1956 50C MS (PCGS# 6671)

The June 2012 Baltimore Auction

  • Auctioneer:
    Stack's/Bowers
  • Lot Number:
    2783
  • Grade:
    MS67
  • Price:
    $734.00
Lot Description
<strong><em>Tied for finest certified by PCGS. </em></strong>Soft pastel sky blue and rose highlights glow throughout with a nuance of fiery deep golden iridescence at the rims on both sides. A pleasing Gem that will do justice to any PCGS Franklin half dollar&nbsp;<em>Registry Set </em>currently being formed.<br /> Franklin half dollars are interesting to contemplate from a numismatic viewpoint. As strange as it may seem today, in 1948 when the new motif was released there was not much attention paid to it at all, although it was dutifully covered in the two monthly magazines of the era, <em>The Numismatist</em> and <em>The Numismatic Scrapbook Magazine.</em> The motif was not particularly appreciated by collectors, and the result in essence was a large unstifled yawn. These were also parlous times in the numismatic market, which was undergoing a major slump, after having experienced good times during World War II (when commodities were scarce and cash to spend on coins was plentiful) and shortly afterward. This slump lasted through 1950, after which it began to recover. Because of this relatively few bank-wrapped rolls of half dollars were saved by collectors in the early years.&nbsp;<br /> Even into the early 1950s, there was not much attention paid to them. Those wanting to build collections could do at face value plus a small premium, through the hundreds of coin shops that were scattered throughout America. Even in the great coin boom of 1960 to 1964 Franklin halves were not front row center. All of this changed as the years went on, attention was paid to the previously unheard of Full Bell Lines designation, certain dates and mintmarks were found to be relatively scarce in high grades, and the rush was on. Today, in 2012, Franklin halves are very popular. One nice thing about the series is that there are no &ldquo;impossible&rdquo; rarities, and a nice set in MS-65 is relatively inexpensive. Costs rise with certain scarcer higher grades, primarily because of
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