page_title: The Franklin Mint
section_title: Changes in ownership
hierarchical_section_title: The Franklin Mint / Changes in ownership
caption_attribution_description: English: Empty "Franklin Mint Museum" building in "Wawa, PA" south of Media, Pennsylvania on Baltimore Pike (US 1) and Valley Drive, notheast corner (NEC). Building looks like it was built in 1960s and is across the street from the old Wawa Dairy Farms building. Franklin Mint is now defunct, but the brand name is used occasionally.
context_page_description: The Franklin Mint was 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, New York. It is currently owned by Retail Ecommerce Ventures. The Franklin Mint sells coins, medals, jewelry, die-cast vehicles, dolls, sculpture and other collectibles.
context_section_description: In 1980, Warner Communications (now part of WarnerMedia) 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. However, Warner retained Eastern Mountain Sports, a retailer that The Franklin Mint had acquired in the 1970s, as well as The Franklin Mint Center, which it leased back to API. API was renamed Roll International in 1993. During the early 2000s, Roll International wound down much of the Franklin Mint business. On August 31, 2006, Roll International Corp sold the remaining assets of The Franklin Mint to a group including private equity investors led by M. Moshe Malamud, David Salzman and Steven J. Sisskind, who have extensive experience in the art, collectibles, media, entertainment and direct marketing industries. 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.
caption: The since demolished Franklin Mint Museum next to the former headquarters in Wawa, Pennsylvania.
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