The 1948 Franklin Half dollars have value as both numismatic coins and as silver bullion. Keep reading to learn more about these silver coins.

1948 Half Dollar

Specifications

Type: Franklin Half Dollar
Year: 1948
Face Value: $0.50
Composition: 90% silver, 10% copper
Silver Weight: .36169 oz.
Total Weight: 12.5 grams
Current Silver Bullion Value: $5.99

This was the first year that Franklin half dollars were minted. The US minted the 1948 half dollar with no mint mark and also the 1948 D half dollar. The mint mark, when present, can be found on the reverse side of the coin.

Series Location Quantity Minted
1948 Philadelphia 3,006,814
1948 D Denver 4,028,600

Value

This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $5.99 as of December 09, 2019. This melt value is calculated from the current silver spot price of $16.57 per ounce.

The 1948 half dollar with no mint mark is worth around $9 in very fine condition. In extremely fine condition the value is around $11. In uncirculated condition the value is around $20 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $70.

The 1948 D half dollar is worth around $9 in very fine condition and around $11 in extremely fine condition. In uncirculated condition the value is around $20 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $135.

Grading System

Very fine- At least half of the Liberty Bell's lines at the top and bottom of the bell are visible.

Extremely fine- There are some wear spots on Franklin's hair at the back of his ears, and also near the top of his curls. The Liberty Bell has wear at the top and on its lettering.

MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.

MS 65 gem uncirculated- There is strong luster and eye appeal. A few light contact marks may be present but they are barely noticeable.

 

Sources:

The Red Book


See also:

1949 Half Dollar