General info :
The Franklin Mint is the business name of a private mint founded by Joseph Segel in 1964 in Wawa, Pennsylvania. The building is in Middletown Township. The brand name was previously owned by Sequential Brands Group headquartered in New York City. It is currently owned by Retail Ecommerce Ventures (REV). The Franklin Mint sells coins, medals, jewelry, die-cast vehicles, dolls, sculpture and other collectibles. In 1983, after Warner Communications had purchased The Franklin Mint, the company entered the diecast vehicle market, starting with the 1935 Mercedes Benz 500K Roadster. Usually the cars were labeled as Franklin Mint Precision Models. In the following years, Franklin Mint produced more than 600 different issues of motorcycles, trucks and tractors besides automobiles. In 1980, Warner Communications purchased The Franklin Mint for about $225 million. The combination was short lived: Warner sold The Franklin Mint in 1985 to American Protection Industries, Inc. (API) for $167.5 million. The Franklin Mint brand was purchased in November 2013 by Sequential Brands Group. It was later acquired by Retail Ecommerce Ventures (REV) in July 2020, a holding company that was founded by former NASA scientist Alex Mehr and his business partner, serial entrepreneur Tai Lopez.
Relations :
Founded by
[1964]
:
Joseph Segel
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Brand name used by
[1985 - 2013]
:
American Protection Industries Inc.
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Brand name used by
[1980 - 1985]
:
Warner Communications, Inc.
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