The present-day realization of inertial coordinate system by means of traditional optical astrometry is the Fifth Fundamental Catalogue (FK5). The series of observations with new meridian instruments (CAMC, PMC-190, BAMC, HMC) show the significant correlated differences (up to 0.″1) of observational catalogues from the FK5. Moreover, FK5 mean epoch appears to be old (about 50 years ago) and FK5 proper motions would have essential errors owing to the fact that not many new original catalogues (only 25 in RA and 15 in DEC) were used when compiling FK5. It should be noted also that FK5 has a dissimilar accuracy of positions and proper motions of “old” and “new” stars.