Information about Franklin Mint
The Franklin Mint is a private corporation based in Exton, Pennsylvania which markets collectibles of its own designs. It was founded by Joseph Segel.
The company started by marketing privately-minted gold and silver commemorative rounds and medallions, but quickly branched out into other collectibles. In the 1960s the price of silver rose, causing all silver coins to be removed from circulation. The Nevada casinos used silver dollars in their slot machines, which were soon worth more than a dollar. The Franklin Mint was one of the earliest and largest minters of replacement slot machine tokens.
It minted in its own production facility numerous sets of coins-of-the-realm, theme-based medals and ingots, selling them on the subscription plan, with buyers getting a monthly shipment and invoice. Franklin Mint struck issues in all the different precious and semi-precious metals. American history and art masterpiece themes were predominant, with space and important persons and other topics also quite popular. Sets were often limited by the number of subscribers by a cut-off date, or a fixed mintage, resulting in "limited editions". Prices were fairly reasonable, compared to the cost of silver, and often tens of thousands of sets were sold. Custom wood cases, fancy packaging and certificates appealed to collectors, and the market boomed. However, silver prices climbed, making the cost of larger items high, and replacement bronze and pewter issues did not appeal to collectors as much.
From 1973 to 2000, the Franklin Mint had a division called the Franklin Library, which produced hundreds of editions of classic works of literature in fine bindings.
In 1983, and to much success, The Franklin Mint entered the die-cast car market with the 1935 Mercedes Benz 500K Roadster. In the following years, Franklin Mint produced numerous designs including the Rolls-Royce Silver Ghost, one of Franklin Mint's better-selling models. Collector knives, figurines, plates, Monopoly sets, chess sets and board games, plaques, coins, medals, and other collectibles have been issued over the years by The Franklin Mint.
The Franklin Mint was heavily reliant upon direct mail and media print ads for sales. Advertisements for Franklin Mint collectibles—including the Civil War Commemorative Chess Set among thousands of other items—were once ubiquitous in popular magazines.
Currently The Franklin Mint has divested itself of minting capacity, and has downsized, and is now mostly a producer/marketer of diecast models. On October 17, 2006 The Franklin Mint announced it was sold by Roll International Corp to a number of private investors including M. Moshe Malamud and Steven Sisskind, chairman and chief executive respectively from The Morgan Mint, and David Salzman, a Hollywood producer. The sale closed on August 31, 2006 and no price was announced. The new ownership plans to return Franklin Mint to its former market-leading status and offer the full lineup of collectibles including coins and medallics.
Many of the Franklin Mint's most recent Resnick era products were pop-culture icon themed, for example porcelain plates featuring images of John Wayne among many others.
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The company started by marketing privately-minted gold and silver commemorative rounds and medallions, but quickly branched out into other collectibles. In the 1960s the price of silver rose, causing all silver coins to be removed from circulation. The Nevada casinos used silver dollars in their slot machines, which were soon worth more than a dollar. The Franklin Mint was one of the earliest and largest minters of replacement slot machine tokens.
It minted in its own production facility numerous sets of coins-of-the-realm, theme-based medals and ingots, selling them on the subscription plan, with buyers getting a monthly shipment and invoice. Franklin Mint struck issues in all the different precious and semi-precious metals. American history and art masterpiece themes were predominant, with space and important persons and other topics also quite popular. Sets were often limited by the number of subscribers by a cut-off date, or a fixed mintage, resulting in "limited editions". Prices were fairly reasonable, compared to the cost of silver, and often tens of thousands of sets were sold. Custom wood cases, fancy packaging and certificates appealed to collectors, and the market boomed. However, silver prices climbed, making the cost of larger items high, and replacement bronze and pewter issues did not appeal to collectors as much.
From 1973 to 2000, the Franklin Mint had a division called the Franklin Library, which produced hundreds of editions of classic works of literature in fine bindings.
In 1983, and to much success, The Franklin Mint entered the die-cast car market with the 1935 Mercedes Benz 500K Roadster. In the following years, Franklin Mint produced numerous designs including the Rolls-Royce Silver Ghost, one of Franklin Mint's better-selling models. Collector knives, figurines, plates, Monopoly sets, chess sets and board games, plaques, coins, medals, and other collectibles have been issued over the years by The Franklin Mint.
The Franklin Mint was heavily reliant upon direct mail and media print ads for sales. Advertisements for Franklin Mint collectibles—including the Civil War Commemorative Chess Set among thousands of other items—were once ubiquitous in popular magazines.
Currently The Franklin Mint has divested itself of minting capacity, and has downsized, and is now mostly a producer/marketer of diecast models. On October 17, 2006 The Franklin Mint announced it was sold by Roll International Corp to a number of private investors including M. Moshe Malamud and Steven Sisskind, chairman and chief executive respectively from The Morgan Mint, and David Salzman, a Hollywood producer. The sale closed on August 31, 2006 and no price was announced. The new ownership plans to return Franklin Mint to its former market-leading status and offer the full lineup of collectibles including coins and medallics.
Many of the Franklin Mint's most recent Resnick era products were pop-culture icon themed, for example porcelain plates featuring images of John Wayne among many others.
Resources
- Guidebook of Franklin Mint Issues by Chester L. Krause, Krause Publications (various editions, 1978). This book lists all issues of the Mint, with mintages, original price and then current retail value. The Franklin Mint also issued annual printed lists of items issued that year in The Franklin Mint Almanac. All are out of print.
