In a message dated 6/14/03 3:58:47 AM Eastern Daylight Time, [EMAIL PROTECTED] writes:
<< As a UK author, I have no say about what price is charged for my books by my publisher either in the UK or overseas or where they're sold. All I know about what has been sold is my half-yearly royalties statement which shows how many books have been sold in the UK, the total exported >> ----------- Dear Jean, There must be a misunderstanding in the translation between American English and English English. What I wrote had nothing to do with individual authors in various countries whose books are published and sold by major publishers. The royalties you receive "in your country" is very probably based on your currency and your contract. However, any authors who self-publish in the U.K. or Europe and sell directly to Americans at the same prices as last year will realize a loss when the $ is converted to Pounds or Euros. If an item is charged to a credit card, you may not realize it in your country, but when the charge is converted to American $ on the credit card statement, the amount charged to Americans will be higher.. Just last week, my local bookshop owner told me the prices she must pass along to me from her suppliers overseas will be rising because of the lower U.S. $'s value. On Thursday, one of our major suppliers of lace books and I had an extended conversation about the prices she must pay this year for books, vs. last year. The ladies who go to her booth at the IOLI convention in August will see higher prices on books from the U.K. and from Europe, because the dollar has fallen so much in value vs. the English pound and the Euro. It is what Americans will have to pay that will surprise them this year when they look at prices in American catalogues offering books and supplies from other countries. Many Americans on Arachne have not traveled outside the U.S., and they do not know that currency rates fluctuate from day-to-day and country-to-country. I was trying to explain this to them, and am sorry it seemed to you to be related to your contract with your publisher, Jean. Kind regards, Jeri Ames in Maine USA Lace and Embroidery Resource Center - To unsubscribe send email to [EMAIL PROTECTED] containing the line: unsubscribe lace [EMAIL PROTECTED]
