Ben Franklin Coin: For years, the Ben Franklin half dollar (1948-1963) was considered a steady but unremarkable coin—reliable for collectors, but rarely making headlines. That changed almost overnight when certain high-grade examples began fetching prices that stunned the numismatic world. What caused this sudden shift? A perfect storm of collector demand, grading trends, and renewed appreciation for mid-century U.S. coinage.
A Surprise Market Shift
The surge wasn’t tied to a newly discovered rarity or minting error. Instead, it stemmed from subtle changes in how collectors and grading services evaluate these coins. The 1953-S Ben Franklin Half Dollar, once trading for a few hundred dollars in top condition, has recently sold for over $2,000 in MS66 and higher grades. Similar jumps have been seen with other early 1950s issues, particularly those with the coveted Full Bell Lines (FBL) designation—a mark of exceptional strike quality on the Liberty Bell reverse.
Why Franklin Halves Are Gaining Attention
Franklin half dollars occupy a unique place in U.S. coin history. They were the first to feature a non-president (Benjamin Franklin) on the obverse and the Liberty Bell on the reverse—a bold departure from tradition. Yet for decades, they were overshadowed by flashier coins like Morgan silver dollars. Now, collectors are taking a second look, drawn by their historical significance and relative scarcity in high grades.
- Short Mint Runs – Some dates, like the 1953-S and 1955, had lower production numbers.
- Survival Rates – Many were heavily circulated, making pristine examples rare.
- Full Bell Lines (FBL) – Coins with fully defined lines on the Liberty Bell command premiums.
The Market Reacts
Online auctions and forums have buzzed with activity as collectors scramble to acquire high-grade Franklin halves. Heritage Auctions and eBay have reported spikes in bidding, while Reddit’s r/coins and coin forums are filled with stories of unexpected finds. Some dealers are adjusting prices upward, anticipating sustained interest.
But experts advise caution: while the trend appears strong, sudden surges can lead to temporary price inflation. The key is focusing on quality—coins with strong eye appeal, high grades, and FBL details are the safest bets for long-term value.
What This Means for Collectors
If you’ve overlooked Franklin halves in the past, now might be the time to revisit them. Check old collections, inherited albums, or even dealer inventories for high-grade examples, particularly from the early 1950s. Even if you don’t own one yet, their rising popularity makes them a compelling addition to any collection focused on 20th-century U.S. coinage.
More Than Metal—A Legacy Revisited
Beyond their monetary value, these coins represent a pivotal era in American minting history. Their resurgence proves that even “quiet” coins can find their moment in the spotlight. Whether you’re a serious collector or just curious about the coins in your possession, the Ben Franklin half dollar’s story is a reminder: sometimes, the best treasures are the ones we’ve forgotten about.
Final Thought:
The next time you sort through old coins, pay extra attention to that Franklin half—it might just be worth far more than you think.