The Franklin Half Dollar coin pays tribute to one of the most recognized and famous Founding Fathers of America-Benjamin Franklin. These 90 percent fine silver coins were produced by the mint for 15 years, and bear the portrait of Franklin as well as the Liberty Bell and eagle. Although these coins are in good supply, collectors may wish to have coins from each edition produced.
The majority of Franklin Half Dollars traded today may show signs of their age. These coins have exchanged hands many times over, and this may have taken a toll on the coin’s appearance. You can, however, still buy these coins in brilliant, uncirculated condition as well.
The process for grading a coin is not only thorough but is fairly subjective. Coins are put through a rigorous grading process to verify their authenticity and metal content. Coins are also closely examined by teams of expert coin graders to make a determination on their overall condition. While the process follows some strict guidelines, these expert graders are responsible in the end for assigning an appropriate grade to a coin. The better the overall condition of a coin and the higher the grade, the more valuable the coin may be. You can get a very good idea of how your coin may be graded by closely examining your coin looking for any damage or imperfections.
Use the specifications below to determine how your Franklin Half Dollar coin might be graded.
Uncirculated: Uncirculated coins will look brand new and appear freshly struck. The images, text and other details of coins in this condition will be clean and the lines and details will be easy to make out. Some coins in this condition will have closely maintained their original color and luster, while others may have very slight discolorations due to age. You can easily use a magnifying glass to examine your coin’s details. A magnifying glass will allow you to see the cleanliness of the details and engraving, and to see if any erosion or wear has taken place. Coins in this condition are generally considered to be in pristine condition.
Extremely Fine: Coins that are assigned a grade of extremely fine are in excellent condition as well. These coins are one step lower on the grading scale, and they may have some slight imperfections, blemishes or discoloration. Some of the coin’s finer details, such as the eagle, may have wear and tear or feel worn down to the touch. Despite this, these coins remain beautiful to look at and are highly regarded for their condition.
Fine: The next step down the grading scale, coins in fine condition have maintained their images, text and other details although these details may have visible signs of damage such as dents or scratches. The texture of the coin may be eroded, and the coin’s finish may appear worn down or even dull.
Good: Coins in good condition have significant damage to the images, text or other details. The edges may also be affected by wear and tear. Often times, coins in this condition cannot be identified without a visual aid such as a magnifying glass. Despite their sometimes beat up appearance, coins given a grade of fine may still be very valuable if they are scarce.
Because Franklin Half Dollars are not rare, they are generally easy to buy and sell. Premiums for these coins are also very reasonable to due to the ease of acquiring. Because of their beautiful design and appeal, coins in very fine condition may exchange for about $13. Coins in extremely fine condition may trade hands for about $14. Premiums can rise, however, for coins in excellent condition or for certain mint years.
1962 Franklin Half Dollar
|1962 Franklin Half Dollar||N/A||N/A||$14||N/A|
|1962 Franklin Half Dollar (D)||N/A||N/A||$14||N/A||Source: Red Book|