From another site
I am a padlock collector from Lancaster, PA. I am currently researching a book on the padlock companies of Lancaster. I have tons of info about the Fraim lock companies. 1879 Fraim and Bros (also Keystone Lock Works) - Edward T (E T) Fraim, Parker K Fraim and Miller W Fraim. In about 1890 MW and PK left to form Lancastwer Silver Plate Co. Sons Walter E and Samuel R entered the business, and took over upon ETâs death in 1917. However, by 1920 Samuel bought out Walter. Within ayear Walter bought a major interest in Slaymaker Lock Co, and formed Fraim-Slaymaker Hardware Co. This was in direct competition with brother Samuelâs company! Samuel Râs oldest son Samuel E joined Fraim in his fathers business. Edward T Fraim II followed in 1933. The lock company ended about 1959. I have no information on descedndents of ET II nor of Samuel E. I would welocme any info on descendents or on the lock companies.
Credit: Mike Mastros
Re: Fraim Lock Company, Lancaster Pa. - Fraim - Family History & Genealogy Message Board - Ancestry.com
So that covers the company. As to the value I would say about $10-20