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<p>[QUOTE=&quot;Long Beard, post: 8535685, member: 108674&quot;]Nowadays, so many people rip on the Franklin Mint simply because of that Victorian cat image it conjures up. Joseph Segel was a brilliant entrepreneur who capitalized on two major events of the mid-late sixties. One, silver as a metal had exceeded the coinage value, and due to hoarding the switch to clad composition occurred. Second, with John F. Kennedy&#039;s assassination and the resulting popularity of the Kennedy half dollar, General Douglas MacArthur had also recently passed. Sensing that an adoring public of the General deserved a similar commemorative he set out to create a sterling silver coin about the size of the British crown. His initial offerings, through mail order club, much like that of the long gone Columbia House music, was a tremendous success. He also hired former Mint Engraver, Frank Gasparo who produced numerous designs. The popularity peaked around the American Bicentennial. He&#039;s also the founder of QVC which is still broadcasting on cable. So yeah, the guy was a business genius. Not only in collector medals and other products, but national currencies world wide.[/QUOTE]</p><p><br /></p>

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