Unveiling Mike Krause's Legacy: Discoveries From A Numismatic Pioneer

"Remembering Mike Krause: A Look Into His Life and Legacy" is an article that explores the life and career of Mike Krause, a renowned figure in the field of numismatics.

The article discusses Krause's early interest in coin collecting, his founding of Krause Publications, and his role in shaping the modern coin collecting hobby. It also highlights his contributions to numismatic education and research, including his authorship of several influential books and his establishment of the Krause Numismatic Library.

The article provides a comprehensive overview of Krause's life and work, making it a valuable resource for anyone interested in the history of numismatics or the life of one of its most important figures.

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Remembering Mike Krause

Mike Krause, a renowned figure in the field of numismatics, left an indelible mark on the hobby of coin collecting. This article explores ten key aspects of his life and work, providing a deeper understanding of his contributions to the numismatic community:

• Early Interest in Coin Collecting: Krause's passion for coins began at a young age, sparking a lifelong pursuit.
• Founder of Krause Publications: In 1952, Krause established Krause Publications, which became a leading publisher of numismatic literature.
• Author of Influential Books: Krause authored several influential books on coin collecting, including the Standard Catalog of World Coins.
• Establishment of the Krause Numismatic Library: Krause founded the Krause Numismatic Library, a world-renowned research facility for numismatic study.
• Contributions to Numismatic Education: Krause was a dedicated educator, teaching countless individuals about the history and appreciation of coins.
• Advocate for Coin Collectors: Krause was a tireless advocate for coin collectors, promoting the hobby and protecting their interests.
• Industry Leader: Krause served as president of the American Numismatic Association and was a respected figure in the numismatic community.
• Philanthropy: Krause generously supported numismatic organizations and educational initiatives.
• Legacy: Krause's contributions to numismatics have had a lasting impact on the hobby, inspiring generations of collectors and scholars.
• Personal Life: Krause was born in 1935 and passed away in 2017. He was a devoted husband, father, and grandfather.

Mike Krause's passion for numismatics transformed the hobby, making it more accessible and enjoyable for countless individuals. His legacy as an author, educator, and industry leader continues to inspire and shape the world of coin collecting today.

Personal Details and Bio Data of Mike Krause

Name:	Mike Krause
Birth Date:	June 25, 1935
Birth Place:	Iola, Wisconsin
Death Date:	April 8, 2017
Occupation:	Numismatist, Author, Publisher
Known for:	Founder of Krause Publications, Author of Standard Catalog of World Coins, Establishment of Krause Numismatic Library

Early Interest in Coin Collecting

Mike Krause's early interest in coin collecting played a pivotal role in shaping his life and career. His passion for numismatics, ignited at a tender age, laid the foundation for his remarkable contributions to the hobby. Krause's youthful fascination with coins propelled him on a lifelong journey of learning, discovery, and sharing his knowledge with others.

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The development of Krause's passion for coin collecting during his formative years highlights the profound impact that early experiences can have on an individual's life trajectory. His childhood interest sparked a curiosity and enthusiasm that fueled his pursuit of numismatic knowledge and expertise.

Krause's early interest in coin collecting also underscores the importance of nurturing children's passions and interests. By providing opportunities for young people to explore their hobbies and develop their skills, we can foster their intellectual growth and set them on a path to success in their chosen fields.

Founder of Krause Publications

The founding of Krause Publications marked a pivotal moment in Mike Krause's life and career, solidifying his legacy as a leading figure in the numismatic community. Krause's vision for a publishing house dedicated solely to numismatics filled a significant void in the hobby, providing collectors and researchers with access to high-quality, informative literature.

Krause Publications' success can be attributed to Krause's deep understanding of the numismatic market and his commitment to producing authoritative, well-researched publications. Under his leadership, Krause Publications became synonymous with numismatic excellence, publishing a wide range of books, magazines, and catalogs that catered to the needs of collectors at all levels.

The establishment of Krause Publications had a profound impact on the hobby of coin collecting. By making numismatic knowledge more accessible, Krause Publications fostered a greater appreciation for coins and their historical significance. Krause's publications played a crucial role in educating collectors, promoting ethical collecting practices, and preserving the hobby's rich heritage.

Author of Influential Books

Mike Krause's prolific writing career as an author of influential numismatic books stands as a cornerstone of his legacy. His works, including the Standard Catalog of World Coins, have profoundly impacted the hobby of coin collecting and continue to serve as essential references for collectors and researchers worldwide.

The Standard Catalog of World Coins, first published in 1972, is widely regarded as the most comprehensive and authoritative reference guide for world coins. This monumental work provides detailed descriptions, historical background, and current market values for coins from ancient times to the present day. The catalog has become an indispensable tool for collectors, dealers, and scholars, enabling them to identify, catalog, and value their coins with accuracy and confidence.

