Krause Publications

Krause Publications
StatusActive
Founded1952 (1952)
FounderChester L. Krause
Country of originUnited States
Headquarters locationStevens Point, Wisconsin
Publication typesMagazines, books
Nonfiction topicsNumismatics, coin collecting
Owner(s)Penguin Random House
Official websitesites.prh.com/krausepublications

Krause Publications is 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] it is currently based at Stevens Point, Wisconsin.

  1. ^ "Obituary for Chester L. Krause at Voie Funeral Home". www.voiefuneralhome.com. Archived from the original on January 15, 2023. Retrieved November 6, 2017.
  2. ^ McMorrow-Hernandez, Joshua (December 26, 2016). "The Coin Analyst: 2016: Year in Review". CoinWeek. Archived from the original on August 25, 2019. Retrieved August 25, 2019. 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.
  3. ^ "Krause Publications: A brief history". krause.com. Archived from the original on June 12, 2002. Retrieved September 8, 2019.
  4. ^ Scarinci, Donald (2015). Coin of the Year: Celebrating Three Decades of the Best in Coin Design and Craftsmanship. Krause Publications. Introduction. ISBN 978-1-4402-4476-6.
  5. ^ Kampmann, Ursula (December 10, 2015). "Albert Pick (1922–2015)". CoinsWeekly. Translated by Backe, Annika. MünzenWoche GmbH. Archived from the original on December 4, 2019. Retrieved September 8, 2019.
  6. ^ Hagerty, James R. (July 8, 2016). "Chester Krause Built a Big Hobby Magazine Publisher in a Tiny Wisconsin Town". Wall Street Journal. ISSN 0099-9660. Archived from the original on November 7, 2017. Retrieved November 6, 2017.