ANNEX 5
Notes on Promotional Companies and Mints
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.
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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 coin, Franklin specialised
mostly in Las Vegas gambling tokens but by end 1976 world-wide coin
and medal sales had totalled $600 mn. Present press reports suggest
that Franklin may be encountering "earnings trouble" as a result
primarily of a slump in medallion sales.
ITALCAMBIO C.A.
Edificio 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
operations:
L.Maso
Company is involved in research, design, minting and promotion
Claims to have six divisions operating in France, Italy,
Switzerland, US, Venezuela and West Germany. Sales are made through
some 50,000 bank branches in Europe and through mail order and credit
card facilities in Europe and the US.
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