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The Franklin Mint was originally a private mint founded by Joseph Segel in 1964 in Wawa, Pennsylvania. The company is now owned by a private equity firm headquartered in Midtown Manhattan New York City, NY and Exton, Pennsylvania. The Franklin Mint manufactured and marketed coins, jewelry, die-cast vehicles, dolls, sculpture and other collectibles. The Franklin Mint has two fulfillment centers located in Pottstown, PA and Edison, NJ.
For five decades The Franklin Mint produced and marketed "collectibles". Their product line began with manufacturing and marketing privately-minted gold and silver commemorative rounds and medallions, but branched out into other collectibles. The Franklin Mint was one of the earliest and largest minters of slot machine tokens. The private mint operated from Wawa, Pennsylvania, but that operation has now closed and moved to New York City.
Within its own production facility the Franklin Mint made coins for foreign countries, theme-based medals and ingots, plus many other minted items such as wall-plaques, appliques for other collectibles, and embossed or etched sterling silver plates. Many of Franklin Mint's products were sold via subscription plan, with buyers receiving monthly shipments with invoices.
Franklin Mint also struck issues in many precious and semi-precious metals. American history and art masterpiece themes were predominant, with space, celebrities and important persons in the media being common topics. Sets were often limited by the number of subscribers, by a cut-off date or a fixed mintage, resulting in "limited editions". In early 2002, The Franklin Mint made the last pieces in its own mint with later issues produced by other companies.
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