In the introduction to the Michel Automaten-Spezial catalog, there are profiles of the important computer/vending machine manufacturers of ATM stamps. Regarding the Swiss company Frama AG, Michel refers to them as "the pioneer of this area of postal automation.
If a person searches through cover boxes at stamp shows, he/she may well find Swiss metered covers which look very much like "Frama" covers. Technically, they probably are Frama covers, because Frama manufactured meter machines for the Swiss postal service long before the concept of self-serve, variable rate stamps for individual customers was applied.
Meters are created and applied by postal employees , or office employees for immediate, specific use, whereas ATM stamps are purchased from a postal vending machine, and can be used at any time in the future.
Here are four Swiss meter items, and one Swiss ATM stamp. Perhaps four were created/printed on Frama equipment. It is certain that two were.
The first pic shows an official meter of the town of Lausanne. Cancel is 18.4.46. It appears that the labels were on a perforated coil roll.
Second pic is a metered business cover of the Luwa S.A. of Zurich. Cancel is 15.XII.58.
Third pic is self-adhesive, die cut meter. Cancel is 1.7.74. This is very unlikely to be a Frama printing. All Framas that I have ever seen, have water soluble gum.
Fourth pic is meter with Zurich 20.6.85 cancel. Yellow background printing on label is "FRAMA" in repeated lines. This label appears to have been on a rouletted coil roll.
Fifth pic is an actual Swiss ATM stamp issued in 1993. It is Michel #5.
Note how similar the designs are from 1946 - 1993. All have the post horns,Swiss crosses, and "P" on both sides of the value tablet.




