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1971 Rare Ben Franklin Medallion Error

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United States
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 Posted 05/15/2011  2:11 pm Show Profile   Bookmark this topic Add 08curranc to your friends list Get a Link to this Message Number of Subscribers
I have 6 of these tokens/medallions that say "the Franklin mint across the top edge of the Coin. Beneath it in the center of the token is Benjamin Franklin, and he is facing left. Beneath him it dates 1969 on three of them and 1971 on the other three. On the reverse is an eagle holding or carrying some sort of shield and under that is a banner the says "the Franklin mint. Two of the 1971 tokens have ridged sides while the rest have smooth sides. It looks as if the two with the ridged sides are real silver but I'm not sure what the other four are made of. All of the tokens measure 1.5 inches in diameter. Not sure weight. Now for the error part... They have all seemed to have been struck by something Causing some sort of small dent in the tokens. All the dents are in different spots on each coin. The dents look like some one shot a marble at the coin because they are smooth rounded dents. I've tried to find this token online but can't find it or anything about it. I believe it may be a rare token. I received these from my grandmother about 8 yrs ago in a bag of coins she gave me to add to my collection. I believe her husband at some point worked at the Franklin mint at some point and maybe that's how she received them. If anyone knows anything about this coin please inform me! I would like to find out the mintage, the value with the strike through, and anything else that would be good to know. Thank you

1971-Rare-Ben-Franklin-Medallion-Error
Edited by 08curranc
05/15/2011 2:13 pm
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biokemist6's Avatar
United States
12437 Posts
 Posted 05/15/2011  4:56 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply

Your item was not produced by the US Mint. Franklin Mint is a private company that mass-produces various medals and tokens. Other than their silver medals(for silver content), there is little aftermarket collector interest in their items so any error would not do much for an already minimal value. Dents in coins/medals are usually caused by damaged. If you see a bulge on the side opposite the dent, then it is certainly just damage.
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United States
3184 Posts
 Posted 05/15/2011  4:59 pm  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
value would be dependent on demand......not sure these are highly desired/collected.
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United States
4 Posts
 Posted 05/15/2011  5:05 pm  Show Profile   Bookmark this reply Add 08curranc to your friends list Get a Link to this Reply
another one of them for anyone who may be interested in these. I'm not planning on selling these so I'm not so concerned about value but more concerned about the meaning of the coins and what not. I cant find anything about these medals

1971-Rare-Ben-Franklin-Medallion-Error
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United States
4 Posts
 Posted 05/15/2011  10:17 pm  Show Profile   Bookmark this reply Add 08curranc to your friends list Get a Link to this Reply
i found out from another forum These were minted as samples to show the coinage quality.

1969: 39mm Gold on Sterling Proof mintage 50. Nickel Silver Proof Like mintage 5252.
1971: 39mm Sterling Proof 1000, Proof-Like 28,050. Nickel Silver 2650. Franklin Bronze Proof 1500, Proof-Like 9000.

two of my 1971 are def sterling proof and the one is the nickel silver. the 1969 are all nickel silver. would these numbers consider my medals rare and maybe change the value? even if not a coin collector I think this piece would be nice for maybe a history buff having benjamin franklin on it dont ya think?
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