The Franklin Half Dollar series, introduced in 1948, represents a significant shift in U.S. coinage design, emphasizing simplicity and honoring Benjamin Franklin, one of America’s founding fathers. The 1949 Franklin Half Dollar, the second year of this series, is particularly popular among collectors due to its historical context, design nuances, and rarity in certain grades. This article explores the coin’s history, design, and value in today’s numismatic market.
A Brief History of the Franklin Half Dollar
The Franklin Half Dollar replaced the Walking Liberty Half Dollar in 1948. Minted until 1963, the series was designed by Chief Engraver John R. Sinnock and prominently features Benjamin Franklin on the obverse and the Liberty Bell on the reverse. Franklin’s portrait was chosen as a tribute to his role as a scientist, statesman, and diplomat.
The 1949 Franklin Half Dollar was produced at three mints: Philadelphia (no mint mark), Denver (D), and San Francisco (S). Each mint’s production numbers and the condition of surviving examples contribute to the coin’s varying values and collectibility today.
Design Details
The obverse of the coin displays a left-facing portrait of Franklin, with the inscription “LIBERTY” above and “IN GOD WE TRUST” below. The year is prominently placed to the right of the portrait. The reverse features the iconic Liberty Bell, accompanied by a small eagle to the right. The inclusion of the eagle was required by law, as half dollars needed to feature this national symbol. Above the bell are the words “UNITED STATES OF AMERICA,” and below, “HALF DOLLAR.”
One notable feature for collectors is the “Full Bell Lines” (FBL) designation, which refers to the horizontal lines on the Liberty Bell being fully struck and visible. Coins with FBL are highly sought after due to their rarity, as achieving a strong strike was challenging during production.
Mintages and Rarity
The 1949 Franklin Half Dollar had the following mintages:
- Philadelphia (No Mint Mark): 5,614,000
- Denver (D): 4,120,600
- San Francisco (S): 3,744,000
While all three coins are accessible for collectors, the 1949-S Franklin Half Dollar is the scarcest in high grades, especially with the FBL designation. Weak strikes were common at the San Francisco Mint, making fully detailed examples rarer and more valuable.
Value and Market Trends
The value of a 1949 Franklin Half Dollar depends on its condition, mint mark, and whether it has the Full Bell Lines designation. Here’s a general guide:
- Circulated Grades (Good to Extremely Fine): $15–$30
- Uncirculated Grades (MS60–MS64): $50–$200
- MS65+ with FBL: $500 or more, especially for the 1949-S.
Proof versions, struck only in Philadelphia, are also highly desirable. With a mintage of just 12,800, these coins are valued at $500 or more, depending on grade.
Collecting the 1949 Franklin Half Dollar
The 1949 Franklin Half Dollar holds historical and artistic appeal for collectors. As the series was relatively short-lived, assembling a complete set is manageable for many collectors. Key dates like the 1949-S or high-grade FBL examples offer an added challenge for enthusiasts seeking rarity and value.
Conclusion
The 1949 Franklin Half Dollar is a cornerstone of mid-20th-century U.S. coinage. Its historical significance, attractive design, and collectibility make it an enduring favorite. Whether you’re drawn to its connection to Benjamin Franklin or its investment potential, this coin is a must-have for any numismatic collection.
FAQs
1. What makes the 1949 Franklin Half Dollar unique among the series?
The 1949 Franklin Half Dollar, especially the 1949-S, is notable for its low mintage and difficulty in finding examples with the Full Bell Lines designation due to weak strikes.
2. How can I identify a Full Bell Lines (FBL) Franklin Half Dollar?
An FBL Franklin Half Dollar has fully visible horizontal lines across the Liberty Bell, indicating a sharp strike. These coins are rare and command a premium.
3. What is the value of a 1949 Franklin Half Dollar in uncirculated condition?
Uncirculated examples typically range from $50 to $200, with Full Bell Lines coins, especially the 1949-S, valued at $500 or more.