1954 Franklin Half Dollar Value
Silver melt value, mintage by mint, and how this year compares with every other year of the Franklin Half Dollar series.
Silver content
| Composition | 90% silver, 10% copper |
|---|---|
| Silver content, as struck | 0.3617 troy oz |
| Silver content, worn (trading convention) | 0.3575 troy oz 0.715 troy oz per $1 of face value, the figure dealers quote from |
| Face value | $0.50 |
| Silver years | 1948 - 1963 |
1954 mintage by mint
| Issue | Mint | Mintmark | Struck for circulation | Proofs |
|---|---|---|---|---|
| 1954 | Philadelphia | No mintmark | 13,188,203 coin catalogues report 13,188,202 | 233,300 |
| 1954-D | Denver | D | 25,445,580 | - |
| 1954-S | San Francisco | S | 4,993,400 | - |
| Total | 43,627,183 | 233,300 | ||
- 1954: Sources disagree on this figure by one piece, and both are shown above rather than one being chosen for you. coinmintages.com, Numista and Wikipedia's mintage table all report 13,188,202 business strikes. The Mint reports 13,421,503 regular Philadelphia half dollars for calendar 1954, which after the 233,300 proofs leaves 13,188,203, and it reports that four times: Table 15 of the 1955 Annual Report of the Director of the Mint gives it both as a piece count and as $6,710,751.50 of face value, and Tables XIX, XI and XX of the 1793-1970 compilation give it as a per-mint count, inside the all-mint total, and as the same face value. Wikipedia carries the catalogue figure in its table, but its own series total of 465,814,455 circulation strikes only comes out if the 1954 Philadelphia figure is 13,188,203. The same Mint tables report 54,645,503 quarter dollars and 114,243,503 dimes at Philadelphia that year, and the catalogues subtract the same 233,300 proofs from both without disagreement, which is why the odd figure out here reads as a slip in the last digit. Totals and rankings on this site count the Mint figure, because where the Mint compilation covers a figure this dataset follows it.
- 1954-S: The last San Francisco half dollar of the series. San Francisco went on striking dimes through 1955 but struck no half dollars after 1954, and the mint closed at the end of 1955. The Bureau of the Mint compilation reports its 1956-1964 silver coinage on a single blank row, footnoted that coinage operations resumed pursuant to Public Law 89-81 of 23 July 1965.
Ranked by circulation mintage against all 35 Franklin Half Dollar issues struck 1948 to 1963, lowest first:
- 1954 (Philadelphia): 22nd lowest of 35
- 1954-D (Denver): 33rd lowest of 35
- 1954-S (San Francisco): 10th lowest of 35
Key dates: Price guides name four key dates for this series, and it is worth saying why none of them is flagged here. Coin World writes that "Based on mintage figures, the key dates in the series are 1948, 1949-S, 1953 and 1955 coins". Wikipedia prints the same four, but the footnote on that sentence cites Coin World, so the two are one witness rather than two, and coincollecting.com repeats the list without offering a reason of its own. Those four issues are also exactly the four lowest business-strike mintages of the series, so what is on offer is a mintage ranking relabelled, and this dataset never flags a key date from mintage size. The specialist sources disagree outright: CoinWeek's collector guide says Franklin half dollars "were produced in significant quantities and there are no date rarities in the series", and Gainesville Coins writes that no regular-issue business-strike Franklin half dollar can be considered truly rare. Both put the series' scarcity in strike quality instead. Coin World and Wikipedia each add that Franklin halves were heavily melted for their silver, so some dates are scarcer today than their mintages suggest.
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Questions about the 1954 Franklin Half Dollar
- How much silver is in a 1954 Franklin Half Dollar?
- A 1954 Franklin Half Dollar is 90% silver and contains 0.3617 troy ounces of pure silver as struck. Circulated coins have lost a little to wear, so the trade prices them at 0.715 troy oz per $1 of face value, or 0.3575 troy oz for this coin.
- What is a 1954 Franklin Half Dollar worth?
- Its silver melt value is shown at the top of this page and is recalculated from the live silver spot price each time the page loads. Coins in collector grades can be worth more than melt, which depends on condition and is not covered here.
- How many 1954 Franklin Half Dollars were made?
- 43,627,183 were struck for circulation across 3 mints. Philadelphia struck 13,188,203 with no mintmark. Denver struck 25,445,580 with a D mintmark. San Francisco struck 4,993,400 with an S mintmark. A further 233,300 proofs were struck.
- Is the 1954 Franklin Half Dollar a key date?
- No. No issue of the Franklin Half Dollar series is flagged as a key date here. Price guides name four key dates for this series, and it is worth saying why none of them is flagged here. Coin World writes that "Based on mintage figures, the key dates in the series are 1948, 1949-S, 1953 and 1955 coins". Wikipedia prints the same four, but the footnote on that sentence cites Coin World, so the two are one witness rather than two, and coincollecting.com repeats the list without offering a reason of its own. Those four issues are also exactly the four lowest business-strike mintages of the series, so what is on offer is a mintage ranking relabelled, and this dataset never flags a key date from mintage size. The specialist sources disagree outright: CoinWeek's collector guide says Franklin half dollars "were produced in significant quantities and there are no date rarities in the series", and Gainesville Coins writes that no regular-issue business-strike Franklin half dollar can be considered truly rare. Both put the series' scarcity in strike quality instead. Coin World and Wikipedia each add that Franklin halves were heavily melted for their silver, so some dates are scarcer today than their mintages suggest.
- Is a 1954 half dollar silver?
- Yes. Every Franklin Half Dollar struck from 1948 through 1963 is 90% silver.
Mintage sources
- Domestic and Foreign Coins Manufactured by Mints of the United States, 1793-1970 (Bureau of the Mint, US Department of the Treasury). Silver coinage is tabulated per mint and per calendar year: Philadelphia in Table XIX, Denver in Table XXVII, San Francisco in Table XXXV.
- Franklin Half Dollars (1948-1963) mintages, coinmintages.com
- Franklin half dollar, Wikipedia. Carries both the narrative series history and a mintage table that reports Philadelphia coinage as one combined figure with the proofs in parentheses.
- Numista catalogue: 1/2 Dollar "Franklin Half Dollar", United States
- Annual Report of the Director of the Mint for the Fiscal Year Ended June 30, 1955 (Bureau of the Mint, US Department of the Treasury), Table 15, "United States coins manufactured, calendar year 1954", page 36.
- Franklin Half Dollar, Coin World coin values
- Franklin Half Dollar Key Dates & Values (1948-1963), coincollecting.com
- Franklin Half Dollar, 1948-1963: A Collector's Guide, CoinWeek
- The Most Valuable Franklin Half Dollars, Gainesville Coins