The history of LEUCHTTURM publishing house began in 1917 with the founding of the KABE publishing house by lithograph Paul Koch in Aschersleben, in the state of Saxony-Anhalt, Germany. KABE is an abbreviation of Koch and Bein, Bein being the name of Paul Koch’s business partner. The company still produces KABE stamp albums today and also makes coin albums under the Komet brand. Paul Koch had to sell his first company in the 1930s. After the War, Koch succeeded in founding a new company in Hamburg in 1948 – LEUCHTTURM publishing house, which also produced stamp albums.