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Status | Active |
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Founded | 1952 |
Founder | Chester L. Krause |
Country of origin | United States |
Headquarters location | Stevens Point, Wisconsin |
Publication types | Magazines, books |
Nonfiction topics | Numismatics, coin collecting |
Owner(s) | Penguin Random House |
Official website | sites |
Krause Publications was an American publisher of hobby magazines and books. The company was started by Chester L. Krause (1923–2016) in 1952 and published Numismatic News . [1]
In the coin collecting community the company is best known for its Standard Catalog of World Coins , a series of coin catalogs commonly referred to as Krause-Mishler catalogs or simply Krause catalogs; they provide information, pricing, and Krause-Mishler (KM) numbers [2] referring to coin rarity and value. Krause-Mishler (named for Krause and longtime employee Clifford Mishler) numbers are the most common way of assigning values to coins. The first edition was published in 1972. [3] In addition, they established the Coin of the Year Award, first issued in 1984, for excellence in coinage design. [4]
In the paper money collecting community, the company is known for its paper money catalogs. In 1975, the first edition of the seminal Standard Catalog of World Paper Money authored by Albert Pick was published. Its numbering system, the Pick numbers, is widely used to identify banknotes. [5]
Originally founded and based in Iola, Wisconsin, [6] and, for a short time, in Stevens Point, Wisconsin.
In 1992, Krause acquired Deer & Deer Hunting and Turkey & Turkey Hunting magazines from Stump Sitters, Inc.
In 1997, Krause acquired the non-automotive book titles of the Chilton Company. [7] In June 2002 Krause was acquired by F+W (back then F&W Publications). [8] At that time, Krause Publications was publishing 46 periodicals and had nearly 750 books in print. [9] Krause Publications was continued by F+W as an imprint.
The company moved to Stevens Point, Wisconsin in April 2018. [10]
In June 2019, the assets of F+W were sold through bankruptcy auctions. Penguin Random House acquired the book publishing assets and Krause brand. [11] The magazines were divided among different entities, [12] with Numismatic News, for example, being acquired by Active Interest Media. [13] The 2019 edition of the Standard Catalog of World Coins included XX and XXI century editions. Penguin published the 2020 edition of the XX Century Standard Catalog of World Coins, but the XXI century edition was not released.
The assets of Deer & Deer Hunting and its supporting outdoors products were acquired in June 2019 by Media 360 LLC of Waupaca, Wisconsin, headed up by President Brad Rucks and Vice President Daniel Schmidt.
The ngultrum is the currency of the Kingdom of Bhutan. It is subdivided into 100 chhertum. The Royal Monetary Authority of Bhutan, the central bank of Bhutan, is the minting authority of the ngultrum banknotes and coins. The ngultrum is currently pegged to the Indian rupee at parity.
The American Numismatic Association (ANA) is an organization founded in 1891 by George Francis Heath. Located in Colorado Springs, Colorado, it was formed to advance the knowledge of numismatics along educational, historical, and scientific lines, as well as to enhance interest in the hobby.
The cruzado was the currency of Brazil from 1986 to 1989. It replaced the second cruzeiro in 1986, at a rate of 1 cruzado = 1000 cruzeiros (novos) and was replaced in 1989 by the cruzado novo at a rate of 1000 cruzados = 1 cruzado novo.
F+W was a media and e-commerce company headquartered in New York City. Founded in 1913 in Cincinnati, F+W published magazines, books, digital products, produced online video, offered online education, and owned and operated e-stores, as well as consumer and trade shows.
The rigsdaler was the currency of the Danish West Indies until 1849. It was subdivided into 96 skilling. The rigsdaler was equal to 4⁄5 Danish rigsdaler. The rigsdaler was replaced by the daler.
The cash was a currency denomination used in China in imperial times. It was the chief denomination until the introduction of the yuan in the late 19th century.
