Any Studies On The Franklin Half? - Coin Community Forum

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Author	Replies: 8 / Views: 1,428
LibertyEagle20 Pillar of the Community United States 1188 Posts	Posted 07/03/2015 7:14 pm I know the Franklin halves were a big victim of melting over the years so I don't think looking at mintage numbers really shows which ones are common and which are more scarce today in 2015. Is there any literature out there to show which years are more valuable and which years were melted down? Report this Post to the Staff

moxking Rest in Peace United States 17900 Posts	Posted 07/03/2015 7:22 pm The numbers graded by PCGS and NGC might help with the records of those that have been graded. I can't imagine any way of estimating melt numbers. Report this Post to the Staff
Cascade Pillar of the Community United States 7390 Posts	Posted 07/03/2015 7:25 pm Here is pcgs price guide. The more valuable ones are the better ones http://www.pcgs.com/prices/pricegui...l.aspx?c=734 Edited by Cascade 07/03/2015 7:25 pm Report this Post to the Staff
ArrowsAndRays Pillar of the Community United States 1656 Posts	Posted 07/03/2015 7:53 pm Quote: Is there any literature out there to show which years are more valuable and which years were melted down? Value? Tons. Quantity melted? Unknowable. Quote: I know the Franklin halves were a big victim of melting over the years How do you know this? Report this Post to the Staff
LibertyEagle20 Pillar of the Community United States 1188 Posts	Posted 07/03/2015 9:06 pm Quote: How do you know this? Google.. Report this Post to the Staff
John Paul Valued Member United States 232 Posts	Posted 07/03/2015 11:37 pm I have seen this: http://numismaster.com/ta/numis/Art...icleId=18381 which discusses the mint melting large numbers or silver coins (to be made into different coins - not sure why that made sense). I have not seen much on private interests melting the coins. If you just want a store of value, the coin is as good as a silver bar, and you can still buy $1000 face value bags of 90% silver US coins. I suppose you could use the silver for some industrial process, but buying and purifying coins might not be the best way to do that. So, I am curious if there is evidence that anyone other than the mint melted large numbers of coins. Report this Post to the Staff
Gyrene7483 Pillar of the Community United States 1704 Posts	Posted 07/04/2015 12:30 pm Quote: which discusses the mint melting large numbers of silver coins (to be made into different coins - not sure why that made sense). Think about it for a minute. New silver coins are 90% and old silver coins stored in Treasury vaults are 90%. If they need more quarters and do not have enough in their vaults to satisfy the demand they melt enough of the other denominations to make new quarters. Then they just roll out the freshly melted 90% silver to the thickness of quarters and strike what they need. All done inside the Mint. By repurposing those coins they save money by not having to have to alloy new 90% sheets for the planchets. Edited by Gyrene7483 07/04/2015 12:31 pm Report this Post to the Staff
John Paul Valued Member United States 232 Posts	Posted 07/04/2015 1:19 pm I could see that, but you have to be sure that you wont't need the older coins later. Maybe it just didn't matter or there were plenty of discontinued denominations laying around. Report this Post to the Staff
LibertyEagle20 Pillar of the Community United States 1188 Posts	Posted 07/04/2015 2:44 pm John Paul - thanks for the article. I had just heard people went crazy melting the Franklin's when silver skyrocketed in price. Regardless they are the best "bang for your buck" IMO. Walkers are too expensive in good shape and Kennedy coins only have 1 good year (1964). Report this Post to the Staff
	Replies: 8 / Views: 1,428

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