The Joys of Collecting column from the Aug. 08, 2016, Weekly issue
Chet Krause, notable ‘people person.’
feeling spread all over numismatics as tributes were given in print,
in person in conversations at conventions and elsewhere, and on the
Internet. Chet was a “people person” par excellence, modest, and
always willing to share his intelligence, wisdom and knowledge.
started Numismatic News as a monthly newspaper in 1952, in 1963
Clifford Mishler joined the company and with Chet was instrumental in
building the Krause Publications empire.
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never married. He set up an Employee Stock Option Plan under which
most of his company went to those who helped build it. Quite against
his wishes, the employees sold the company to a Cincinnati firm. It
had been his wish that ownership would remain in his home town of
was super-generous in many other ways, including memorable cash
contributions to the American Numismatic Association Headquarters, to
setting up the Numismatic Ambassador program to honor people all
across America who helped promote the hobby. He sponsored research, he
testified in coinage legislation in Washington, and did so many other
good things that it would take a long list to mention them all.
don’t recall when I first met Chet, but it was sometime in the 1950s.
On several occasions he came to Wolfeboro, N.H., to visit me and the
coin company staff. One of his many hobby interests was World War II
vehicles. Here in Wolfeboro the Wright Museum of World War II is a
national attraction, and Chet visited it a couple of times while here.
collected many other things as well. I recall in the 1950s when he
said he bought a 1915-S Panama-Pacific commemorative set in a copper
frame. Of deeper interest was paper money of Wisconsin, especially
obsolete notes of the early 19th century; for many of them the history
was unknown — until he wrote the standard reference book.
anyone ever creates the Pantheon of Great American Numismatists to
honor those who have made selfless contributions, Chet would be the
most recent entry.
I say my life is much richer for his having passed my way, I know that
many others could say the same thing.