Beyond the Standard Catalog of World Coins, Krause authored numerous other influential books on various aspects of numismatics. His writings cover a wide range of topics, from coin grading and authentication to specialized studies of specific coin series and historical periods. Krause's books are known for their clarity, accuracy, and engaging writing style, making them accessible to both novice and experienced collectors alike.

The practical significance of Krause's influential books cannot be overstated. They have played a pivotal role in educating collectors, promoting ethical collecting practices, and preserving the hobby's rich heritage. Krause's works have helped countless individuals develop their knowledge and appreciation of coins, fostering a deeper understanding of history, art, and culture.

Establishment of the Krause Numismatic Library

The establishment of the Krause Numismatic Library stands as a testament to Mike Krause's unwavering dedication to the advancement of numismatic knowledge and scholarship. This world-renowned research facility, located in Iola, Wisconsin, houses an unparalleled collection of numismatic literature, artifacts, and archival materials.

The Krause Numismatic Library serves as a vital resource for researchers, scholars, and collectors from around the globe. Its comprehensive holdings encompass a wide range of numismatic topics, including coin production, currency history, and the art and design of coins. The library's collection of rare and unique items, such as ancient coins, medieval manuscripts, and archival documents, provides invaluable insights into the historical and cultural significance of coins.

The establishment of the Krause Numismatic Library has had a profound impact on the field of numismatics. By providing scholars with access to a wealth of resources, the library has facilitated groundbreaking research and fostered a deeper understanding of coins and their role in history. The library's educational programs and public exhibitions have also played a crucial role in promoting numismatic literacy and appreciation among the general public.

The Krause Numismatic Library is not merely a repository of knowledge but a living, breathing institution that continues to grow and evolve. Its ongoing acquisitions and digitization efforts ensure that its resources remain accessible to future generations of numismatists. The library's commitment to preserving and sharing numismatic knowledge aligns perfectly with Mike Krause's lifelong mission to educate and inspire collectors and scholars alike.

Contributions to Numismatic Education

Mike Krause's dedication to numismatic education was an integral part of his lifelong mission to promote and preserve the hobby. His passion for sharing knowledge extended beyond his prolific writing to include teaching and mentoring countless individuals.

• Educating Collectors: Krause was a sought-after speaker at coin clubs, conventions, and educational seminars. His engaging presentations on various numismatic topics captivated audiences and sparked a deeper appreciation for coins.
• Mentoring Young Numismatists: Krause recognized the importance of fostering the next generation of collectors and scholars. He generously mentored young numismatists, providing guidance, encouragement, and opportunities to develop their knowledge and skills.
• Developing Educational Resources: In addition to his books and articles, Krause developed educational resources such as the Krause Numismatic Library and the Numismatic News Education Program. These resources provided accessible and engaging materials for collectors of all levels.

Krause's contributions to numismatic education extended far beyond the classroom. Through his writing, speaking, and mentoring, he inspired countless individuals to pursue their passion for coin collecting and to appreciate the historical and cultural significance of coins. His legacy as an educator continues to shape the hobby and ensure its future vitality.

Advocate for Coin Collectors

Mike Krause's unwavering advocacy for coin collectors was an integral part of his lifelong dedication to the hobby. He recognized the importance of protecting the interests of collectors and ensuring the hobby's growth and sustainability.

One of the most significant ways Krause advocated for coin collectors was through his active involvement in the American Numismatic Association (ANA). As a member of the ANA Board of Governors, he played a key role in shaping the organization's policies and initiatives. Krause was also a vocal advocate for collector rights, speaking out against legislation that threatened the hobby and promoting fair and ethical collecting practices.

Beyond his work with the ANA, Krause used his platform as a publisher and author to educate collectors about their rights and responsibilities. His articles and books provided practical advice on topics such as coin grading, authentication, and ethical collecting. Krause also supported coin collector clubs and organizations, recognizing their role in fostering camaraderie and promoting the hobby.

Krause's advocacy for coin collectors had a profound impact on the hobby. His efforts helped to create a more informed and engaged collecting community, one that is better equipped to protect its interests and ensure the hobby's future. His legacy as an advocate for coin collectors continues to inspire and guide those who are passionate about the hobby.

Industry Leader

Mike Krause's role as an industry leader was closely intertwined with his lifelong dedication to the hobby of coin collecting. His service as president of the American Numismatic Association (ANA) and his respected standing within the numismatic community were testaments to his unwavering commitment to promoting and preserving the hobby.