The American Numismatic Society (ANS) is a New York City-based organization dedicated to the study of coins, money, medals, tokens, and related objects. Founded in 1858, it is the only American museum devoted exclusively to their preservation and study. Its collection encompasses nearly one million items, including medals and paper money, as well as the world's most comprehensive library of numismatic literature. The current president of the society, Dr. Ute Wartenberg, served as the executive director for two decades and was succeeded in this role by Dr. Gilles Bransbourg.
The srang was a currency of Tibet between 1909 and 1959. It circulated alongside the tangka until the 1950s. It was divided into 10 sho, each of 10 skar, with the tangka equal to 15 skar. In 1959, the Chinese central government replaced the srang with the renminbi at a rate of 50 paper srang per yuan, in which the srang ceased to be legal tender.
The dollar was the currency of Nova Scotia between 1860 and 1871. It replaced the Nova Scotian pound at a rate of 5 dollars = 1 pound and was consequently worth less than the Canadian dollar. The Nova Scotian dollar was replaced by the Canadian dollar at a rate of 73 Canadian cents = 75 Nova Scotian cents, thus maintaining the difference between the two currencies established in 1860.
The franc was the currency of the Swiss canton of Geneva between 1839 and 1850. It was subdivided into 100 centimes.
The Chester L. Krause Memorial Distinguished Service Award is the highest honor conferred by the American Numismatic Association. The award was formerly named after Farran Zerbe, a one-time president of the American Numismatic Association. It is given in recognition of numerous years of outstanding, dedicated service to numismatics. The criteria for the nominee should be that the individual is considered someone who has rendered numerous years of outstanding service to the ANA as well as the field of numismatics. An additional qualification is that the nominee should be a former Medal of Merit and Glenn Smedley Memorial Award recipient. The award is limited only to members of the ANA.
The Standard Catalog of World Coins is a series of numismatic catalogs, commonly known as the Krause catalogs. They are published by Krause Publications, a division of Active Interest Media.
The two dollar coin is the third-highest denomination coin of the Hong Kong dollar. Since its introduction in 1976, it is one of two circulating coins to not be round. The two dollar coin is a dodecagonal scallop in shape, and made of cupro-nickel.
The 1-yen coin is the smallest denomination of the Japanese yen currency. Historically they were initially made of both silver and gold in the early 1870s. Issues facing the Japanese government at the time included wanting to adopt the gold standard, and competing against the Mexican dollar for use in foreign trade. The decision was made to use silver one yen coins exclusively outside of Japan for trade, while gold coins were minted and used in mainland Japan. Gold and silver coins were eventually allowed to co-circulate in mainland Japan from 1878 to 1897 when they were demonetized. Millions of former one yen silver coins were countermarked by the Japanese government for use outside of the mainland. Silver one yen coins continued to be minted until 1914 for backing up currency.
The Pitcairn Islands is a British overseas territory which uses the New Zealand dollar as its primary currency. However, the territory has issued commemorative Pitcairn Islands dollar coins since 1988. Although the Pitcairn Islands Dollar is legal tender and pegged at par to the New Zealand Dollar, it is not commonly used in general circulation and exists primarily to generate revenue for the territory coin collectors, with the sale of coins and other numismatic items being a major source of revenue for the territory. Having a population of only 50 according to the 2020 census, and with only one island in the group of four being populated, there is no need for local coinage. Coins consist of an important part of the Pitcairn Islands' tiny economy and help raise funds for the government's largely fixed and subsidised income.
Niue, a country in free association with New Zealand, uses only one official legal tender currency, which is the New Zealand dollar.
Coins was an American monthly numismatic publication.
Numismatic News is an American numismatic magazine which has been in circulation since 1952.
Chester Lee "Chet" Krause was an American author, numismatist, and businessman best known as the founder of Krause Publications in the 1950s.
Clifford Leslie Mishler is an American author and numismatist. He has served as president of the American Numismatic Association.
Krause and his longtime colleague Clifford Mishler instituted the use of the now widely used Krause-Mishler numbers, shorthanded as KM numbers, to standardize the cataloging of coin issues.