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Ben Franklin 1/2s

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 Posted 07/07/2009  12:57 pm  Show Profile   Bookmark this reply Add Kabiye_Lady to your friends list
We'll need a few more cycles of silver going over $20/oz. before the number of Frankies vs. # of collectors will be small enough to merit keys or semi-keys.

However, as with almost any series, you'll find certain ones more difficult to buy at "fair" or "catalog" prices than others. The obvious one is the 1955. Nod - you're a lucky collector - $5 - Ha! Good luck on a typical day to get even close to that. Same would apply to the early dates in general.

The Franklin set is interesting because the mintages just really aren't that high. Ignoring a few years where 20-35 million per mint mark were minted, the average is 2.5 - 7 million a year per mint mark! That's really, really low for such n available collector coin!

Maybe someday the Franklin ship will come in!
Edited by Kabiye_Lady
07/07/2009 12:59 pm
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 Posted 07/07/2009  1:02 pm  Show Profile   Bookmark this reply Add TNG to your friends list
I am a fan of the 1949 P D and S myself in higher grades. Others in high grade would be the 1948 D 1950 1950 D and 1951 S. Any Franklin in Super high grade with well struck details and deep cameos are probably well worth hanging onto.
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 Posted 07/07/2009  1:05 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list
If I may digress a little, there are some dedicated Franklin half collectors willing to pay insane amounts of money for those top-pop, FBL dates, with that 1953-S being the most pricy. I remember a few years ago the PCGS highest-graded 1953-S half in MS-66 FBL sold for $69,000 on Heritage. I think the same coin later was sold for $34,000 or so. Apparently the first buyer took a massive loss. In this general price range you can buy rare date early gold, a high-relief St. Gaudens $20 in choice MS grade, world-class early copper, or any number of other exotic selections. Franklins are perfectly nice coins, but seriously!
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 Posted 07/07/2009  1:21 pm  Show Profile   Bookmark this reply Add yotie to your friends list
full bell lines
if you have a bag mark across the lines does that stop it from being a FBL?
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 Posted 07/07/2009  1:27 pm  Show Profile   Bookmark this reply Add TNG to your friends list

Quote:
full bell lines
if you have a bag mark across the lines does that stop it from being a FBL?


I think it would. Since we cannot guess what was there behind it.
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 Posted 07/07/2009  1:31 pm  Show Profile   Bookmark this reply Add SeatedNut to your friends list
Jaobler,

Because enquiring minds want to know ...

Using your $20 high-relief St. Gaudens example, I did a PCGS pop report search to compare the relative rarity of a 53-S FBL Franklin and a high relief St Gaudens. Here's what I found ...

1907 St Gaudens (no separate mintage figures for high-relief) mintage 372,917. PCGS graded coins MS63 or higher 2786 or
one of every 133 coins minted. It would higher if the high-relief mintage was known.

1953-S Franklin mintage 4,148,000. PCGS coins graded MS63 or higher FBL 36 or one of every 115,000.

Of course that Saint is gold and absolutely stunning, whereas Ben is portly and boring. But he's much rarer than that h-r saint.
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 Posted 07/07/2009  1:47 pm  Show Profile   Bookmark this reply Add SeatedNut to your friends list

Quote:
full bell lines
if you have a bag mark across the lines does that stop it from being a FBL?


Not FBL. PCGS standard is complete, uninterrupted lines (3) at the bottom of the bell. NGC applies a higher standard and requires the upper set of bell lines to be complete and uninterrupted.
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 Posted 07/07/2009  1:51 pm  Show Profile   Bookmark this reply Add yotie to your friends list
ok thanks for all the info

i am debating w/ my self if I want to try bens or mercs
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 Posted 07/07/2009  2:08 pm  Show Profile   Bookmark this reply Add Kabiye_Lady to your friends list
As far as mercs vs. Frankies. Pocket book decides.

If money is a consideration and you're collecting G/VG/F type examples then Franklins will give more satisfaction. You can COMPLETE the set for $200 and change. And as long as the price of silver doesn't tank, you probably won't lose much.

Mercs are tougher. The "basic" set is simple - forget the 16D, the 21's and the 42 overstrikes and you can put it together for $100. But it's not a complete set. And as far as silver value, you'll typically pay more for the silver in a merc dime than you would for the same amount of silver in a Frankie. Size DOES matter.

In a Merc vs. Frankie debate, the key question is: "How important are empty holes to you?"
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 Posted 07/07/2009  2:13 pm  Show Profile   Bookmark this reply Add jbuck to your friends list


My Franklin set is complete.
My Mercury set has three holes in it.

Enough said.
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 Posted 07/07/2009  2:19 pm  Show Profile   Bookmark this reply Add yotie to your friends list
hello Ben
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 Posted 07/07/2009  6:55 pm  Show Profile   Bookmark this reply Add TNG to your friends list

Quote:
i am debating w/ my self if I want to try bens or mercs


Bigger coins are easier to admire when you get older.
I have my Franklin set as well in Mostly GEM BU. Some have FBL.
Get the Franklins now and if a key date merc presents itself at a super deal pick it up when you can. Or you can make a short set of mercs too.
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 Posted 07/07/2009  7:49 pm  Show Profile   Bookmark this reply Add yotie to your friends list
OK now where can I find the grading standards for Ben Red Book only goes to VF20
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 Posted 07/07/2009  7:55 pm  Show Profile   Bookmark this reply Add ratman4762 to your friends list

Quote:
OK now where can I find the grading standards for Ben Red Book only goes to VF20
pick up a copy of Photograde. I imagine there are other books out there too.
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 Posted 07/07/2009  8:12 pm  Show Profile   Bookmark this reply Add yotie to your friends list
thanks I will get a copy of that
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