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How Realistic Are the Krause Catalogs?
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<p>[QUOTE="lettow, post: 907673, member: 6986"]Krause prices should only be used as a guide -- and a very loose one at that. George Cuhaj is really the only person at Krause that works on these catalogs. It is a huge job for one person. He relies upon input from several collectors and dealers around the world to try to track prices. </p><p><br /></p><p>Given the publishing cycles of the catalogues it is not possible to update every country for every new edition. This means that the information in certain sections may be 3-4 years old. If an area heats up or cools off that may not be reflected for 2 or 3 editions.</p><p><br /></p><p>A good example of this are British India notes. They took off in prices about 3-4 years ago. The most recent catalog has higher prices for some issues but not all those that increased substantially. And some of those that were increased are still low in the catalogue. The Indian market appears to have cooled off a little recently since the higher prices brought out more material and the supply is catching up with demand. Keeping a general catalog current in pricing under circumstances like that is next to impossible.</p><p><br /></p><p>If you are going to collect a certain country or countries, you are better off getting a catalog produced in that country even if it is not in a language you can read. You should be able to figure them out including the pricing. </p><p><br /></p><p>Could you imagine trying to collect US small size notes using only the Krause catalogs? Of course not.[/QUOTE]</p><p><br /></p>
[QUOTE="lettow, post: 907673, member: 6986"]Krause prices should only be used as a guide -- and a very loose one at that. George Cuhaj is really the only person at Krause that works on these catalogs. It is a huge job for one person. He relies upon input from several collectors and dealers around the world to try to track prices. Given the publishing cycles of the catalogues it is not possible to update every country for every new edition. This means that the information in certain sections may be 3-4 years old. If an area heats up or cools off that may not be reflected for 2 or 3 editions. A good example of this are British India notes. They took off in prices about 3-4 years ago. The most recent catalog has higher prices for some issues but not all those that increased substantially. And some of those that were increased are still low in the catalogue. The Indian market appears to have cooled off a little recently since the higher prices brought out more material and the supply is catching up with demand. Keeping a general catalog current in pricing under circumstances like that is next to impossible. If you are going to collect a certain country or countries, you are better off getting a catalog produced in that country even if it is not in a language you can read. You should be able to figure them out including the pricing. Could you imagine trying to collect US small size notes using only the Krause catalogs? Of course not.[/QUOTE]
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How Realistic Are the Krause Catalogs?
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