Medal - Amway Free Enterprise Day
1973 year| Bronze | 15.9 g | 34 mm |
| Location | United States |
|---|---|
| Period | Federal republic (1776-date) |
| Type | Medals › Commemorative medals |
| Year | 1973 |
| Composition | Bronze |
| Weight | 15.9 g |
| Diameter | 34 mm |
| Shape | Round |
| Technique | Milled |
| Orientation | Medal alignment ↑↑ |
| Updated | 2024-11-13 |
| Numista | N#408378 |
|---|---|
| Rarity index | 95% |
Reverse
Conference logo and details of the event.
Script: Latin
Lettering:
FREE ENTERPRISE DAY
KNOTT'S BERRY FARM SEPTEMBER 8, 1973
Edge
Plain
Comment
The medal commemorates a 1973 conference of the multi-level marketing company, Amway.
Amway (short for "American Way") is an American multi-level marketing (MLM) company that sells health, beauty, and home care products.[2][3][4] The company was founded in 1959 by Jay Van Andel and Richard DeVos and is based in Ada, Michigan.[5] Amway and its sister companies under Alticor reported sales of $8.9 billion in 2019.[1] It is the largest multi-level marketing company in the world by revenue.[6] It conducts business through a number of affiliated companies in more than a hundred countries and territories.
Amway has been investigated in various countries and by institutions such as the Federal Trade Commission (FTC) for alleged pyramid scheme practices. It has never been found guilty, though it has paid tens of millions of dollars to settle these suits.
