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Advice For Collecting Franklin Halves

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Bedrock of the Community
United States
10038 Posts
 Posted 01/16/2016  11:26 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list
Welcome! Use numismedia.com for a much better price list than RedBook. The RedBook is always - and always has been - way to high in its values. But this is somewhat understandable since they have to make the book's contents the year before its printed and cannot dynamically update the prices like a website can. The book's main practical use is the historic backgrounds and mintage figures.

Also remember that coins can be toned by albums over time.
How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
Pillar of the Community
United States
1191 Posts
 Posted 01/17/2016  02:48 am  Show Profile   Bookmark this reply Add LibertyEagle20 to your friends list
I suggest going for the FBL distinction as well if you can. There are a few that will likely be too expensive with FBL though so you may have to just go with a regular MS on those few.
Pillar of the Community
United States
2815 Posts
 Posted 01/17/2016  06:15 am  Show Profile   Bookmark this reply Add Darth Morgan to your friends list
Don't be afraid of ebay. I do most of my shopping there. I would go with a slabbed set. It's certainly doable in the grades you're after, and there aren't a gazillion different coins in this set. That's a plus.
Rest in Peace
United States
18456 Posts
 Posted 01/17/2016  09:36 am  Show Profile   Bookmark this reply Add T-BOP to your friends list
Your new to collecting coins. starting with Franklins might be a little too hard for you right now. So keep eye appeal foremost when your ready to buy. as most others have said go with the graded slabbed coins. but don't just go by what is printed on the slab label. some members quote ; Buy The Coin Not The Slab. I don't know what your budget is ,but MS-63 Franklins is not the way I would go. you don't have to go with FBL ,but at least keep them all at MS-64-65 . Good luck.
Valued Member
United States
245 Posts
 Posted 01/17/2016  10:59 am  Show Profile   Bookmark this reply Add fyimo to your friends list
You have received a lot of good advice here so far and I agree with the buying certified coins in slabs as then you are sure of the grade you are getting. That said you should look at the coins closely to determine if the look (eye appeal) of the coin fits what you like. Some people only want blast white coins with no toning and others like the toning if it's pretty and only the buyer can determine what he likes.
I also collect Franklin half dollars and I have two high end sets of raw coins and I'm currently working on a certified set and I have it about 1/4 of the way complete. The Franklins with Full Bell lines are nice but they can cost significantly more than the same grade without the full bell lines so only you can decide if it's worth it to you.
I buy most of my coins off of ebay and I only buy coins that have sharp clear pictures of the coin, an accurate description, and I only buy from sellers with lots of feedback that is all positive. You should also be aware that a lot of the main stream dealers are selling on ebay because it's such a strong market for them.
Pillar of the Community
United States
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 Posted 01/17/2016  11:50 am  Show Profile   Bookmark this reply Add KenKat to your friends list
Sticking with slabbed coins is a good way to learn how to grade Franklins and you will avoid big mistakes that way. The down side is that bargains will be hard to come by.

One problem with online coin dealers is that everyone seems to want top dollar for their coins. Dealers seem to put their coin out there at 30-50% above retail and then they just sit. The same thing seems to be true on ebay for Buy It Now as well. I would stick to looking at ending competitive bid auction prices on sites such as ebay, Heritage or Great Collections to get an idea of real world prices and then look to buy at coin shows, dealers or online in the neighborhood of those prices.

For every coin I am looking for, I have a target price range and try to be patient. If I was willing to pay the 30-50% above retail that dealers seem to want, I could finish my list today. But I am not willing to do that, so I wait.
Pillar of the Community
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7192 Posts
 Posted 01/17/2016  1:29 pm  Show Profile   Bookmark this reply Add muddler to your friends list
The Franklyn set was the first I completed but I was able to acquire most from circulation. So in revisiting the design I did not want to repeat the collection and delved in cameo proofs. These require being graded and slabbed and it has become apparent that few dealers have any quantity of cameo proof Franklyn's forcing me to use ebay to develop my set.

If your goal is higher graded coins I to suggest getting yours in graded slabs. I like the fact I have a set used for commerce that has been passed from hand to hand and my current set produced for collectors never intended to circulate. Good luck on your endevour and post your additions.