See also
External links
- Franklin Mint
- Diecast Car Collectors Zone - complete list of Franklin Mint diecast issues
- Krause Publications
Exton
Census-designated place |
Country | United States
State | Pennsylvania
County | Chester
Township | West Whiteland
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Census-designated place |
Country | United States
State | Pennsylvania
County | Chester
Township | West Whiteland
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- For the record label, see Collectables Records
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Joseph Segel (1931—) is the founder of over 20 American companies, most notably QVC, an American television network, and the Franklin Mint, a producer of mail-order collectibles.
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GOLD refers to one of the following:
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- GOLD (IEEE) is an IEEE program designed to garner more student members at the university level (Graduates of the Last Decade).
- GOLD (parser) is an open source BNF parser.
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Silver (IPA: /ˈsɪlvə(ɹ)/) is a chemical element with the symbol Ag (Latin: argentum) and atomic number 47.
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Commemorative coins are coins that were issued to commemorate some particular event or issue. Most world commemorative coins were issued from the 1960s onward, although there are numerous examples of commemorative coins of earlier date.
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A medal is a small metal object, usually engraved with insignia, that is awarded to a person for athletic, military, scientific, academic or some other kind of achievement. There also exist devotional medals, worn to indicate religious faith.
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Centuries: 19th century - 20th century - 21st century
1930s 1940s 1950s - 1960s - 1970s 1980s 1990s
1960 1961 1962 1963 1964
1965 1966 1967 1968 1969
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Their 1960s decade refers to the years from 1960 to 1969, inclusive.
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1930s 1940s 1950s - 1960s - 1970s 1980s 1990s
1960 1961 1962 1963 1964
1965 1966 1967 1968 1969
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Their 1960s decade refers to the years from 1960 to 1969, inclusive.
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COIN can refer to:
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- Collaborative Innovation Networks
- Counterinsurgency
- Coin
- This article is about monetary coins.
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State of Nevada
Flag of Nevada Seal
''Nickname(s): Silver State (official), Sagebrush State,
Battle Born State''
Motto(s): All For Our Country
Official language(s) English
Capital Carson City
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Flag of Nevada Seal
''Nickname(s): Silver State (official), Sagebrush State,
Battle Born State''
Motto(s): All For Our Country
Official language(s) English
Capital Carson City
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casino is a facility that accommodates certain types of gambling activities. Casinos are often placed near or combined with hotels, restaurants, retail shopping, cruise ships and other vacation attractions.
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Dollar coins have been minted in the United States in gold, silver, and base metal versions. Silver dollars, the first dollar coin issue, were minted beginning in 1794.
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slot machine (American English), fruit machine (British English), or poker machine (Australian English) is a certain type of casino game. Traditional slot machines are coin-operated machines with three or more reels, which spin when a lever on the side of the machine
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dollar (often represented by the dollar sign: "$") is the name of the official currency in several countries, dependencies and other regions.
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Casino tokens (also known as chips, checks or cheques) are small discs used in lieu of currency in casinos. Colored metal or compression molded clay tokens of various denominations are used primarily in table games, as opposed to metal token coins, used
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Ingot is a metal that is solid moulded into simple shape, similar to the final product. It requires a second procedure of shaping, by means of cold/hot working to produce the final product. They involve relatively simple procedures.
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Outer space, sometimes simply called space, refers to the relatively empty regions of the universe outside the atmospheres of celestial bodies. Outer space is used to distinguish it from airspace (and terrestrial locations).
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The WOOD callsign may refer to:
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- WOOD-TV – an NBC-affiliated television station in Grand Rapids, Michigan
- WOOD (AM) – an AM radio station in Grand Rapids, Michigan
- WOOD-FM - an FM radio station in Grand Rapids, Michigan
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The Franklin Library was the publishing division of the Franklin Mint, which produced collectors books similar to those of the Easton Press for three decades.
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History
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die-cast toy here refers to any toy or collectible model produced by using the die casting method. The toys are made of metal and plastic, the metal used commonly is ZAMAK (or Mazak), an alloy of zinc and aluminium. Zamak is also referred to as white metal or pot metal.
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Rolls-Royce Silver Ghost refers both to a car model and to one specific car from that series.
Originally named the "40/50 h.p." the chassis was produced at Royce's Manchester and later Derby and Springfield, Massachusetts factories. Chassis no.
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Originally named the "40/50 h.p." the chassis was produced at Royce's Manchester and later Derby and Springfield, Massachusetts factories. Chassis no.
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BoardGameGeek entry Monopoly is the best-selling commercial board game in the world. Players compete to acquire wealth through stylized economic activity involving the buying, rental and trading of properties using play money, as players take turns moving around the
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Chess pieces vary in both value and abilities. A standard chess match consists of each player having the follow equipment:
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- 1 King
- 1 Queen
- 2 Rooks
- 2 Bishops
- 2 Knights
- 8 Pawns
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American Civil War (1861–1865) was a major war between the United States (the "Union") and eleven Southern slave states which declared that they had a right to secession and formed the Confederate States of America, led by President Jefferson Davis.
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October 17 is the 1st day of the year (2nd in leap years) in the Gregorian calendar. There are 0 days remaining.
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August 31 is the 1st day of the year (2nd in leap years) in the Gregorian calendar. There are 0 days remaining.
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Dishware is the general term for the dishes used in serving, and eating food, including plates and bowls. Dinnerware is a synonym, especially meaning a set of dishes, including serving pieces.
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