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Question About Franklin Half Dollars

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Author Previous TopicReplies: 15 / Views: 2,310Next Topic  
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matttheriley's Avatar
United States
1512 Posts
 Posted 09/04/2014  10:11 am Show Profile   Bookmark this topic Add matttheriley to your friends list Get a Link to this Message Number of Subscribers
I have the opportunity to pick up some Franklin halfs soon. Not sure about dates or mintmarks, but I'll get to pick through them. Is $10 each too steep? Anything I should keep a look out for?

Thanks!
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hcmusicguy's Avatar
United States
814 Posts
 Posted 09/04/2014  10:24 am  Show Profile   Bookmark this reply Add hcmusicguy to your friends list Get a Link to this Reply
I think $10 is about right. I usually pay about $10-15 per each, sometimes less. It's pretty even across the board, I think, since the series was relatively short and there are not really any key dates. I picked up a 1949-S for $15 last week, and that's really the most I've paid for any of mine. I also picked up a cleaned 1963 for under melt earlier this summer, so it varies.
Edited by hcmusicguy
09/04/2014 10:42 am
Valued Member
hu5kers77's Avatar
United States
88 Posts
 Posted 09/04/2014  1:11 pm  Show Profile   Bookmark this reply Add hu5kers77 to your friends list Get a Link to this Reply
As a collector I say,keep an eye out for condition, the difference between circulated/worn and AU/BU is huge. I think that Franklin halves are a sleeper series with great upside down the road. Franklin halves are my current favorite :) and I love going through the "junk bin" at the local LCS. Last week I pulled out three AU/BU 1954 D halves all for $7.50 each. After hunting down and paying good money to complete my BU Dansco set I now have a much bigger appreciation for junk bin finds.

As a stacker, I think $10 is a fair price if you get to pick your coins.

Good luck with your purchase!
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BadToTheBone's Avatar
United States
1795 Posts
 Posted 09/04/2014  3:27 pm  Show Profile   Bookmark this reply Add BadToTheBone to your friends list Get a Link to this Reply
Sounds Reasonable but if you get em slabbed with MS64 or better be prepared to pay much more!
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wheatchaser140's Avatar
United States
2368 Posts
 Posted 09/04/2014  3:59 pm  Show Profile   Bookmark this reply Add wheatchaser140 to your friends list Get a Link to this Reply
For a Franklin half in EF or below, $10 is a good price. Prepare to pay more with AU and up. For an uncirculated common date I usually pay around $15. There are certain dates that have premiums in BU, like the 1949-D, 1952-S, and 1955. Consult the RedBook for those. 😁
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matttheriley's Avatar
United States
1512 Posts
 Posted 09/04/2014  6:14 pm  Show Profile   Bookmark this reply Add matttheriley to your friends list Get a Link to this Reply
Here is what I picked up today. 23 coins at $10.00 each, $230 total (hard math right?). I was going to ask the guy to drop his price some, but I don't want to sour the relationship I am building with him, as he has pretty reasonable prices, plus I was able to use my credit card to purchase them, so that in itself is a bonus (cash back bonus that is!)

The grades are the best approximation I could determine from the PCGS Photograde. They are sorted by grade and I have taken pics of the higher grade ones. What do you think?

1957 MS63
1963-D MS63
1955 MS61
1959 AU58
1958-D AU53
1959-D AU53
1961-D AU53
1962-D AU53 Cleaned, I think.
1953 XF45
1962 XF45
1951-S XF45
1961 XF40
1949-S XF40
1953-D VF30
1957-D VF30
1958 VF20
1949-S VF20
1953-S F15
1954-S F12
1956 VG10
1948-D VG10
1951-D VG10
1952-S VG10

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duncanbishop24's Avatar
United States
898 Posts
 Posted 09/04/2014  6:25 pm  Show Profile   Bookmark this reply Add duncanbishop24 to your friends list Get a Link to this Reply
For those higher quality coins I think 10 is a fair price. I've seen online them going closer to melt around 8 or even less now that silver is dropping again.
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wheatchaser140's Avatar
United States
2368 Posts
 Posted 09/04/2014  6:38 pm  Show Profile   Bookmark this reply Add wheatchaser140 to your friends list Get a Link to this Reply
For those coins you got a steal IMO. Nice. ☺
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matttheriley's Avatar
United States
1512 Posts
 Posted 09/04/2014  6:41 pm  Show Profile   Bookmark this reply Add matttheriley to your friends list Get a Link to this Reply
Thanks, I feel like I did well! I almost filled my Dansco! Only a handful left to go!
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tkbslc's Avatar
United States
1158 Posts
 Posted 09/05/2014  01:01 am  Show Profile   Bookmark this reply Add tkbslc to your friends list Get a Link to this Reply
1955 is the rarest date, so getting that in MS for $10 is a steal. The rest of the AU-BU are worth about $12-15. Most of the EF or worse coins are really only worth about melt, so $7-8. I'd say you about broke even in terms of what you could resell them for. But you didn't have to pay shipping on ordering all those individually (not to mention times) and you got to cherrypick unique dates and mints.

Bedrock of the Community
United States
20753 Posts
 Posted 09/05/2014  10:46 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
For those in better grades, you made a fantastic deal. Even the plain worn ones are OK. Great way to fill an Album.
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smokeriderdon's Avatar
United States
3755 Posts
 Posted 09/06/2014  1:01 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
I would have snagged those at 10 bucks each with no hesitation at all. Good deal!
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Augiedog's Avatar
United States
63 Posts
 Posted 09/07/2014  5:29 pm  Show Profile   Bookmark this reply Add Augiedog to your friends list Get a Link to this Reply
Let me know if your friend has another batch, LOL I'd give $10 each in a heartbeat.
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matttheriley's Avatar
United States
1512 Posts
 Posted 09/07/2014  5:32 pm  Show Profile   Bookmark this reply Add matttheriley to your friends list Get a Link to this Reply
He had $50 face value. Pm me and I'll see if he is willing to work a deal out for you.
Valued Member
United States
256 Posts
 Posted 09/10/2014  09:21 am  Show Profile   Bookmark this reply Add TC3 to your friends list Get a Link to this Reply
I've bought one for as low as $5. That's lower than melt..
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D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 09/11/2014  12:23 am  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
I think I would have picked the MS and possibly AU for $10 each. The more worn ones are usually bought and sold based off of melt, currently around 13.6x. Your local dealers may be asking somewhere around 14-16x. Overall, not too bad of a deal and a great start to a franklin set!
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