesuji from Seibundo Shinkosha publishers in the late 1970's. If I had to put a "finger in the air" estimate, I'd say probably $25 each.

_________________
12k: 2015.08.11; 11k: 2015.09.13; 10k: 2015.09.27; 9k: 2015.10.10; 8k: 2015.11.08; 7k: 2016.07.10 6k: 2016.07.24


This post by Jujube was liked by: Tanana
Top
 Profile  
 
Offline
 Post subject: Re: Estimating value of donated Go books
Post #6 Posted: Sat Jan 28, 2017 12:47 pm 
Oza

Posts: 2180
Location: ʍoquıɐɹ ǝɥʇ ɹǝʌo 'ǝɹǝɥʍǝɯos
Liked others: 236
Was liked: 658
Rank: AGA 5d
GD Posts: 4312
Online playing schedule: Every tenth February 29th from 20:00-20:01 (if time permits)
You would be surprised at how much out of print books sell for. About 8 years ago I sold almost all my go books - over 200 of them. Some of the more popular out of print books sold for over $100. Somewhere there is a thread where I published prices I got but I suspect it was on the now-defunct GoDiscussions.

_________________
Still officially AGA 5d but I play so irregularly these days that I am probably only 3d or 4d over the board (but hopefully still 5d in terms of knowledge, theory and the ability to contribute).


This post by DrStraw was liked by: Tanana
Top
 Profile  
 
Offline
 Post subject: Re: Estimating value of donated Go books
Post #7 Posted: Sat Jan 28, 2017 2:18 pm 
Oza

Posts: 3956
Location: North Carolina
Liked others: 390
Was liked: 649
Rank: AGA 3k
GD Posts: 65
OGS: Hyperpape 4k
If only we had someone on the boards who ran a bookstore...

_________________
Occupy Babel!


This post by hyperpape was liked by: daal
Top
 Profile  
 
Offline
 Post subject: Re: Estimating value of donated Go books
Post #8 Posted: Sun Jan 29, 2017 9:15 am 
Lives in sente

Posts: 1169
Liked others: 222
Was liked: 312
Rank: 5d
GD Posts: 1000
For books in Japanese you can get a "new" price for in-print books from Amazon.co.jp For out-of-print go books one place to look is at Akashiya Shoten (http://www.akasiya-shoten.com/) They have an inventory list with prices.


This post by gowan was liked by: Tanana
Top
 Profile  
 
Offline
 Post subject: Re: Estimating value of donated Go books
Post #9 Posted: Wed Feb 01, 2017 11:38 am 
Dies in gote
User avatar

Posts: 20
Liked others: 9
Was liked: 11
Rank: AGA 9 kyu
Thanks for your advice, guys. In general, I am now thinking of assigning values for common books in good condition closer to their list price than I was before. I may come back later for help with the uncommon books.
Regards, Brian Allen

Top
 Profile  
 
Offline
 Post subject: Re: Estimating value of donated Go books
Post #10 Posted: Wed Feb 01, 2017 12:00 pm 
Oza

Posts: 3956
Location: North Carolina
Liked others: 390
Was liked: 649
Rank: AGA 3k
GD Posts: 65
OGS: Hyperpape 4k
Forgive me if this is too obvious, but have you read the IRS guidelines on the value of donated books? They're available online, and seem simultaneously easy to read and quite vague. But they do state the limits at which you need to involve a professional appraiser.

_________________
Occupy Babel!

Top
 Profile  
 
Offline
 Post subject: Re: Estimating value of donated Go books
Post #11 Posted: Wed Feb 01, 2017 10:03 pm 
Dies in gote
User avatar

Posts: 20
Liked others: 9
Was liked: 11
Rank: AGA 9 kyu
hyperpape wrote:
Forgive me if this is too obvious, but have you read the IRS guidelines on the value of donated books?


Good point! I reread them. A while back we had to value a goban, and I was very grateful that the value was well under $5000, so we did not need a professional appraisal to determine its value.

Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 11 posts ] 

All times are UTC - 8 hours [ DST ]


Who is online

Users browsing this forum: No registered users and 1 guest


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group