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Are Krause Prices Just Plain Bunkum?

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 Posted 10/25/2021  09:56 am  Show Profile   Bookmark this reply Add NumisEd to your friends list
Catalogs are best used for information on mintages, the physical parameters of coins and the existence of varieties. For up-to-date price information, use online sources.
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 Posted 10/25/2021  1:29 pm  Show Profile   Bookmark this reply Add oriole to your friends list
As I understand it, at least how it used to be, Krause had specialists in different countries that assigned prices (retail) to the coins. In recent years I suspect that there has not been much updating, and errors crept in which were not corrected in subsequent editions. So while it is still a great source of valuable information, any critical information (that is, involving significant cost) especially on prices needs independent confirmation.
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 Posted 10/25/2021  1:51 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list
Remember, the last updates are from 2018 before the bankruptcy.
-----Burton
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Australia
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 Posted 10/25/2021  4:12 pm  Show Profile   Bookmark this reply Add David Graham to your friends list

Quote:

Krause World Coins certainly not bunkum.

I believe the OP indicated the prices listed in Krause were bunkum, not the entire catalogue. Interestingly there is a coin dealer down the road who said his prices are 20% less than catalogue prices. I think he meant Renniks but hopefully he uses Krause non non-Aus coins. Might get some deals. Only problem is he only opens shop on weekdays so us full time M-F employees never get a look in. :-(
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 Posted 10/25/2021  6:10 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list
In the last year or so, the value or price of just about everything I own has skyrocketed: classic cars, coins, gemstones, real estate, stock and shares. Suddenly, the cost of living has shot up. The only thing that hasn't is cash.

Krause values as published in books have become largely irrelevant.

Perhaps we are at the beginning of a period of World inflation, and the real value of the above assets has not increased at all.
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 Posted 10/25/2021  6:15 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list
Like any written catalogue , use only as a guide .
Out of date pricing as soon as they were published .
Finding proper world coin pricing is rather difficult unless
one is prepared to do lots of research , leg work etc .
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 Posted 10/26/2021  10:39 pm  Show Profile   Check Lancek's eBay Listings Bookmark this reply Add Lancek to your friends list
I use NGC online world coin price guide. They are based on Krause data, but updated continuously. Also show metal content and melt value based on current precious metal prices.
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 Posted 10/27/2021  03:03 am  Show Profile   Bookmark this reply Add sel_69l to your friends list
I didn't know that the Krause coin value data on-line had been updated from time to time; thanks for the info.
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 Posted 10/27/2021  06:02 am  Show Profile   Bookmark this reply Add triggersmob to your friends list
I prefer online coin catalogues these days. They can be kept more up to date.

https://www.NGCcoin.com/price-guide...duid-1583773
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 Posted 02/13/2022  5:20 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list
Are there any numismatic handbooks of world coins that list weights, dimensions, and other specifications, but NOT pricing?
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 Posted 02/13/2022  8:27 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list
Numista
-----Burton
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Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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 Posted 02/13/2022  8:56 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list

Quote:
Numista


Right. But I was hoping for a handbook.
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 Posted 02/13/2022  9:08 pm  Show Profile   Bookmark this reply Add Spence to your friends list

Quote:
Are there any numismatic handbooks of world coins that list weights, dimensions, and other specifications, but NOT pricing?


My short answer is no, not that I'm aware of. With that said, for many regions, there are country-specific books which contain a lot of that data and either have no values or values so hopelessly out of date, that it is the same thing.
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 Posted 02/14/2022  04:41 am  Show Profile   Bookmark this reply Add january1may to your friends list

Quote:
Are there any numismatic handbooks of world coins that list weights, dimensions, and other specifications, but NOT pricing?
I've seen a few very simplified catalogs (including one I own that is actually handbook sized) that actually do not contain pricing, and IIRC some of them do have some information on weights and/or sizes. But it's more common to include pricing.

Next time I see mine I'll check both the name and the level of information; I'm not actually very sure how good it is at weights/sizes, but I do recall that prices are not listed. IIRC it lists weights and material but not sizes.
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 Posted 02/14/2022  1:31 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list
I just bought a used Krause Catalog (Word Coins, 1901-2000) to see what it is all about. Maybe it will give me some new ideas when browsing through it.
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