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: $27.74

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 above the Liberty Bell's yoke.

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 $27.74. This melt value is calculated from the current silver spot price of $76.69 per ounce.

The 1948 half dollar with no mint mark is worth around $20 in about uncirculated condition. In uncirculated condition the value is around $24 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $80.

The 1948 D half dollar is worth around $20 in about uncirculated condition. In uncirculated condition the value is around $23 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $80.

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Grading System

About uncirculated- There is a slight trace of wear on the high points of the design. Half of the coin's mint luster is still intact.

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