1948 Franklin Half Dollar

The Franklin Half Dollar coin was introduced in 1948. It replaced the Walking Liberty Silver Half Dollar.

1948 Franklin Half Dollar Coin - Showing obverse and reverse
1948 Franklin Silver Half Dollar Coin

Like previous half-dollar coins, the Franklin Half Dollar coin was minted from 90% Silver.

In 1948, it’s first year of minting, 3,006,814 Franklin Half Dollar coins were minted at the Philadelphia Mint. These coins do not have a mint mark.

At the Denver Mint, 4,028,600 Franklin Half Dollar coins were minted. Franklin Half Dollar coin minted at the Denver Mint are stamped with the “D” mint mark.

1948 Franklin Silver Half Dollar Mintages

Philadelphia Mint 3,006,814
Denver Mint 4,028,600
1948 Franklin Half Dollar Mintage Total 7,035,414

1948 Franklin Half Dollar Specifications

Year: 1948
Face Value: 50 cents
Mint Marks: None – Philadelphia Mint, D – Denver Mint
Gross Weight: 12.5 grams (0.402 troy ounces)
Silver Content:90%
Silver Weight:.3617 troy ounces
Silver Melt:$5.461
Diameter: 30.6 mm
Thickness: 2.15 mm
Edge: Reeded
Composition: Silver .900, Copper .100
1 – Melt value based on today’s silver spot price of $15.10 per troy ounce.

Most circulated Franklin Silver Half Dollars from 1948 will be sold as junk silver. However, some coins in better condition may have some numismatic value to collectors. Notably, those with “full bell lines” (FBL), showing that the three lines at the lower part of the bell on the reverse are continuous from side to side, may be worth more than melt value.

1948 Franklin Half Dollar Melt Value

The melt value of each uncirculated 1948 Franklin Half Dollar is $5.46 based on today’s silver spot price of $15.10. Each $1 Face Value of circulated coins has a melt value of roughly $10.80 using the industry standard .715 troy ounces per face value.

Each standard bank roll of $10 Face Value (20 Coins) of silver half dollars has a melt value of roughly $107.97.