13 facts about 1962 Franklin Half Dollar
Introduction to the Franklin Half Dollar: In 1948, the U.S. Mint introduced the Franklin Half Dollar to honor Benjamin Franklin's contributions to American history.
Silver Composition: The 1962 edition contains 90% silver and 10% copper, adding to its numismatic and intrinsic value.
Mintage Numbers: With a mintage of over 67 million, the 1962 Franklin Half Dollar is relatively common, yet its value goes beyond mere numbers.
Mint Marks: Look for the mint mark, "D" for Denver and "P" for Philadelphia, near the Liberty Bell on the reverse side.
Collectible Condition: Coins in uncirculated condition hold higher value, with their original luster and minimal wear.
Design Details: The coin's obverse showcases a profile of Benjamin Franklin, while the reverse features the Liberty Bell.
Numismatic vs. Silver Value: The 1962 Franklin Half Dollar can be valued for its historical significance (numismatic value) or its silver content.
Market Demand: Numismatists and collectors seeking historical coins and silver investors looking to diversify their portfolio drive the demand.
Grading Matters: Professional coin grading services assess the coin's condition, authenticity, and assign it a grade that impacts its value.
Rarity Factors: Specific mint variations, rare errors, and coins with Full Bell Lines (FBL) can significantly enhance the coin's worth.
Online Resources: Websites and forums dedicated to coin collecting offer insights into market trends, grading, and potential buyers.
Auction Dynamics: Rare 1962 Franklin Half Dollars often find their way to coin auctions, where enthusiasts determine their ultimate value.
Preserving Value: Proper storage, handling, and protecting the coin from environmental damage can help maintain or increase its value over time.