Overview
The Benjamin Franklin half dollar coin was minted from 1948-1963. After the assassination of President John F. Kennedy, Congress passed a bill replacing the Franklin half dollar with the Kennedy half dollar in February 1964, nine years before the design would normally have been up for change.Many Franklin half dollars were melted for their silver after 1964, when the silver’s intrinsic value exceeded the face value.Design
Benjamin Franklin is on the obverse (front) and the Liberty Bell on the reverse. A small eagle right of the bell was necessitated by law, though Franklin had opposed the selection of the eagle as the U.S. national symbol, arguing that the wild turkey is a “more noble bird.”Minting
About 510 million Franklin half dollars were minted from 1948-1963. Coins without a mint mark were minted in Philadelphia, those with a “D” in Denver, and those with an “S” in San Francisco. If the piece has a mint mark, it is on the reverse, above the bell yoke. Engraver John R. Sinnock’s initials are at Franklin’s shoulder on the obverse.Valuation
This is a premium coin, meaning the coin’s price includes a premium above the melt value of the precious metal it contains, which includes Augusta’s margin. This premium is solely determined and controlled by Augusta, based on factors Augusta deems valuable in determining and controlling such premium. Other retailers may not recognize the premium value that Augusta recognizes for this premium coin and may only be willing to pay as little as the melt value for this coin (the value of the precious metal that the coin contains). If you sell this coin to a retailer that does not recognize the premium value assessed by Augusta at the time of sale, then such sale may result in significant losses. Augusta cannot guarantee that it will buyback any item it sells and cannot guarantee another retailer will purchase this premium coin.
Investment in precious metals involves risk and is not suitable for all investors. Augusta Precious Metals recommends that you consult your own financial or investment advisors prior to investing in precious metals. Augusta is not qualified and does not offer financial, investment, legal, or tax advice. This site and the information provided by Augusta throughout its sales process is general in nature and is not tailored to any specific person, their circumstances, or their financial goals.
Opinions offered by Augusta Precious Metals are its own. Additionally, while Augusta attempts to provide factually accurate information, information presented by Augusta may turn out to be inaccurate or incomplete. You should conduct your own independent verification of any facts or opinions presented prior to making any investment.
All decisions regarding the purchase or sale of precious metals are your own, and should only be made after considering your investment objectives, risk tolerance, and level of experience. Augusta Precious Metals cannot guarantee, assure, or promise future market movement, prices, or profits. Past performance does not guarantee future results. Any investment in precious metals is speculative and could result in significant financial losses.
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