Littleton Coin Company
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| Private | |
| Founded | 1945 |
| Founder | Maynard & Fannie Sundman |
| Headquarters | Littleton, New Hampshire |
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Key people
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| Products | Coins, Paper Money, Coin Supplies |
| Revenue | $50 million (2017 est.) |
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Number of employees
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315 (2017) |
| Website | www |
Littleton Coin Company is an employee-owned privately held major American mail order and retail company focused on numismatic (currency) collectibles and based in Littleton, New Hampshire. The company focuses largely on U.S. coins and world coins, as well as a variety of paper money and ancient coins. Largely focused on direct mail, Littleton publishes catalogs several times yearly and has a "coins-on-approval" program.
As is the case with many numismatic firms, the history of the Littleton Coin Company is part and parcel of the biography of an individual. Company founder F. Maynard Sundman was born October 17, 1915, in New Britain, Connecticut, the only child of a couple living on a 3.5 acre farm located just northeast of that town. Sundman's paternal grandfather and grandmother had emigrated to the United States from Sweden and Norway, respectively. His grandfather worked as a foreman in a lock factory, his grandmother a committed gardener and homemaker. Both were deeply important to Maynard Sundman during his formative years.
About 1927 or 1928, when Maynard was a boy of 12, he was captivated by the postage stamp collection of a young friend. Sundman began to build a collection of his own, purchasing stamps by mail order from the Herbert A. Kegwin Company of Middletown, New York, one of about 50 American philatelic retailers of the day. His collecting interest spread and Sundman was soon subscribing to Mekeel's Weekly Stamp News, a publication which gradually taught him the mechanics of mail order "approval sales," in which customers were periodically provided with numerous groups of stamps for sale. The recipient would then select the lots desired, returning the bulk of the consignment with payment. This would prove to be the business model use by Sundman and his Littleton Coin Company in later years.
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