Why did the Franklin Mint close?
Segel founded the Mint with the intention to sell commemorative and collectible items in all shapes and sizes to the public, often in limited editions. Alas, the Franklin Mint closed their doors in 2000. The brand continues to be marketed by Sequential Brands Group, but the Wawa plant is no longer producing items.
Does the Franklin Mint make money?
Roberts soon solved the problem in producing large proof-quality coins by employing different alloys in the die. The business changed its name to The Franklin Mint in 1965, and what started with a $10,000 investment now earned $10,000 in profits each month.
Is anything from the Franklin Mint worth anything?
Franklin Mint collectibles often sell for a fraction of what owners paid for them. While some sellers are trying to get around $200, or the original selling price, for Kate Middleton collectible dolls, most Franklin Mint dolls without their original box will sell for around $20 to $50.
Is the Franklin Mint a reputable company?
Buying from the Franklin Mint is straightforward and easy, but the prices offered on the website exhibit very high premiums – far above what most other reputable sources for silver and gold bullion will charge for precisely the same items.
Is Franklin Mint out of business?
Although the company still exists in name, the Franklin Mint’s heyday of production is over, and the prices of most items sold by them over the years have dropped below original retail cost.
What is Franklin Mint mark?
You often see Franklin Mint sets described as coins, because to a novice, they look like coins. To a numismatist, a coin is legal tender in some country, and is marked with its monetary value. The Franklin Mint also minted tokens, which were marked with a monetary value but were for private use only.
What is a Bugs Bunny Franklin half?
“Bugs Bunny” is a nickname or slang term for a die clash that appears across Benjamin Franklin’s mouth on the half dollars, giving him the appearance of having buck teeth. The die clash is damage to the die from its hitting the opposing die without a planchet between them.
Who did JFK replace on the half dollar?
Kennedy, the late president’s profile took its place on the half dollar. The liberty bell on the back was replaced by the eagle from the presidential seal except during 1975 and 1976, the nation’s 200th birthday.
What is the silver value of a Franklin half dollar?
Total metal value of the Franklin Half Dollars (1948-1963) is USD 7.405. Total Silver content in the coin is 90% and the Silver value of this coin is USD 5.905 ,Silver value is claculated with a spot price of USD 14.88/ounce….Franklin Half Dollars (1948-1963)
| MINT SPECIFICATIONS | NA |
|---|---|
| METAL COMPOSITION | Silver : 90% Copper : 10% |
| WEIGHT | 12.5 Grams |
What is the rarest Franklin half dollar?
These 90% silver half dollars bear a portrait of Founding Father and prolific inventor Benjamin Franklin on the obverse….Most Valuable Franklin Half Dollars: Key Dates.
| Date & Mintmark | Mintage | Price |
|---|---|---|
| 1949-S | 3,744,000 | $15+ |
| 1950 (proof) | 51,386 | $500+ |
| 1951 (proof) | 57,500 | $375+ |
| 1952 (proof) | 81,980 | $200+ |
Are Franklin half dollars worth collecting?
Overall, I think the Franklin half is an intriguing coin to say the least. It’s affordable to collect, rich in history, and has a relatively sizable intrinsic value, making it a very worthwhile coin to consider collecting.