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 Replies: 10 / Views: 1,585 |
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Pillar of the Community
United States
1186 Posts |
Why is the value for Franklin halves so low (typically around melt)? I was looking at the production values at it seems they made more 64 Kennedy's than all of the Franklin halves. I also read alot of the Franklins were melted down for silver value in the 80's lowering their numbers even more. I might try to get a complete set of halves (although I can't afford BU). Any reason why these are still reasonably priced? Am I missing something? |
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Pillar of the Community
 United States
5828 Posts |
I've asked myself the same question! In fact, I picked up a '61 D Franklin the other day for about $15 and a '64 Kennedy for about $22!
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Pillar of the Community
United States
4691 Posts |
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Valued Member
United States
300 Posts |
Simple, supply and demand.
Even though many years may only have had 3,4 or 5 million made, there just isn't that many people chasing after them. Even if you assume that half of them ended up in the melting pot, that's still a lot of coins floating around. And since they are so new (relativity speaking) most people try to get choice uncirculated examples leaving the rest to sit around in the "junk" bins.
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Bedrock of the Community
United States
20753 Posts |
Just not a really popular coin. Sort of like the Jefferson nickel. If no one wants them, the prices are low. Just the opposite with any coins that are popular. Take for instance Lincoln Cents. Every kid seams to collect those. Most half dollars are sort of big and just not available to much so they as a rule too are just not that popular. Contrary to that though is the Liberty Head Dollar, or Morgan, which is reallly popular so the prices are excessive. |
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Pillar of the Community
United States
1388 Posts |
Quote:
'64 Kennedy for about $22!   |
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Pillar of the Community
United States
1158 Posts |
I don't know, but I'm taking advantage of it to build a set in high grade. I think the value and demand will increase over time. Lower mintage, high silver content coin probably won't stay cheap forever.
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Rest in Peace
United States
18456 Posts |
For me personally ;I just don't like Franklins. it's design just doesn't do anything for me. and I'm feeling a lot of other coin collectors feel the same way. so that's why you find them inexpensive. however; try to purchase some dates and mints in MS-65 FULL BELL LINES. it will surely change your mind about putting a set like that together,
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Valued Member
United States
300 Posts |
I have 2 sets of Franklin halves, one circulated I put together from the junk bin, the other choice uncirculated. As long as you don't have to have MS-65 or better you can put together a nice set in MS-63 or 64 without spending a fortune. I even managed to get about half the set with full bell lines at a fraction of the MS-65 price. |
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Pillar of the Community
United States
1748 Posts |
Mediocre design and high production figures, IMHO.
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Bedrock of the Community
Australia
21786 Posts |
 with T-BOP and DoubleEagle20 unfortunately. But that is just us. |
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Replies: 10 / Views: 1,585 |
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Posted 01/25/2015 2:36 pm
