Sealed Bag of Franklin Half Dollars May Be Worth $100,000

Above, Franklin silver half dollars. Photo by Armand Vaquer.

Generally, from different articles I have read, Franklin silver half dollars aren't that popular within the numismatic world for varying reasons.

But a sealed canvas bag of 2,000 Franklin silver half dollars set to go up for auction is a big exception. The bag of coins may fetch $100,000 at auction according to Numismatic News.

They wrote:

A canvas bag containing 2,000 silver half dollars struck in 1963 at the Denver Mint and sewn shut there 60 years ago will bring a pretty penny for an elderly northeast Oklahoma woman who received the coins as a gift from her father a half-century ago.

“This original, mint-sealed bag contains $1,000 face value of 50-cent denomination coins, but each 1963 half dollar depicting Benjamin Franklin contains about $9 worth of silver. Also, mint condition 1963 Denver Mint half dollars usually sell today for about $50 each, so I would not be surprised if this bag sold for $100,000 or more,” stated Rick Tomaska, co-founder of Rare Collectibles TV of Los Angeles, Calif.

To read more, go here.