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New Krause
cladking
Posts: 28,723 ✭✭✭✭✭
Well... ...I'm almost afraid to ask.
Has anyone seen the new Krause yet? Have they fixed anything at all or just run off a three
year old version with a new cover?
I've got one coming and will let you know if you can save your money again.
Has anyone seen the new Krause yet? Have they fixed anything at all or just run off a three
year old version with a new cover?
I've got one coming and will let you know if you can save your money again.
tempus fugit extra philosophiam.
0
Comments
Well, just Love coins, period.
<< <i>Which century? 20th? Brit section had some redo on predecimal I believe...Minors need some help in others. CK, think I asked before but why not share some of your wisdom with them (or us - do a book like Eric Jordan over on the Light Side). If you do any book, I know I would buy one as would Gritsman! >>
I just don't feel competent to do this. I used to track these modern markets
fairly closely even though it was so difficult because they were so very thin in
those days. In more recent years My only information comes from dealer sell
lists published on the web. These lists offer coins for dozens of times as much
as Krause and they do match my estimation of the difficulty of obtaining the
coins so I believe they're fully legitimate. But you can't value coins by what
anyone is offering them for sale or you're allowing anyone at all to manipu-
late prices.
But it's been many years now that some of these are worth large premiums
and the guide still hasn't been updated. I really believe this is doing irrepar-
able damage to the modern markets. They really should either have a disclaim-
er that prices on modern material are irrelevent to actual market or quit print-
ing the prices. Of course they could just put some effort into updating them
as well. As things stand many of these coins can't trade hands since fair of-
fers for coins that list for nothing are even rarer than the coins.
Well, just Love coins, period.
<< <i>CK - they rely on contributors, >>
I don't think this is a proper excuse; one must do extensive research to write a book; he shouldn't just sit and wait for the information to be delivered!
Well, just Love coins, period.
<< <i>Such are the foibles of putting together a tome with so much information in different areas - at some point it may not be worthwhile for them to do it, I think the issue of money does come to play... >>
I don't disagree but they might sell more copies if they updated prices better. This
is the 20th century edition which is their biggest seller. Surely they have at least
one employee working on this full time. In a year he should easily be able to update
all the prices in just a few hours per week. It's not that big a job if you know where
the prices are too low (or high).
I'd be willing to write up some of the more blatant errors but I doubt they'd be in-
terested. If they fixed them them it would be harder to spot when they fix the rest.
<< <i>Such are the foibles of putting together a tome with so much information in different areas - at some point it may not be worthwhile for them to do it, I think the issue of money does come to play... >>
Let me put it another way.
These markets may be being severely held down because the most widely
used source for pricing in the world for these coins has unrealisticly low
prices. In the US Krause has virtually the entire market for disseminating
the price of world coins and they present this market as being staid and
stagnant. Perhaps if they reflected what soime of these coins actually sell
for in their home markets it would revitalize the US foreign coin market.
This would increase sales of all their catalogs, perhaps.