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1957 PF Benjamin Franklin Half - Population, Price/Value?

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SA4H's Avatar
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 Posted 12/10/2007  02:55 am Show Profile   Bookmark this topic Add SA4H to your friends list Get a Link to this Message Number of Subscribers
I have seen some great "price spike" for the 1957 Franklin half Proof. Some went for $200+ and not many are being sell. However, CDN priced PF65 at $23 and nothing spectacular. I did some population search and see NGC graded 4000+ coins and PF68 (no DCAM or CAM designation) has about 900 coins, about 20%.

Here are my question:
Why there was a price spike for the PF68 1957 Franklin half dollar?
What's the current market value/price?
How's the market for Franklin half MS in general and Franklin half Proof in particular?

Thank you for all inputs and comments.
Edited by SA4H
12/10/2007 1:11 pm
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SeatedNut's Avatar
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 Posted 12/10/2007  08:40 am  Show Profile   Bookmark this reply Add SeatedNut to your friends list Get a Link to this Reply
Bruce,

You didn't mention anywhere in your question whether the coins carried a Cameo/Deep Cameo designation. For Franklin proofs that's an important designation that can drive the price way up. The same PF65 with a DCAM goes from $25 to $150. Cameo and Deep Cameo are extremely rare designations for some dates in the Franklin series.
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 Posted 12/10/2007  1:09 pm  Show Profile   Bookmark this reply Add SA4H to your friends list Get a Link to this Reply
Sorry, it was just PF68, no additional designation.
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 Posted 12/10/2007  1:34 pm  Show Profile   Bookmark this reply Add SeatedNut to your friends list Get a Link to this Reply
Bruce,
It's a product of supply and demand. Lots of people are saving/buying quality Franklin proofs for investments. You mentioned the NGC population for PF68+ is 900. With a total mintage of 1.247 million proofs, that's a small population for a large investment group. I regularly watch auctions for these higher-grade proofs and pick off one now and again for a bargain. Most realize full trends ask price.
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SA4H's Avatar
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2764 Posts
 Posted 12/10/2007  5:32 pm  Show Profile   Bookmark this reply Add SA4H to your friends list Get a Link to this Reply
Thanks Dave,

I didn't know/think about the "investor market" for the Franklin Proof. Well, the total population for NGC in PF68+ is around 1000, the PF68-only is around 900; but year, that's a small number when you compare to the 1+ million population; however, not all of them have been graded (only 4000+ had been graded by NGC)

I like the Franklin but not into the investment aspect of it....

Humh... I am curious about your "bargain price' and "full trends ask price": at what price is considered "bargain price" and where can you find such "full trends ask price"? Is $25 good for PF68?
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