Franklin Mint Silver Coins Galore
The Franklin mint Corporation is a private company which was established in the 1960s in Pennsylvania. It produces one of the most iconic coin like collectibles known as the Franklin mint Silver coin.
The man behind the formation of the private corporation was Joseph Segal. Generally Franklin Mint productions have been considered in the past to be the select item for lower income classes. This is the perception held by the majority of Americans.
Initially the company promoted its private minted gold and silver guineas and memorial medals. Then with the passage of time, they branched out into the production of other collectibles.
The sudden increase in the value of silver in the 1960s caused silver coins to fall out of domestic exchange in that decade. An interesting fact of the times is that some casinos were using silver coins in slot machines which obviously became worth more than the silver dollar!
To its credit the Franklin mint silver coin became the first certified replacement of the US silver dollar coin to be used as slot machine tokens.
This massive production capacity in Pennsylvania has the capacity to produce numerous sets of ingots, coins and themed medallions. These were sold on a shipment basis and buyers had to order periodically through a subscription plan.
Although Franklin Mint silver coins are the most popular of all the company's productions, silver was not the only medium used by the company. In fact the company ventured into producing special coin-like collectibles out of various precious and semi-precious metals.
These extensions to the range are often theme based and used the classic are masterpieces to create different appealing designs. Some of the products even feature celebrated and popular personalities.
The competitive pricing of the coins resulted in huge orders consequently contributing to their popularity.
The Mint went onto enhance the value of the collectibles by crafting beautiful wooden cases in custom packing along with fancy elegant packing that further enhanced the presentation of the product. Special certificates were also issued for the individual pieces and established the authenticity and charm of the pieces.
Of course the company met its objective of driving up the purchase price, this was around the same time as the cost of silver rose in the local and domestic markets.
The company then had to make use of pewter and bronze to make their products more affordable for the masses. But naturally pewter and bronze did not have the same effect on the collectors as did silver and hence the new line of collectibles did not become as popular as Franklin Mint silver coins. - 23208
The man behind the formation of the private corporation was Joseph Segal. Generally Franklin Mint productions have been considered in the past to be the select item for lower income classes. This is the perception held by the majority of Americans.
Initially the company promoted its private minted gold and silver guineas and memorial medals. Then with the passage of time, they branched out into the production of other collectibles.
The sudden increase in the value of silver in the 1960s caused silver coins to fall out of domestic exchange in that decade. An interesting fact of the times is that some casinos were using silver coins in slot machines which obviously became worth more than the silver dollar!
To its credit the Franklin mint silver coin became the first certified replacement of the US silver dollar coin to be used as slot machine tokens.
This massive production capacity in Pennsylvania has the capacity to produce numerous sets of ingots, coins and themed medallions. These were sold on a shipment basis and buyers had to order periodically through a subscription plan.
Although Franklin Mint silver coins are the most popular of all the company's productions, silver was not the only medium used by the company. In fact the company ventured into producing special coin-like collectibles out of various precious and semi-precious metals.
These extensions to the range are often theme based and used the classic are masterpieces to create different appealing designs. Some of the products even feature celebrated and popular personalities.
The competitive pricing of the coins resulted in huge orders consequently contributing to their popularity.
The Mint went onto enhance the value of the collectibles by crafting beautiful wooden cases in custom packing along with fancy elegant packing that further enhanced the presentation of the product. Special certificates were also issued for the individual pieces and established the authenticity and charm of the pieces.
Of course the company met its objective of driving up the purchase price, this was around the same time as the cost of silver rose in the local and domestic markets.
The company then had to make use of pewter and bronze to make their products more affordable for the masses. But naturally pewter and bronze did not have the same effect on the collectors as did silver and hence the new line of collectibles did not become as popular as Franklin Mint silver coins. - 23208
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Silver dollar coins are becoming increasingly popular as investments. For further info on Silver Franklin Mint coins please follow the links.
posted by X - Men @ 2:26 AM
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