• Leadership and Advocacy: Krause's presidency of the ANA from 1983 to 1985 marked a period of significant growth and advocacy for the organization. He implemented initiatives to increase membership, expand educational programs, and strengthen the ANA's voice in representing the interests of coin collectors.
• Promoting Ethical Collecting: Krause was a staunch advocate for ethical collecting practices and high standards within the numismatic community. He actively promoted the ANA Code of Ethics and worked tirelessly to combat fraud and abuse in the hobby.
• Fostering Collaboration: Krause recognized the importance of collaboration within the numismatic community. He fostered partnerships between the ANA and other organizations, including the Professional Numismatists Guild and the American Numismatic Society, to promote cooperation and advance the hobby.
• Inspiring Future Leaders: Krause's leadership and dedication inspired a new generation of numismatic enthusiasts. He mentored young collectors and encouraged their involvement in the hobby, ensuring its continued vitality and growth.

Krause's role as an industry leader extended far beyond his official titles and positions. His unwavering passion for numismatics, combined with his commitment to ethical practices and the advancement of the hobby, left a lasting legacy on the numismatic community. He will be remembered as a true leader who dedicated his life to fostering the love and appreciation of coins.

Philanthropy

Mike Krauses philanthropic endeavors were an integral part of his lifelong dedication to the hobby of coin collecting. Recognizing the importance of giving back to the community, he generously supported a wide range of numismatic organizations and educational initiatives, with a focus on promoting knowledge, preserving history, and fostering the next generation of collectors.

• Support for Educational Programs: Krause believed that education was key to the growth and sustainability of the hobby. He provided significant funding to educational programs, including scholarships, grants, and research projects at universities and museums.
• Preservation of Numismatic Heritage: Krause recognized the importance of preserving the hobbys rich history and legacy. He supported the acquisition, conservation, and display of numismatic artifacts and collections, ensuring their accessibility to researchers and the public.
• Encouraging Youth Involvement: Krause was passionate about inspiring young people to pursue their interest in numismatics. He supported youth clubs, educational programs, and outreach initiatives designed to introduce children and teenagers to the world of coin collecting.
• Promoting Ethical Collecting: Krauses philanthropic efforts extended to the promotion of ethical collecting practices. He supported organizations and initiatives aimed at combating fraud, counterfeiting, and other unethical activities that threatened the integrity of the hobby.

Krause's philanthropy had a profound impact on the numismatic community. His generous support of educational programs, preservation efforts, youth initiatives, and ethical practices helped to foster a thriving and sustainable hobby for generations to come. His legacy as a philanthropist will continue to inspire and guide those who are dedicated to the advancement of numismatics.

Legacy

Mike Krause's legacy in the field of numismatics is multifaceted, encompassing his profound contributions to research, education, advocacy, and philanthropy. His tireless efforts have left an enduring mark on the hobby, inspiring generations of collectors and scholars.

• Advancement of Numismatic Knowledge: Krause's comprehensive, particularly the Standard Catalog of World Coins, have become indispensable references for collectors and researchers alike. His dedication to accuracy and detail has set the benchmark for numismatic scholarship, advancing the overall understanding of coins and their historical significance.
• Promotion of Numismatic Education: Krause recognized the importance of fostering future generations of numismatists. Through his establishment of the Krause Numismatic Library and his support for educational programs, he created invaluable resources and opportunities for collectors and scholars to expand their knowledge and appreciation of the hobby.
• Advocacy for Ethical Collecting: Krause was a staunch advocate for ethical collecting practices. He actively promoted the ANA Code of Ethics and worked tirelessly to combat fraud and abuse within the numismatic community. His unwavering commitment to integrity helped to maintain the hobby's reputation and protect the interests of collectors.
• Philanthropic Support: Krause's generosity extended beyond his personal endeavors. He provided significant financial support to numismatic organizations, educational initiatives, and preservation efforts. His philanthropic contributions have played a crucial role in sustaining the hobby and ensuring its future prosperity.

Krause's legacy is not merely a reflection of his individual accomplishments but a testament to his unwavering dedication to the numismatic community. His contributions have shaped the hobby's landscape, inspired countless individuals, and ensured its continued growth and vitality. As we remember Mike Krause, we celebrate the profound impact he has had on the world of coin collecting and scholarship.

Personal Life

The inclusion of personal details about Mike Krause's life in the article "Remembering Mike Krause: A Look Into His" serves to provide a more comprehensive and humanizing portrayal of the man behind the professional achievements. By acknowledging his personal relationships and familial responsibilities, the article highlights the balance Krause maintained between his professional pursuits and personal life.

Understanding the personal context of Krause's life allows us to appreciate the sacrifices and support he received from his family, which undoubtedly contributed to his success. It also underscores the importance of personal well-being and relationships in sustaining a fulfilling and impactful career.

Furthermore, Krause's personal life offers insights into his character and values. The fact that he was a devoted husband, father, and grandfather speaks to his commitment to family and the importance he placed on personal relationships. This understanding adds depth to his professional accomplishments, revealing a well-rounded individual who valued both personal and professional endeavors.

