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Franklin Half Dollar Prices

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Author Previous TopicReplies: 7 / Views: 1,518Next Topic  
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Coinster's Avatar
United States
42 Posts
 Posted 02/12/2008  04:43 am Show Profile   Bookmark this topic Add Coinster to your friends list Get a Link to this Message Number of Subscribers
Hello.

I just recently started collecting last year. I'm collecting for fun, not as a future investment, though certainly landing a valuable coin couldn't hurt either.

So far, I've gotten the 2007 Proof Coin set from the U.S. Mint. The catalyst for collecting, in my particular case was the new Presidential dollar series. Back in 1999, I wanted to collect all 50 State Quarters, but I lost interest not long after, and never did.

Of course, this year is the last year of the State Quarters, and after looking through piles and piles of old quarters I am only four old quarters plus this year's four new quarters away from making my State Quarter collection complete. I'm only collecting one of each.

I'm not very interested in collecting one from each mint, nor different years for a single coin design. Instead, I'm looking to collect only one coin of each design, or two if it is only one design, in order to display both back and front at once.

This leads me to my question. After doing a bit of research, the next coin I'd like to get is a Franklin half dollar. Ben Franklin is a favorite character of mine and I rather like his coin. It would be nice to have a Ben Franklin coin in use today.

I know the Franklin half dollars are not terribly expensive either, which makes it a mighty good candidate for me, too. However, I've been a bit surprised to find online retailers selling 1959-1962 Franklin half dollars for merely $7 to $12 each, and in uncirculated condition, no less!

So I wanted to ask: Does this sound legit, or is there some funny business going on here? I wanted to jump at an offer, but I thought I should get some feedback from more knowledgeable and experienced collectors first.
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Metalman's Avatar
United States
7123 Posts
 Posted 02/12/2008  05:12 am  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
Hi coinster welcome to the forum !

The Franklin series has been undervalued for quite sometime now ,, it is a series that I personally expect to see adjust in the not so distant future (My own personal opinion).

7 to 12 dollars for the dates you mention is not out of the ordinary although in the Gem grades "MS-64 and above" these in the dates mentioned these coins can and do sell for more than those numbers ,, but MS-60 to 63 grades are often found for those prices .

Your welcome to run a few by us in the grading practice forum for opinions on grades if it helps to get a handle on the Franklin grading criteria.

Metalman
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SeatedNut's Avatar
United States
2797 Posts
 Posted 02/12/2008  08:22 am  Show Profile   Bookmark this reply Add SeatedNut to your friends list Get a Link to this Reply
coinster,

As Metalman said, this is an undervalued series. Coins with potential for investment growth can be had for a pittance. They are also not easy to grade. The difference between AU and MS can be a hard line to see if you're inexperienced.

I would recommend finding one at a local coin shop. Look for the highest grade with Full Bell Lines (FBL) that you can afford if dates aren't important to you. Here's an example of FBL on a 1952 in my collection:

Franklin-Half-Dollar-Prices
Valued Member
Dockwalliper's Avatar
United States
342 Posts
 Posted 02/12/2008  09:04 am  Show Profile   Bookmark this reply Add Dockwalliper to your friends list Get a Link to this Reply
With a melt value of about $6 you should be able to find circulated Frankies atarting at about $6.50. This would be the low end price. You can go up from there depending on Grade, date, etc.

Welcome to CC :)
Edited by Dockwalliper
02/12/2008 09:05 am
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Lucky_13's Avatar
United States
749 Posts
 Posted 02/12/2008  10:20 am  Show Profile   Bookmark this reply Add Lucky_13 to your friends list Get a Link to this Reply
Ahh yes ..yet another collection to start. I have 1 1955 Franklin which is to be kept separate for sentimental reasons.
I have seen the Bugs bunny Franklin on ebay but not in the RedBook..Whats that all about, the teeth?
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SeatedNut's Avatar
United States
2797 Posts
 Posted 02/12/2008  11:13 am  Show Profile   Bookmark this reply Add SeatedNut to your friends list Get a Link to this Reply
Lucky,

They messed up the die polishing it and this is the result ...


Franklin-Half-Dollar-Prices

Looks more like Dracula than Bugs Bunny to me.
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Lucky_13's Avatar
United States
749 Posts
 Posted 02/12/2008  11:21 am  Show Profile   Bookmark this reply Add Lucky_13 to your friends list Get a Link to this Reply
I agree with you on the Dracula look. Thanks for the info Dave
New Member
Coinster's Avatar
United States
42 Posts
 Posted 02/12/2008  3:14 pm  Show Profile   Bookmark this reply Add Coinster to your friends list Get a Link to this Reply
Wow, thanks for all the informative replies!

This is one of the listings I've seen for the Franklin half dollar:

http://www.usstatequarters.com/prod...product=2695

Checking out a local coin dealer is not bad idea at all. I'll need to find one first, though!
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