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<p>[QUOTE="mkwelbornjr, post: 1650113, member: 17034"]is a false quote. I know Franklin Mint better than anyone here as a hobbyist. FM has really not offered any coins in any significant numbers over the past 20 years to rack up a investment as big as that guy states he spent. And FM never really telemarketed. They sold stuff that was themed. Not investment style coins. Plus, I am also familiar with the issue prices of any medallic or coins FM sold over the decades. The prices were similar for certain products. Even at full issue price...the collections would be worth double or triple just based on current silver spot alone. Again the guy allegedly went to a dealer. Bad move. Lets take a medal from the 1970's Genius of Rembrandt. Stunning 2 ounce medals..set of 100 in American wood chest. $15 each issue price. </p><p><br /></p><p>I saw the article by that Berko guy on collectible investments etc. He even showed non FM programs as FM programs and his prices were not even for the same product. It was probably put out by the competition to harm FM's attempts at rebuilding.</p><p><br /></p><p>Also, some people try to sell their "mint" old Franklin Mint items...but they are musty and dirty...not new. Some just don't understand that.</p><p><br /></p><p>Pre-2003 Franklin Mint designed and manufactured outstanding products. You got what you paid for. They emplpoyed some of the best talent in the industry. But they never advertised them as investments. That theme goes to the roots of their founding in 1964. (selling items as investments always creates a collapse as the product is oversold and underdelivers) FM minting quality is by far superior to most mints out there. The coins and medals...as well as collectibles made using coining processes were outstanding. Some are good investments too...but only because of supply and demand and not because they are called collectibles. FM has been around a long time...lots of fans for their exonumia, model cars etc. These are core collectors that know what they are collecting. Some model cars were tested and sold poorly. These become valuable rarities to core collectors. Or variations in production. These are all things the common buyer has no clue about. To get the most out of re-selling you need to sell to the collector on a global basis. I had a 2003 Franklin Mint Christmas Truck model which cost me $120. I sold it to a guy in China for $450. You have to understand the product and make the sale happen. You can't unload it all on the local coin dealer who does not have the client base that buys that type of product. </p><p><br /></p><p>I purchase the newer coins developed by Franklin Mint Japan. I love them even though they are marked up a lot. They offered a 1/2 ounce Gold Liberian Charles Chaplin Coin. It sold for $1200. About 3 times the value of gold at the time. I ended up with 2. I wanted to try and get my cost out of one so put it on Ebay...globally. Was patient but it sold at issue price to a German collectors. It can be done. You have to be informed and you have to educate your prospective buyer. Again you can't just bring a boxload of stuff in a store and say "how much is this worth."</p><p><br /></p><p>As far as quality...hold any FM medal or world coin up next to the best from the big mints...you will be impressed.</p><p><br /></p><p>As far as the decline of Franklin Mint...it was poor management that abandoned the core collector and chased after mass market with $30 plates and pocket knives. The $30 items were well made but expensive to develop. FM would take a loss on #1 and bring in 100,000 people from a newspaper ad...and hope to profit off additional products those people purchased. It didn't happen.</p><p><br /></p><p>FM lost their minting and all else. They are a different company now with new small owners. However they are trying hard. The Founding Fathers medals are very well developed and made in USA. As good as the old stuff. And no mention of investment or anything. Its about the history lesson. The medals are cheaper priced than some made in china trinket one would buy at Target or WalMart.</p><p><br /></p><p>Here are some pics of FM items...all made by them. This is a drop in the bucket though. The colors on the calendar medal were a laser process that FM tried and dropped as it was too costly and damaged lots of product.</p><p><br /></p><p>[ATTACH]240279.vB[/ATTACH][ATTACH]240278.vB[/ATTACH][ATTACH]240276.vB[/ATTACH][ATTACH]240280.vB[/ATTACH][ATTACH]240277.vB[/ATTACH]That[/QUOTE]</p><p><br /></p>
[QUOTE="mkwelbornjr, post: 1650113, member: 17034"]is a false quote. I know Franklin Mint better than anyone here as a hobbyist. FM has really not offered any coins in any significant numbers over the past 20 years to rack up a investment as big as that guy states he spent. And FM never really telemarketed. They sold stuff that was themed. Not investment style coins. Plus, I am also familiar with the issue prices of any medallic or coins FM sold over the decades. The prices were similar for certain products. Even at full issue price...the collections would be worth double or triple just based on current silver spot alone. Again the guy allegedly went to a dealer. Bad move. Lets take a medal from the 1970's Genius of Rembrandt. Stunning 2 ounce medals..set of 100 in American wood chest. $15 each issue price. I saw the article by that Berko guy on collectible investments etc. He even showed non FM programs as FM programs and his prices were not even for the same product. It was probably put out by the competition to harm FM's attempts at rebuilding. Also, some people try to sell their "mint" old Franklin Mint items...but they are musty and dirty...not new. Some just don't understand that. Pre-2003 Franklin Mint designed and manufactured outstanding products. You got what you paid for. They emplpoyed some of the best talent in the industry. But they never advertised them as investments. That theme goes to the roots of their founding in 1964. (selling items as investments always creates a collapse as the product is oversold and underdelivers) FM minting quality is by far superior to most mints out there. The coins and medals...as well as collectibles made using coining processes were outstanding. Some are good investments too...but only because of supply and demand and not because they are called collectibles. FM has been around a long time...lots of fans for their exonumia, model cars etc. These are core collectors that know what they are collecting. Some model cars were tested and sold poorly. These become valuable rarities to core collectors. Or variations in production. These are all things the common buyer has no clue about. To get the most out of re-selling you need to sell to the collector on a global basis. I had a 2003 Franklin Mint Christmas Truck model which cost me $120. I sold it to a guy in China for $450. You have to understand the product and make the sale happen. You can't unload it all on the local coin dealer who does not have the client base that buys that type of product. I purchase the newer coins developed by Franklin Mint Japan. I love them even though they are marked up a lot. They offered a 1/2 ounce Gold Liberian Charles Chaplin Coin. It sold for $1200. About 3 times the value of gold at the time. I ended up with 2. I wanted to try and get my cost out of one so put it on Ebay...globally. Was patient but it sold at issue price to a German collectors. It can be done. You have to be informed and you have to educate your prospective buyer. Again you can't just bring a boxload of stuff in a store and say "how much is this worth." As far as quality...hold any FM medal or world coin up next to the best from the big mints...you will be impressed. As far as the decline of Franklin Mint...it was poor management that abandoned the core collector and chased after mass market with $30 plates and pocket knives. The $30 items were well made but expensive to develop. FM would take a loss on #1 and bring in 100,000 people from a newspaper ad...and hope to profit off additional products those people purchased. It didn't happen. FM lost their minting and all else. They are a different company now with new small owners. However they are trying hard. The Founding Fathers medals are very well developed and made in USA. As good as the old stuff. And no mention of investment or anything. Its about the history lesson. The medals are cheaper priced than some made in china trinket one would buy at Target or WalMart. Here are some pics of FM items...all made by them. This is a drop in the bucket though. The colors on the calendar medal were a laser process that FM tried and dropped as it was too costly and damaged lots of product. [ATTACH]240279.vB[/ATTACH][ATTACH]240278.vB[/ATTACH][ATTACH]240276.vB[/ATTACH][ATTACH]240280.vB[/ATTACH][ATTACH]240277.vB[/ATTACH]That[/QUOTE]
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