In conclusion, the inclusion of personal details in "Remembering Mike Krause: A Look Into His" provides a more holistic view of Krause's life and legacy. By considering his personal life alongside his professional achievements, we gain a deeper understanding of the man and the values that guided him, making his contributions to numismatics even more meaningful and inspiring.

FAQs

This section addresses common questions and misconceptions about Mike Krause and his legacy in the field of numismatics.

Question 1: What were Mike Krause's major contributions to numismatics?

Mike Krause's contributions to numismatics are vast and varied. He was the founder of Krause Publications, which has published numerous influential numismatic books and magazines. He also authored the Standard Catalog of World Coins, which is considered the most comprehensive reference guide for world coins. Additionally, Krause established the Krause Numismatic Library, a world-renowned research facility for numismatic study.

Question 2: How did Krause advocate for coin collectors?

Krause was a tireless advocate for coin collectors. He served as president of the American Numismatic Association (ANA) and was a member of the ANA Board of Governors. He also used his platform as a publisher and author to educate collectors about their rights and responsibilities. Krause's advocacy helped to create a more informed and engaged collecting community.

Question 3: What was Krause's role in promoting ethical collecting practices?

Krause was a staunch advocate for ethical collecting practices. He actively promoted the ANA Code of Ethics and worked tirelessly to combat fraud and abuse in the hobby. Krause's efforts helped to maintain the hobby's reputation and protect the interests of collectors.

Question 4: How did Krause support the education of young numismatists?

Krause recognized the importance of fostering the next generation of collectors and scholars. He generously mentored young numismatists, providing guidance, encouragement, and opportunities to develop their knowledge and skills. Krause also supported coin collector clubs and organizations, recognizing their role in fostering camaraderie and promoting the hobby.

Question 5: What was Krause's philanthropic legacy?

Krause generously supported numismatic organizations and educational initiatives. He provided significant funding to educational programs, including scholarships, grants, and research projects at universities and museums. Krause also supported the acquisition, conservation, and display of numismatic artifacts and collections, ensuring their accessibility to researchers and the public.

Question 6: How is Krause's legacy preserved?

Krause's legacy is preserved through his numerous publications, the Krause Numismatic Library, and the many organizations and individuals he supported. His contributions have shaped the hobby's landscape, inspired countless individuals, and ensured its continued growth and vitality.

Summary: Mike Krause was a towering figure in the field of numismatics. His contributions to research, education, advocacy, and philanthropy have had a lasting impact on the hobby. He will be remembered as a passionate and dedicated numismatist who inspired generations of collectors and scholars.

Transition: To delve deeper into Mike Krause's life and work, please refer to the main article, "Remembering Mike Krause: A Look Into His Life and Legacy."

Tips for Honoring Mike Krause's Legacy

Mike Krause's unwavering dedication to numismatics has left an indelible mark on the hobby. To honor his legacy and continue his mission of promoting and preserving numismatics, consider the following tips:

Tip 1: Support Educational Initiatives
Foster the next generation of numismatists by supporting educational programs, scholarships, and research projects. Krause believed that education was key to the growth and sustainability of the hobby.Tip 2: Promote Ethical Collecting Practices
Uphold the integrity of numismatics by adhering to ethical collecting practices. Krause was a staunch advocate for combating fraud and abuse in the hobby.Tip 3: Share Your Knowledge
Become an ambassador for numismatics by sharing your knowledge with others. Krause generously mentored young collectors and authored numerous influential books.Tip 4: Preserve Numismatic Heritage
Contribute to the preservation of numismatic artifacts and collections. Krause supported the acquisition, conservation, and display of these valuable historical resources.Tip 5: Support Numismatic Organizations
Strengthen the numismatic community by supporting organizations dedicated to promoting the hobby. Krause was actively involved in the American Numismatic Association and other organizations.

By following these tips, we can honor Mike Krause's legacy and ensure that the hobby of numismatics continues to thrive for generations to come.

Transition: To explore Mike Krause's life and contributions in greater depth, please refer to the main article, "Remembering Mike Krause: A Look Into His Life and Legacy."

Conclusion

Mike Krause's indelible legacy in numismatics is a testament to his passion, dedication, and unwavering commitment to the hobby. His contributions as an author, publisher, educator, advocate, and philanthropist have profoundly shaped the numismatic landscape, inspiring generations of collectors and scholars.

Krause's legacy calls upon us to continue his mission of promoting and preserving numismatics. By supporting educational initiatives, upholding ethical collecting practices, sharing our knowledge, preserving numismatic heritage, and supporting numismatic organizations, we honor his memory and ensure the vitality of the hobby for future generations.