Most Money Ever Spent on a Franklin Half?

OneCent · June 28, 2008 2:12AM

$10K? $20K? Was it a high grade monster toner? High grade FBL?

Anyone have the details? Curious to know.

keets · June 28, 2008 2:16AM

$69K for '53-D PCGS MS65FBL about five years ago. the buyer promptly sold it about a year later for about $31K

wondercoin · June 28, 2008 2:22AM

About $75,000-$100,000 for a Proof
About $70,000 for a MS

I suspect the "right" Proof coin might very well test breaking through the $100,000 level in todays market. Many MS coins would be $25,000 - $50,000.

Wondercoin

OneCent · June 28, 2008 2:29AM

<< About $75,000-$100,000 for a Proof
About $70,000 for a MS

I suspect the "right" Proof coin might very well test breaking through the $100,000 level in todays market. Many MS coins would be $25,000 - $50,000.

Wondercoin >>

Damn, that is a lot of bread. Why?

Registry mania or a true conditional rarity?

COALPORTER · June 28, 2008 2:33AM

most i've paid is 5o cents

wondercoin · June 28, 2008 2:37AM

For the right coins, true condition rarity.

But, don't be too surprised about Franklins, as even Kennedy half Dollars today are worth $10,000 - $20,000 for the top coins.

Wondercoin

OneCent · June 28, 2008 2:47AM

Here is the highest priced example sold through Heritage:

1953 PF UC68 NGC:

$63K in August 2006

COALPORTER · June 28, 2008 2:53AM

I wonder if these sales really even occur, or is it just false reporting to generate interest in these series ? HYPE ??

lcoopie · June 28, 2008 3:01AM

<< $69K for '53-D PCGS MS65FBL about five years ago. the buyer promptly sold it about a year later for about $31K >>

do you mean 53 S FBL?

keets · June 28, 2008 3:05AM

OK, i think i had the date and grade wrong; apparently the coin is a PCGS MS66FBL 1953-S that shows at Heritage selling for $35K in August 2001. it had sold previously, i seem to recall it was the F.U.N. Show for the $69K price.

keets · June 28, 2008 3:18AM

aside to Porter: these sales almost certainly do happen. your apparent dislike of Modern issues notwithstanding, there are some accepted and understood condition rarities. maybe not the same as an actual rarity of which many hyped Classic issues are not(can anyone say S-VDB) but still understood by those "who know" as coins worthy of the high prices they command.

as for that 1953 Proof Franklin, you'd really have to look at quite a few Proof Sets and raw/slabbed coins to get an understanding of the rarity of the date in a pristine grade such as PF68UCAM. you would alkso have to educate yourself somewhat as to what the practices were of the Mint back in the early 1950's regarding the care of planchets, die preperation and other subtle nuances of the process they used. fast forward 40-50 years to get an idea of how the crummy cello damaged coins and then explain to me how this single coin, almost assuredly a first strike on a pristine planchet struck by properly prepared dies on a press being run by an operator who was paying attention-----survived as it has!!!!! i'm not sure how many sets were struck, maybe 150,000 or so, but this coin maqy in fact be the only example to look the way it looks.

that in a nutshell, is why it's valued the way it is. pay attention, in 40 years it'll have its day!!

OneCent · June 28, 2008 10:12AM

Very well put keets.

Bochiman · June 28, 2008 10:55AM

<< most i've paid is 5o cents

>>

You must be old and only gotten them along time ago as the silver content is much more than that

COALPORTER · June 28, 2008 11:08AM

<< aside to Porter: these sales almost certainly do happen. your apparent dislike of Modern issues notwithstanding, there are some accepted and understood condition rarities. maybe not the same as an actual rarity of which many hyped Classic issues are not(can anyone say S-VDB) but still understood by those "who know" as coins worthy of the high prices they command.
>>

I don't have a problem with modern coins. Really, I don't even like classic Proofs too much, except for Gobrechts ( because they are all Proofs). I just hope no one gets hurt, like you already mentioned someone losing 30K. If people really like these coins- it's their money and who am I to say? But, for the kind of money you are talking about, one could buy a preatty serious Gobrecht or some of the rarest Proof seated dollars. These are coins that only a few collectors can ever have in any condition. Millions of collectors can have a Franklin in MS or Proof grades.
Every dealer I know would run away very fast if you tried to sell them one of these high grade moderns, or even high grade classics like MS67 Morgans.

robkool · June 28, 2008 11:46AM

200 bucks for a 65FBL (PCGS)...

Ronyahski · June 28, 2008 12:28PM

Two other coins selling for over $50,ooo...a 1950 in PCGS 66DCAM and a 1959 in PCGSPR69DCAM

RWB · June 28, 2008 12:31PM

75-cents in an original issue proof set.

cinman14 · June 28, 2008 12:32PM

<< $69K for '53-D PCGS MS65FBL about five years ago. the buyer promptly sold it about a year later for about $31K >>

Did he get a free t-shirt with that sell?????????

pennyannie · June 28, 2008 2:07PM

Guys and gals that pay 20k-80k for a Franklin half dollar probably can afford to buy any coin they desire. Those that pay these large amounts can also afford to lose money. Some of it is just bragging rights. I been to a few auctions were people buy have zero intrest in the item. They just raise there hand. I was at a high end cow sale 10 years ago and a woman bought (very nice looking woman) bought a 15k cow. I heard he husband say, you can not put that in our backyard. She says, dear you will find a place for it and i want a truck and some cowboy clothes. BTW she did not even have a bid number. There was a big party before the auction and socialites for all around were there for charity. No idea what ever became of the cow.

OneCent · June 28, 2008 2:13PM

<< Guys and gals that pay 20k-80k for a Franklin half dollar probably can afford to buy any coin they desire. Those that pay these large amounts can also afford to lose money. Some of it is just bragging rights. I been to a few auctions were people buy have zero intrest in the item. They just raise there hand. I was at a high end cow sale 10 years ago and a woman bought (very nice looking woman) bought a 15k cow. I heard he husband say, you can not put that in our backyard. She says, dear you will find a place for it and i want a truck and some cowboy clothes. BTW she did not even have a bid number. There was a big party before the auction and socialites for all around were there for charity. No idea what ever became of the cow. >>

That is funny and I think that your right. Poor cow

.

percyb · June 28, 2008 2:47PM

$23 on a 55 BU.

TwoSides2aCoin · June 28, 2008 3:05PM

Apparently not enough.

LucyBop · June 28, 2008 3:15PM

if I tell you how much I have spent, you wont be allowed to live..

TwoSides2aCoin · June 28, 2008 3:17PM

TwoSides2aCoin · June 28, 2008 5:06PM

Edit for the OP who would prefer I not post

LucyBop · June 28, 2008 5:39PM

<< Edit for the OP who would prefer I not post

>>

post away baby, they aint the boss around here.....

cinman14 · June 29, 2008 2:39AM

<< Guys and gals that pay 20k-80k for a Franklin half dollar probably can afford to buy any coin they desire. Those that pay these large amounts can also afford to lose money. Some of it is just bragging rights. I been to a few auctions were people buy have zero intrest in the item. They just raise there hand. I was at a high end cow sale 10 years ago and a woman bought (very nice looking woman) bought a 15k cow. I heard he husband say, you can not put that in our backyard. She says, dear you will find a place for it and i want a truck and some cowboy clothes. BTW she did not even have a bid number. There was a big party before the auction and socialites for all around were there for charity. No idea what ever became of the cow. >>

That cow would have ended up in my freezer..

After I slaughtered it in the back yard..

I bet it would be the last time my wife bid on a cow..

Most Money Ever Spent on a Franklin Half?

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