Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Notes on the Old Franklin Mint
>
Reply to Thread
Message:
<p>[QUOTE="GSDykes, post: 2192642, member: 73321"]I may want to ask you some further questions. I stopped at 1980 as that was when their mint basically quit producing quality products. The new owners were not numismatically oriented. As to the Princess Diana affair, which occurred AFTER 1980, note this quote from Wikipedia:</p><p><br /></p><p><font size="5"><b>Diana, Princess of Wales Memorial Fund vs Franklin Mint </b></font>Following the death of Diana, Princess of Wales, the <a href="https://en.wikipedia.org/wiki/Diana,_Princess_of_Wales_Memorial_Fund" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Diana,_Princess_of_Wales_Memorial_Fund" rel="nofollow">Diana, Princess of Wales Memorial Fund</a> was granted intellectual property rights over her image. In 1998, after refusing the Franklin Mint an official license to produce Diana merchandise, the fund sued the company, accusing it of illegally selling Diana dolls, plates and jewelry. In California, where the initial case was tried, a suit to preserve the <i>right of publicity</i> may be filed on behalf of a dead person, but only if that person is a Californian. The Memorial Fund therefore filed the lawsuit on behalf of the estate, and upon losing the case, was <span style="color: #ff0000">countersued</span> by Franklin Mint in 2003. In November 2004, the case was settled out of court with the <span style="color: #ff0000">Diana Memorial Fund agreeing to pay £13.5 million (US $21.5 million)</span> to charitable causes on which both sides agreed. In addition to this, the Diana, Princess of Wales Memorial Fund had spent a total of close to £4 million (US $6.5 million) in costs and fees relating to this litigation, and as a result froze grants allocated to a number of charities.</p><p>end quote</p><p><br /></p><p><font size="4">It would appear that the Mint suffered little damage from this. I think most of the damage occurred with the fluctuating prices of silver and gold, and the 60 Minutes accusations, these all occurred at about the same time. The offer from Warner communications was attractive.</font>[/QUOTE]</p><p><br /></p>
[QUOTE="GSDykes, post: 2192642, member: 73321"]I may want to ask you some further questions. I stopped at 1980 as that was when their mint basically quit producing quality products. The new owners were not numismatically oriented. As to the Princess Diana affair, which occurred AFTER 1980, note this quote from Wikipedia: [SIZE=5][B]Diana, Princess of Wales Memorial Fund vs Franklin Mint [/B][/SIZE]Following the death of Diana, Princess of Wales, the [URL='https://en.wikipedia.org/wiki/Diana,_Princess_of_Wales_Memorial_Fund']Diana, Princess of Wales Memorial Fund[/URL] was granted intellectual property rights over her image. In 1998, after refusing the Franklin Mint an official license to produce Diana merchandise, the fund sued the company, accusing it of illegally selling Diana dolls, plates and jewelry. In California, where the initial case was tried, a suit to preserve the [I]right of publicity[/I] may be filed on behalf of a dead person, but only if that person is a Californian. The Memorial Fund therefore filed the lawsuit on behalf of the estate, and upon losing the case, was [COLOR=#ff0000]countersued[/COLOR] by Franklin Mint in 2003. In November 2004, the case was settled out of court with the [COLOR=#ff0000]Diana Memorial Fund agreeing to pay £13.5 million (US $21.5 million)[/COLOR] to charitable causes on which both sides agreed. In addition to this, the Diana, Princess of Wales Memorial Fund had spent a total of close to £4 million (US $6.5 million) in costs and fees relating to this litigation, and as a result froze grants allocated to a number of charities. end quote [SIZE=4]It would appear that the Mint suffered little damage from this. I think most of the damage occurred with the fluctuating prices of silver and gold, and the 60 Minutes accusations, these all occurred at about the same time. The offer from Warner communications was attractive.[/SIZE][/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Notes on the Old Franklin Mint
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...