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What does this mean: " A California Gold Rush History by QDB cost $200,000 to produce"?

I was reading through a particular document, and it stated the following, "A California Gold Rush History, featuring the treasure of the SS Central America ... [is] sponsored by Dwight Manley and his California Gold Marketing Group, ... [and] the 1,000+ page book was produced at an expense involving over $200,000 in research and preparation."

Does anyone know how that $200,000 figure was derived? I assume that the figure is not just the physical costs involved in preparing the book and research, such as just travel expenses, etc. I assume that the author's time was somehow valued in determining that figure. I am not sure how long it takes to write a 1,000 page book, but assuming that it takes 1,000 hours (a little over 6 months using a 40 hour work week), that only comes to $200 per hour for the author's time, if no other expenses were included in the $200,000 figure. That seems pretty low. Does anyone know where this $200,000 figure came from?
Always took candy from strangers
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)

Comments

  • Maybe they are using the costs of salvaging the SS Central America in with the
    'research' of the book. Then they decided that several million didn't sound
    reasonable so they cut it down to "over $200,000". image
    Robert Getty - Lifetime project to complete the finest collection of 1872 dated coins.
  • 291fifth291fifth Posts: 25,151 ✭✭✭✭✭
    I seem to recall that the cost of writing the book was subsidized by an outside firm.
    All glory is fleeting.


  • << <i>I was reading through a particular document, and it stated the following, "A California Gold Rush History, featuring the treasure of the SS Central America ... [is] sponsored by Dwight Manley and his California Gold Marketing Group, ... [and] the 1,000+ page book was produced at an expense involving over $200,000 in research and preparation."

    Does anyone know how that $200,000 figure was derived? I assume that the figure is not just the physical costs involved in preparing the book and research, such as just travel expenses, etc. I assume that the author's time was somehow valued in determining that figure. I am not sure how long it takes to write a 1,000 page book, but assuming that it takes 1,000 hours (a little over 6 months using a 40 hour work week), that only comes to $200 per hour for the author's time, if no other expenses were included in the $200,000 figure. That seems pretty low. Does anyone know where this $200,000 figure came from? >>



    Hunt around, you should see the note about the materials used in the book (it's in the cost)... I've been thinking about getting one.

    ~g image
    I listen to your voice like it was music, [ y o u ' r e ] the song I want to know.

    image

    I'd give you the world, just because...

    Speak to me of loved ones, favorite places and things, loves lost and gained, tears shed for joy and sorrow, of when I see the sparkle in your eye ...
    and the blackness when the dream dies, of lovers, fools, adventurers and kings while I sip my wine and contemplate the Chi.


  • << <i>I assume that the figure is not just the physical costs involved in preparing the book and research, such as just travel expenses, etc. I assume that the author's time was somehow valued in determining that figure. >>


    My bet is that it DOES just include the physical costs and does NOT include the authors time. Although it may include salery paying someone else to do research through libraries and archives. You have travel expenses (Probably for several people, to multiple locations and probably frequently return visits), hotels, copying expenses, photography, purchase of some items, and probably many other items. I can very easily see how the expenses could rise well above the $200,000 level.
  • michaelmichael Posts: 9,524 ✭✭✭

    Conder101
    Master Collector

    Posts: 9444
    Joined: Feb 2001
    Wednesday November 30, 2005 5:42 PM (NEW!)





    << I assume that the figure is not just the physical costs involved in preparing the book and research, such as just travel expenses, etc. I assume that the author's time was somehow valued in determining that figure. >>


    My bet is that it DOES just include the physical costs and does NOT include the authors time. Although it may include salery paying someone else to do research through libraries and archives. You have travel expenses (Probably for several people, to multiple locations and probably frequently return visits), hotels, copying expenses, photography, purchase of some items, and probably many other items. I can very easily see how the expenses could rise well above the $200,000 level.

    -------------------------
    slab collector and researcher
    reported as of 02/11/05
    119 companies
    322 production varieties


    imageimage
  • pontiacinfpontiacinf Posts: 8,915 ✭✭
    kranky picked me up one when they were released, real nice book but very very heavy

    too bad its not worth its weight in gold image

    also, I remember my arm looking more toned muscle wise while reading it image
    image

    Go BIG or GO HOME. ©Bill
  • CaptHenwayCaptHenway Posts: 33,786 ✭✭✭✭✭
    Having read every line of the book in galley form, I can assure you that a tremendous amount of time and effort was made in researching contemporary accounts of the gold rush. It is a glorious history of the gold rush, and worth the price of admission just for that. I learned a lot from it.
    Tom DeLorey (new screen name)
    Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.

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