Advice-For-Collecting-Franklin-Halves

Advice-For-Collecting-Franklin-Halves

Advice-For-Collecting-Franklin-Halves

Advice-For-Collecting-Franklin-Halves
Valued Member
United States
104 Posts
 Posted 01/17/2016  3:05 pm  Show Profile   Bookmark this reply Add logantrky to your friends list
Wow, thank you all so much for your advice. This is REALLY helping me out. Keep it coming!

I am going to keep an eye out for a 1948-P Franklin in MS-65 condition. Not a big fan of the toning (although I can appreciate its appeal). I am really drawn to the blast-white coins.



@muddler: Thanks for showing part of your collection. That 1954 is beautiful!
Edited by logantrky
01/17/2016 3:06 pm
Pillar of the Community
United States
4409 Posts
 Posted 01/17/2016  4:09 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list
Proof Franklin halves can suffer from milk spots and hairlines. Coins with heavy milk spots and hairlines will be less desirable than ones without those problems.

-MV
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2815 Posts
 Posted 01/17/2016  4:16 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list
Yes, that '54 is really nice.
Pillar of the Community
United States
500 Posts
 Posted 01/18/2016  10:19 am  Show Profile   Bookmark this reply Add Coinfusion to your friends list
and keep us posted with your progress. Franklin is a great set to start with!

Valued Member
United States
126 Posts
 Posted 04/15/2016  6:35 pm  Show Profile   Bookmark this reply Add OldWest to your friends list

Quote:
Proof Franklin halves can suffer from milk spots and hairlines. Coins with heavy milk spots and hairlines will be less desirable than ones without those problems.
Why are the Franklins susceptible to milk spots. Incidentally, I have a slabbed Jefferson nickel cameo proof with milk spots.
Pillar of the Community
United States
1211 Posts
 Posted 04/15/2016  9:47 pm  Show Profile   Bookmark this reply Add Hondo to your friends list
Welcome to the world of Bens!

Here is my simple and honest advice. Buy a dansco album and fill it with the coins that appeal to you. Don't shoot for a grade, shoot for a "look" at a price reasonable to you.

If you come across a slabbed coin or two, pick them up if you like them, then use them to work on your eye and grading skills.

No raw coin in this set will bust your budget, but it is a real thrill to finish.

Your taste and eye will become much more polished and you can decide if you enjoy raw coins, slabbed coins, toners, FBL etc.

Personally, I did this and finished my first dansco. I then moved onto slabbed proofs, minimum grade of 65cameo, and am also working on my second dansco.

At this point, don't worry as much about grades or investments. Learn the series and familiarize yourself with the coins you're attracted to... Over time you will figure out which direction you want to go!

Enjoy.
Edited by Hondo
04/15/2016 9:48 pm
Pillar of the Community
United States
717 Posts
 Posted 04/16/2016  10:18 am  Show Profile   Bookmark this reply Add gymcoachdon to your friends list
Franklin's were my first set as well. I found about 4 stores near my home and work, and stopped by as often as possible to Che k the junk silver for Franklin's. Over the course of 3 months or so, I was able to complete a circulated set in a Dansco album. I have a good relationship with a local shop, he has kept Franklin's aside for me when someone sold a set to him. He has since cone the same with other series I have collected. I am now working on an uncirculated Dansco with raw coins from the same coin store. Develop a good relationship with a coin shop, read as much as you can here and elsewhere. Good luck and have fun searching!
Bedrock of the Community
United States
10038 Posts
 Posted 04/16/2016  12:20 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list
Forgot I already posted here - but thought of a couple more:

The clash known as a Bugs Bunny occurs in more than just the 1955, although the 1955 is typically the only one widely known. These can be fun to look for. Coop has a great graphic in a thread on some of the other dates (use search).


Advice-For-Collecting-Franklin-Halves

Advice-For-Collecting-Franklin-Halves


Quote:
Edit: I am also looking for some reputable online dealers. I'm trying to stay away from ebay. Feel free to PM me any suggestions. :)

My local coin shop has a large ebay following as well. I implicitly trust this guy. He is the only dealer I ever knew who, when I bought a nicer coin from him, told me the slab number he had broken it out of so I could look it up on the auction he won it from!

His ebay name is oozentoo.
http://stores.ebay.com/Antietam-Coi...047675.l2563

He is a former police officer and now owner/operator of Antietam Coin Exchange in Hagerstown, MD. When I go to the shop for something on his ebay store, he automatically deducts from the price (at least) what he would have to pay in ebay fees and shipping.
How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
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