KM 2001 2016 10th edition

[gerard974]

hello
yo day i have received the last catalogue 2001 2016 and i think that for the price is not intersting to have
except Russie update until 2014 the majority of countries are updated until 2012 (around maubee some exceptions)
what do you think ?
gerard

[Gusev]

Yes, this catalog has very few new information.
I usually look at the catalogs here and then make a purchase decision.

[Pabitra]

The updates are slightly more dated than usual since George Cuhaj had to send it to printers before leaving. The copies came out in July. However, still better than old edition.

[gerard974]

one example for Kazhakstan

2011 1 coin is not
2012 6 coins are not
2013 15 coins are not
2014 9 coins are not

Nepal
25 and 50 rupees since 2007 until 2012 7 coins are not

and many other countries like that

[Pabitra]

Yes, there are omissions.
In addition there are errors.
See Pakistan, the very first coin.
Pakistan abolished Paisa denomination quite some time back.
Rupee has been read as Paisa.

However, I still can not do without the latest SCWC.

[dheer]

I guess they take a while to update. Their mechanism to add needs some improvement. Right now they rely on contributions via mail etc; they should actually build a software that will directly allow contributors to edit and approve main database. This way it will be easier.

[gerard974]

hello
When we seen this site http://worldcoinnews.blogspot.com/ all  new coins are showing why KM dont make the same for to have all new coins. when the coins are not on the KM ,they are not also on numismaster and for to have the value ?? we can make many years
congratulation for all peoples who update this site
Gerard

[Pabitra]

they should actually build a software that will directly allow contributors to edit and approve main database. This way it will be easier.

Numismaster is their database.
All approved contributors are given password who can upload data and images, which are then verified and approved, if found fit, by their internal committee.

When we seen this site http://worldcoinnews.blogspot.com/ all  new coins are showing why KM dont make the same for to have all new coins. when the coins are not on the KM ,they are not also on numismaster and for to have the value ?? we can make many years
congratulation for all peoples who update this site

One of the most important item which SCWC needs for every coin is its price quote by a dealer which is missing in World Coin News.
SCWC & WCN have different methodologies and different target audience.

[bart]

What I find strange is that for new coins KM#nrs are given on websites like numista or ucoin at a moment you cannot find them on numismaster yet. Nor you can find those in the newest SCWC.

[Pabitra]

There are country contributors who submit complete (!)country details to Krause along with their assumed KM#.
More often than not, they are accepted in same form. However, on detailed scrutiny, the new coin details are not found complete, especially, some high value coins are found missing and fresh allocation of KM# are done.
Thus, there are difference between pre-matureKM# allotted by unauthorised sites/books/publications and official KM#.
This is the reason that KM# allotment methodology differs from country to country.
In some country, change of alloy would mean a suffix to existing KM# whereas in others a fresh KM# is allotted.
For such a large database, maintaining correctness and completeness, is beyond the capacity of a group, however, homogeneous it may be.

[Bimat]

I haven't bought KM for many years now. Online references, including numismaster, are sufficient; at-least for me. In fact, I have stopped adding KM# numbers in the excel sheet I maintain to record my coins. One of the reason is that when I get a very recent coin (say Belgian version of EU Flag €2 coin), it's not listed in KM, so I can't add the KM# number. I have to check catalog/website after a few months to check its KM# and update the excel accordingly. Becomes difficult to manage that...

I have also worked as a contributor of SCWC for couple of years. I couldn't continue it as I couldn't find time due to office work etc. It's a very difficult job for anyone who's handling everything at Krause Publications. You really can't blame them for the errors/omissions etc. It's practically impossible to have a 100% accurate catalog IMO. So it's always better to have an incomplete catalog than not to have it at-all.

Aditya

[Bimat]

Going through the 10th edition of KM (2001-2016), I notice that at many places, pictures of coins are not shown; Irish €15 coins for example. Some euro coin sets are not listed too. I don't think it's much difficult to find the pictures of euro coins or analyze the market trends for quoting catalog prices. Looks like they need a full time, highly motivated contributor for euro coins alone...

Aditya

[Bimat]

Few more observations: Isn't the 2016 edition supposed to have coins listed issued until 2015 (Or at-least first half of 2015)? None of the Greek coins issued after 2013 are listed (in fact 2013 listings are also incomplete). This is quite disappointing.

I have strong objections to the catalog prices indicated in 16th edition. I am aware that catalog price is not market price, but it should at-least be realistic. Austrian €25 of 2003 for example is listed for $125 while the market price is well above €400! Another error they have made in listing the €25 Austrian silver-niobium coins is that they call them 'special uncirculated' in the description but give the catalog value under MS65 grade. They are BU (Hgh) according to the mint, not proof. Apart from couple of silver-niobium €25 issues, catalog prices of others are far away from actual prices!

Another pricing error I saw is for the Greek €10 'Pythagoras' coin. Catalog price is given as $135 for proof but it's almost impossible to get it for that price (unless you are too lucky), market price is over €175 (some dealers ask for €300, but that's too much of expectation )

For Luxembourg KM# 109, wrong image is shown, catalog price again very much wrong ($70 for PF65, market price over €200). Not sure why the same coin is also shown in PF63...

There are several such example where they have gone horribly wrong. I hope they rectify it in the next edition.

Aditya

[Pabitra]

I haven't bought KM for many years now.

If you are a contributor, you should be getting a contributor's copy.

Going through the 10th edition of KM (2001-2016), I notice that at many places, pictures of coins are not shown

So this year you bought it.
As a matter of policy, SCWC does not show all images.
It shows all images of some countries ( like Iran, etc.) where reader needs to see the image to identify the coin.
For others, it rotates in various editions.
Should you need to see the image, go to numismaster where you can see all images which they have, without paying anything. Only for seeing the prices, you need to have paid subscription.

Few more observations: Isn't the 2016 edition supposed to have coins listed issued until 2015 (Or at-least first half of 2015)? None of the Greek coins issued after 2013 are listed (in fact 2013 listings are also incomplete).

I have strong objections to the catalog prices indicated in 16th edition.

For Luxembourg KM# 109, wrong image is shown.

The 2016 edition was released in July 2015.
It went to printer in March 2015.
Only those coins which were reported and whose prices were indicated by US dealers, were included.
Prices vary by market.
Just see the prices of Indian coins and you would understand that the book is US centric.
There are errors but they get corrected in next edition.
New errors get in as well some coins get omitted by mistake.
See Pakistan and see 25 Rupees listed as 25 Paisa. Paisa as a denomination was abolished in Pakistan more than 3-4 years ago.
Never forget that they still manage to bring out a two volumes every year at regular schedule. No other organisation is capable of bringing out even a tenth of this much.
In addition, their sales are mainly in US and rest of the world is only a small market for them.

[gerard974]

hello
and if by example one US collector collect Kazahkstan coin look after 2011 in the catalogue
best regards  Gerard