1950 50C, CA PR (PCGS# 86691)
The November 2011 Baltimore Auction
Lot Number: 2477
View the Original Auction
1950 Franklin Half Dollar. Proof-67 Cameo (PCGS). CAC. An impressive Gem Cameo Proof of the date, a splendid coin with frosty motifs and satiny, reflective fields. From the first year of proof coinage since the end of that production technique in 1942; World War II called an end to special strikings due to the war effort. Typically seen with uniformly satiny surfaces, any sort of cameo contrast, even light contrast, is the exception and not the rule for 1950 proof half dollars. Of the 51,386 proofs of the date struck, only an infinitesimal percentage of that mintage can claim cameo status. As noted in our headline, the present Gem is tied for finest certified of the date by PCGS within the Cameo designation. In recent times attention has turned to ""modern"" 20th century issues such as Franklin half dollars and Washington quarters, to name a few. Several years ago there would have been only slight interest in a proof 1950 half dollar of the quality offered here, but times have changed. We suspect this renaissance of interest in 20th century coins will propel the present beauty to heights previously unrecorded when it crosses the auction block.<br /> <br /> <strong>Numismatic Reflections by Q. David Bowers<br /> </strong>1950 marks the jumping off spot for modern proofs, following a run of issues from 1936 to 1942 and, before that, an illustrious series ending at 1916. Proofs from 1950 to date form a very popular specialty, with probably hundreds of thousands of devotees. Among issues of the early 1950s, such as this, those with cameo finishes are few and far between. What a nice opportunity this is for an advanced buyer and connoisseur!