ANNEX II
Notes on Promotional Companies and Mints
1. FRANKLIN MINT CORP
Incorporated in Pennsylvania 22nd July 1964 as General
Numismatics Corp. Name changed to Franklin Mint Inc. on 1st June
1968: present name adopted 29th March 1972.
Issued Capital:
Total Assets:
President:
Chairman:
Vice-Chairman:
Wholly-owned UK subsidiary:
$415,000 (end 1975)
$138.32 mn.
B.G. Harrison
C.L. Andes
N. Klauder
John Pinches (Medallists) Ltd.
Franklin designs, manufactures and sells coins, medals and
non-medallic items for sale to collectors, commercial accounts and
retail customers.
Also produces circulatory coinage for a number of
foreign countries and is considered to be the world's largest mint.
Prior to the upsurge in demand for numismatic coins, Franklin
specialised mostly in Las Vegas gambling tokens but by end 1976
world-wide coin and medal sales had totalled $600mn. Present
press reports suggest that Franklin may be encountering "earnings
trouble" as a result primarily of a slump in medallion sales.
2. ITALCAMBIO C.A.
Edicicio America, Esquina Veroes, Caracas, Venezuela.
Established in 1947 as Cambio Italico Financiador.
name adopted in 1960.
Present
Capital:
President:
Directors:
Bs.1 mn. (US$222,200)
Mario Pizzorni
B.Galofaro
L.Maso
Company is involved in research, design, minting and promotion
operations.
Claims to have six divisions operating in France,