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Looking For A New Set To Complete. Franklin Halves.is That Set Challenging?

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 Posted 11/26/2020  8:01 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
A mid-grade circulated set, easy to buy as a whole, will never be worth much more than bullion value.
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 Posted 11/26/2020  8:38 pm  Show Profile   Bookmark this reply Add Numiscrat to your friends list Get a Link to this Reply
Coinfrog,

Your statement is true, but I take comfort in an alternative expression of what you said: a circulated set of Franklins won't be worth much less than its bullion value, which should represent one's acquisition costs, as long as purchases aren't made at high tide in the precious metals market.

I have anxiety when I buy nicer coins with no value beyond their collectibility, or many multiples of their bullion value. If coin collecting went the way of model railroading and the like, then that money is gone...
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 Posted 11/27/2020  01:32 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
No stoppers in circulated condition though, right?

No real stoppers in MS either unless you want real high end or full bell line coins.
Gary Schmidt
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 Posted 11/27/2020  04:11 am  Show Profile   Bookmark this reply Add kena to your friends list Get a Link to this Reply
Here is a Coin Week article about the series - https://coinweek.com/us-coins/short...half-dollar/

No show stoppers at all, I was able to complete my circulated set via purchases from kind folks here.

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 Posted 11/27/2020  6:26 pm  Show Profile   Bookmark this reply Add Erscolo to your friends list Get a Link to this Reply
I have the complete set in Mint State condition, though not slabbed as I have capital plastic holders for each year complete set with all denominations and mints. I also have a roll from 1956 and 1962, both mints that are in air tite holders. The set was not difficult to put together.
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 Posted 11/28/2020  09:02 am  Show Profile   Bookmark this reply Add Ballyhoo to your friends list Get a Link to this Reply
Funny that you asked that question. I just posted a well researched blog on this series on the ANA site. At todays prices it is possible to assemble the 35 coin business strike set for around 1200 in third party graded MS63/64. Granted, not many would be FBL, those would set you back more of course. Still, a nice shiny set is very doable on practically any budget.
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 Posted 11/28/2020  09:31 am  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
I was able to complete a set about six years ago, 70% filled via roll hunting over the last decade.
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 Posted 11/28/2020  11:06 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Franklins are the first set I ever completed, mostly because it IS such an approachable set. 35 coins (if you use the Dansco album) and none of them showstoppers.

Quote:
Still, a nice shiny set is very doable on practically any budget.

Exactly.

Like a lot of others, I completed most of mine by going to my LCS, sifting through circulated Franklins and cherrypicking the nicest ones. I didn't keep track of the total cost but it can't have been more than a dollar or two per coin over spot on average.

After I finish my Ike graded set, I may start a slabbed Franklin set. Thanks for the nudge and good luck with yours.

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 Posted 11/29/2020  12:08 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I was able to complete a set about six years ago, 70% filled via roll hunting over the last decade.
Well done!

My Franklin set was about 50% funded by coin roll hunting in the 90s. I traded a batch of found silver with a dealer for the coins.
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 Posted 11/29/2020  09:27 am  Show Profile   Bookmark this reply Add MOS0239 to your friends list Get a Link to this Reply

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I traded a batch of found silver with a dealer for the coins.


Very innovative!
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 Posted 11/30/2020  10:00 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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Very innovative!
Yes, and I wish I had thought of it first.

I was talking to the dealer one day and mentioned how I was building a nice collection of silver finds. He asked me what I planned to do with it. I was like

Then the offer came, which was a little more than half spot. I only had face value in them and he still gave me a "frequent customer" discount on the coins, so I was more than pleased. After all, I now had a complete FHD set.
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 Posted 11/30/2020  10:16 am  Show Profile   Bookmark this reply Add MOS0239 to your friends list Get a Link to this Reply

Quote:
Yes, and I wish I had thought of it first.

I was talking to the dealer one day and mentioned how I was building a nice collection of silver finds. He asked me what I planned to do with it. I was like

Then the offer came, which was a little more than half spot. I only had face value in them and he still gave me a "frequent customer" discount on the coins, so I was more than pleased. After all, I now had a complete FHD set.


Excellent!!

You're kinda singing my song as well. For whatever reason, I just wasn't in the mood to kill myself going out and finding mint state or FBL coins.
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 Posted 11/30/2020  11:04 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I was fortunate he was flush with FHD at the time. He got to move inventory and I am 99.9% sure that silver was sent out for scrap (in other words it was not on his books for long).
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 Posted 11/30/2020  11:08 am  Show Profile   Bookmark this reply Add MOS0239 to your friends list Get a Link to this Reply
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