December 17, 2020 1 min read
Market Analysis: Toned 1958-D Franklin half for $32,900
By Steve Roach , Coin World, Published: Dec 16, 2020, 4 PM
Legend auctions are well known for including wonderful toned coins, and the Dec. 3 Regency Auction 42 sale included a 1958-D Franklin half dollar graded Mint State 67+ full bell lines with a green CAC sticker that soared past its estimate of $7,000 to $10,000 on its way to $32,900.
The Denver Mint issue is a common date in the series but, as Legend pointed out, “There are nice Franklins, there are high grade Franklins, then there is THIS Franklin that is a WORLD CLASS coin that is just stunning. Mother Nature and the numismatic gods really did their ABSOLUTE FINEST work, this is a masterpiece!”
On the varied color seen on both sides, Legend’s cataloger ranked it as a 10+ on its 1 to 10 color scale usually reserved for toned Morgan silver dollars, explaining, “Electric shades of killer neon like violet/pearl green/raw blue explode all over the obverse in a sparkly way. The reverse has a killer mix of iridescent reddish rims, with phenomenal nearly neon like greenish gold centers.”
It is one of a dozen in this grade certified by Professional Coin Grading Service, and another example with less dramatic toning on the obverse but also with a green Certified Acceptance Corp. sticker, realized $5,040 at a Heritage auction this summer.
The original article and others like it can be found at https://www.coinworld.com/news/us-coins/market-analysis-toned-1958-d-franklin-half-for-32-900-dollars online.