Thursday, May 31, 2007

Surf's Up Jackass

Proving yet again that marketing people aren't the brightest bulbs on the marquee: (link)
...To promote the upcoming film "Fantastic Four: Rise of the Silver Surfer," 20th Century Fox and The Franklin Mint altered 40,000 U.S. quarters to feature the character.

The U.S. Mint said in a news release Friday that it learned of the promotional quarter this week and advised the studio and The Franklin Mint they were breaking the law. It is illegal to turn a coin into an advertising vehicle, and violators can face a fine.

The federal mint did not say whether the studio or the private Franklin Mint would face a penalty.

The altered coins are quarters honoring the state of California that entered circulation in 2005. They feature George Washington on the front, but a colorized version of the character on the back. All 40,000 were slated to be in circulation throughout the country this week, and about 800 were released in each state.
I personally love the Franklin Mint's statement on this:
The Franklin Mint mainly produces collectibles or commemorative medallions. Unlike its other commemorative coins, these aren't being sold, said Franklin chairman Moshe Malamud. He said putting the character on the coin didn't alter the integrity of the coin.
You mean to tell me that it didn't occur to anyone that this would be a problem. Doesn't the Franklin Mint have a legal department?

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