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Krause leaves board

This article was originally printed in the latest issue of Numismatic News.
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Chet Krause resigned his seat on the American Numismatic Association board of governors July 7.

In a letter to ANA President Clifford Mishler, the 86-year-old Krause cited health reasons.

“It has become increasingly difficult for me to travel,” Krause wrote. “Consequently, I don’t feel I can serve the board or the ANA membership to the fullest extent.”

Krause was first elected to the board in 2007 as part of the group that swept out all incumbents in that year’s election, fired the executive director and hired the current executive director, Larry Shepherd.

Alan Herbert will be sworn in as Krause’s replacement during the ANA’s World’s Fair of Money Aug. 10-14 in Boston.

Herbert garnered the largest number of votes in the 2009 election without winning one of the seven seats on the board and, according to bylaws, is the next line to fill a vacancy.

“I regret Chet’s departure from the board,” Mishler said. “We value his wise counsel and will miss him going forward.”

Shepherd said, “There are very few people in the history of the ANA who have done as much for this organization – or the hobby – as Chet.”

Krause founded Numismatic News in 1952 and built a  publishing business around it. He is a member of the ANA Hall of Fame and has won the organization’s top awards.

Herbert will take over Krause’s ANA committee assignments on the Bylaws and Ethics Committee and the Finance, Budget and Audit Committee.

Herbert has been a columnist for Numismatic News since 1968 when he began writing the “Odd Corner” minting variety column. Currently he writes “Coin Clinic.”

“We welcome Alan back to the board and are pleased that Chet’s seat on the board is being placed in such capable hands,” Mishler said.

Herbert has served three full terms as ANA governor and a partial fourth.


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