1948 Franklin Half Dollar Value
In the current market, a 1948 Franklin Half Dollar changes hands for roughly $24.50 at the low end and $1,155 at the top, and its metal content alone is worth $13.20 as of 2026-06-01 Certified examples in top grades can run far higher.
1948 Franklin Half Dollar value by grade
| Grade | Estimated value |
|---|---|
| Melt value floor(metal content, 2026-06-01) | $13.20 |
| Good (G-4) | $24.50 to $36.50 |
| Very Good (VG-8) | $31.50 to $46.00 |
| Fine (F-12) | $40.50 to $59.50 |
| Very Fine (VF-20) | $56.00 to $82.50 |
| Extremely Fine (XF-40) | $84.00 to $124 |
| About Uncirculated (AU-50) | $123 to $182 |
| Mint State (MS-60) | $191 to $281 |
| Choice Unc (MS-63) | $337 to $495 |
| Gem Unc (MS-65) | $786 to $1,155 |
Estimated retail range, updated 2026-06-15. Estimates are modeled from mintage rarity and metal content, not auction records. Actual sale prices vary with certification, eye appeal and market timing.
What is a 1948 Franklin Half Dollar worth right now?
At the entry level, well-worn examples bring about $24.50. The same coin in gem uncirculated condition is a $1,155 coin. Grade is everything: two examples of the 1948 Franklin Half Dollar can differ in price by an order of magnitude based purely on preservation.
1948 Franklin Half Dollar specifications
- Series
- Franklin Half Dollar
- Year
- 1948
- Mint mark
- None (Philadelphia)
- Mintage
- 3,006,814
- Composition
- 90% silver, 10% copper
- Weight
- 12.5 g
- Diameter
- 30.6 mm
- Edge
- Reeded
- Designer
- John R. Sinnock
- Silver content
- 0.36169 troy oz
Mintage figure: US Mint reports (approximate).
Why this coin has no mint mark
The 1948 Franklin Half Dollar comes from Philadelphia, which struck coins without a mint mark. If the spot where branch-mint coins show a letter is empty on your 1948, that is exactly as it should be.
What makes the 1948 Franklin Half Dollar valuable
Every 1948 Franklin Half Dollar contains 0.3617 troy ounces of pure silver, currently worth $13.20. That intrinsic value is a hard floor under the price: no matter how worn the coin, the silver inside cannot be graded away.
At 3,006,814 struck, this is a better date: not a legendary rarity, but clearly harder to locate than the common issues, especially with sharp detail and original surfaces.
Context adds the final layer to the 1948 Franklin Half Dollar. Short, completable, and silver through and through, the Franklin set is a classic bridge between bullion stacking and serious numismatics. Owning this date means owning a piece of that story, and demand for the series as a whole sustains liquidity for every issue in it.
Summary: the 1948 Franklin Half Dollar is valued between $24.50 and $1,155 as of 2026-06-15. Estimates combine mintage rarity, key-date status and metal content; they are editorial guidance, not an offer to buy.