What is the melt value of a Franklin half dollar?
The melt value of these coins is roughly 40% of the price of silver, or about $7.50 as of 08/2008. However if your coin is in almost new condition or is dated 1949 its collector value may be higher, so it would make more sense to try to sell it as a collectible than for scrap metal.
What is the value of a mint condition never circulated 1958 Franklin Mint 90 percent Silver Half Dollar?
Do you have information on a dollar size gold coin with Benjamin Franklin on it from the Franklin mint in 1976?
Typically the value of Franklin Mint items is its the 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…
It's not a commemorative coin. Franklin halves were struck for use in ordinary commerce and circulated regularly until the price of silver shot up in the mid-1960s. Most Franklin halves are only worth their melt value as scrap silver. Because the price of silver changes every day it's almost impossible to quote a specific value. You can roughly estimate the retail melt value by multiplying the current cost of 1 oz of silver by 0.38…
The last Liberty head halves were made in 1916. Half dollars dated 1948 to 1963 carry a picture of Benjamin Franklin, a staunch defender of liberty but not at all to be mistaken for Miss Liberty herself. In any case 1963 is a common date for Franklin halves. In circulated condition, as of 07/2009 it's worth mostly its silver melt value of about $5
The US has never used an "E" mint mark. In any case your coin is a common date for Franklin halves. It's made of 90% silver and contains about 1/3 of an ounce of pure metal, giving it a melt value of about 1/3 the current price of silver. However anyone who buys the coin for scrap will pay perhaps half that amount.
A complete set of Franklin half dollars is 35 coins. Going purely by their current silver melt value of about $10.50, a full set is worth at least $367.50. For specimens in better condition, the collector value could be even higher. There may be additional value besides simply for having a complete collection.
Gold plating adds no value when it comes to coins and indeed is a form of damage. A gold plated coin is worth the same as a damaged example of that coin. For example, a gold plated 1964 half dollar is worth the $7 in melt that a normal damaged 1964 half dollar is worth. A gold plated 1971 half dollar is worth 50 cents just like a damaged 1971 half dollar is worth.
1940 walking liberty half dollar as of11/25/10 silver value around $10. Condition is everything a worn coin without much detail is worth around silver melt value. If all details are full [uncirculated] could be worth $100+ or more. Check pcgs.com photo grade were you can compare your coin to photos to help determine condition of coin.
Since Kennedy half dollars weren't minted until 1964, a 1963 coin would be quite extraordinary. Both 1963 Franklin half dollars and 1964 Kennedy half dollars are composed of 90% silver and weigh about 0.36 troy ounces. With silver at $13.51 (as of 9/27/07), that equates to a "melt value" of $4.86. Neither of the abovementioned coins are rare, so unless they were uncirculated or better, neither would be worth much more than that.
It depends on the date, ones dated 1964 are 90% silver and worth $12 in silver melt, half dollars dated 1965-1970 are 40% silver and worth about $5 in silver melt. Half dollars dated 1971-date are copper-nickel and worth only face value. Proof coins and uncirculated coins may be worth more than the values listed here.
U.S. coins never carry the image of a president while they are in office. JFK's picture wasn't put on the half dollar until after his death. The first ones are dated 1964. Please check again and post a new question with the coin's date and design. If the date is in fact 1963 your coin carries a picture of BEN FRANKLIN who was much older and MUCH balder than JFK. Since Kennedy half dollars weren't…
It's gold plated, but not gold. The good news is that 1942 is a common date for Walking Liberty halves so you can still sell it for its melt value of $5-7 as of 07/2010. In any case, a gold half dollar would have been about the diameter of a pencil eraser, and no gold coins were made for circulation after the US went off the gold standard in 1933.
If you really mean 1965, that is a Kennedy half dollar and would only be worth melt which at the moment is about $3.15, if you mean 1865 which would be a seated liberty half dollar the situation becomes more tricky, for one, old coins are extremely dependent on condition, do not clean the coin that is the number one killer of value when it comes to old coins like this. But it really depends…
There is 0.36169 troy ounce of silver in a silver half dollar. Multiply that by the current silver spot price (see www.kitco.com) and you get the silver melt value. Dealers will generally pay you just a little under that amount. If you mean collector value, you need to accurately determine its grade (google sheldon scale), then look it up on a current price guide. www.numismedia.com offers an online retail price guide for U.S. coins Dan
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…
Half dollars dated 1964 and before are 90% silver and worth about $11 for their silver content. Half dollars dated 1965-1970 are 40% silver and worth about $4.50 for their silver content. Half dollars 1971-present are only worth 50 cents unless in a mint set. No Kennedy half dollar other than an error coin or a proof is worth more than melt (or in the case of the 1971-present, face) value.