Typically the value of Franklin Mint items is its melt value. This is the value of the silver if the item was melted down for its scrap value.
Keep in mind that Franklin Mint uses Sterling Silver. It is only 92.5% silver. Pure silver is 99.9% silver. So the melt value is adjusted accordingly. A good rule of thumb is to expect to get about 80% of the price of pure silver.
That said, like with any collectible, it is worth what someone else is willing to pay. If you happen to find someone who wants it and values it for more than the melt value, then count yourself lucky, and sell it to them.
---- It depends...
I sold franklin mint comentaritves for 100 times what they were purchased.
But if they had been platinum.. .it would have been 500 times what they were when bought.
However they were presidential commentarives..
Btw,Franklin mint doesnt use exclusive Sterling Silver... I have franklin mint items that are higher than 92.5% ... However otherwise the above info is good.
As with all Franklin Mint and other private mint "coins" they have little to no collector value and any value comes from the precious metals used to make the coins. To find out the value one must know the amount of precious metals in the coin (such as silver) then multiply that value in troy ounces by the silver price.
Average value for most coins is $15.00-$20.00 depending on the grade.
the profit goes to Franklin Mint. There is very little demand for Franklin items as collector items. Difficult to even re-cupe your investment..............
Franklin Mint manufactures commemorative items. In this case, the coins would not be useful as currency.
DEPENDING on the condition of frame and coins-very good 150+
I say $2000 I will buy coins also
Other then the silver value, there is no collectors value on Franklin Mint items
what is the value of an 1886 The Franklin Mint Watch
This type of coin, issued by a private mint, has no numismatic value to U.S. coin collectors. Their value is based only upon the worth of the metals used to produce them plus whatever value an individual may be willing to pay to own them.
the only value of Franklin Mint items is the silver value. There is no collectors value for Franklin Mint items. Years ago I had a Franklin Mint gold clad coin group. I was told that the Franklin Mint buy them back any time. They neglect to tell you the items must be in mint shape, untouched and they must have a buyer for your items. Otherwise, the mint does NOT buy items back.
The set of 1971 Jamaica proof coins can be purchased online for anywhere from $28 to $117. There are seven coins in the set.
i got the same question ! any one?