LUSTRE

Lot 005Coin values

1949-S Franklin Half Dollar

SAN FRANCISCO (S) · 90% SILVER, 10% COPPER · 3,744,000 STRUCK

The answer

Worth about $24⁠–⁠$37 circulated and $770⁠–⁠$1,050 in MS-65.

The 1949-S Franklin Half Dollar is a scarcer date from the San Francisco Mint, with 3,744,000 pieces struck. In circulated grades (G-4 to EF-40) our estimate is $24⁠–⁠$37, and a well-preserved MS-65 example is estimated at $770⁠–⁠$1,050. Circulated coins of this date trade at or just above the value of their metal, so the live melt value on this page is the best guide to a worn coin.

1949-SSan Francisco (S)

Catalogue medallion. We do not yet hold a licensed photograph of this exact date and mint, so none is shown rather than one with a different date.

Franklin half dollar obverse: Benjamin Franklin facing right
Franklin half dollar reverse: the Liberty Bell with a small eagle
Design reference 1963-D Franklin half dollar. The date on this photograph is not this issue's date. Public domain, credit John Baumgart (Variety Slabbing Service), via Wikimedia Commons.
Mint
San Francisco (S)
Composition
90% silver, 10% copper
Mintage
3,744,000
Weight and size
12.5 g · 30.6 mm
Designer
John R. Sinnock
RarityScarce
PlentifulRare

Scarcer than 91% of the 35 issues in the Franklin series with a recorded mintage. 3,744,000 struck. Mintage is the number struck, not the number that survive.

Value ladder
Varieties to look for

Full Bell Lines (FBL)

Look at the bottom of the bell on the reverse. If the horizontal lines are complete and unbroken, the coin is Full Bell Lines and commands a premium in Mint State, often several times the price of an ordinary strike.

Mint mark position

D and S sit above the bell's yoke on the reverse. Philadelphia coins have none.

Cleaning

Many Franklins were dipped. Original frosty luster is preferred.

Questions

About the 1949-S Franklin

How much is a 1949-S Franklin Half Dollar worth?

Lustre's editorial estimate (Oct 2026) is $24⁠–⁠$37 for circulated examples (G-4 to EF-40) and $770⁠–⁠$1,050 in MS-65. These are estimates, not an appraisal or market data. A coin in the grade you hold may sell for less at a dealer, who needs a margin.

Is a 1949-S Franklin Half Dollar silver?

Yes. It is 90% silver, 10% copper and weighs 12.5 g, which is 0.3617 troy ounces of pure silver. Its melt value is that weight multiplied by the current silver spot price, shown live on this page.

How many 1949-S Franklin Half Dollars were minted?

3,744,000 were struck at the San Francisco Mint.

Where is the mint mark on a Franklin Half Dollar?

On the reverse, above the yoke of the bell and below the E in STATES. Philadelphia coins have no mint mark.

Is my 1949-S Franklin Half Dollar rare?

It is a scarcer date. It is worth more than a common date in better grades.

Neighbouring issues

More Franklin Half Dollar values

All 35 Franklin Half Dollar issues

Sources and method

Where these numbers come from

Franklin half dollar, Wikipedia: mintage (business strikes), composition, weight, diameter, edge, designer, mint mark position.

Lustre editorial grade-value estimates, Lustre: grade value ranges (estimates, not market data).

gold-api.com spot prices (reference level for estimates), gold-api.com: reference spot prices behind the estimates.

How the estimates are made. Facts reviewed Oct 2026.

Circulated$24⁠–⁠$37
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