When it comes to collecting rare coins, one of the most amusing finds is the “Bugs Bunny” Franklin half dollar. This half dollar coin is famous not only for its historical significance but also for a unique error that makes Benjamin Franklin look like he has buck teeth. In this article, we’ll explore the origins of the Franklin half dollar, the quirky error that led to its nickname, and why it’s so popular among coin collectors.
The History of the Franklin Half Dollar
The Franklin half dollar was first introduced in 1948 and minted until 1963. Designed by John R. Sinnock, the coin features Benjamin Franklin’s face on the front (obverse) and the Liberty Bell on the back (reverse). Franklin was a key figure in American history, so having his portrait on this coin adds a patriotic touch.
Since the coin is made of 90% silver, even worn or damaged Franklin half dollars have a value based on their silver content. This makes them highly desirable, not just for the coin’s design but also for its melt value.
The “Bugs Bunny” Error Explained
The “Bugs Bunny” error is a die clash that occurred during the minting process. This error happened when the die used to stamp the eagle’s wings on the reverse of the coin struck the obverse die, leaving an impression on Franklin’s face. The resulting error gave Franklin the appearance of having buck teeth, much like the famous cartoon character, Bugs Bunny.
This error was most common in Franklin half dollars minted between 1948 and 1963. The 1955 and 1956 Franklin half dollars are particularly well-known examples of this error. While the error doesn’t add significant value to the coin, it has made these coins more popular among collectors, who enjoy their quirky appearance.
Value and Demand for Bugs Bunny Half Dollars
Though the Bugs Bunny error appeared on many Franklin half dollars, it remains a favorite for collectors due to its unique look. The 1955 Franklin half dollar is especially sought after because it had the lowest mintage in the series, with only 48,200 coins produced. Some high-quality versions of this coin can be worth up to $5,000 if they are in excellent condition.
Coins graded between MS63 and MS65 typically sell for around $50 to $100, while Full Bell Line examples in top condition can fetch as much as $5,000. Even in circulated condition, Franklin half dollars are valued around their silver melt price, which is about $7 when silver is $20 per ounce.
Table: Value of Bugs Bunny Franklin Half Dollars
| Coin Year | Condition | Estimated Value |
|---|---|---|
| 1955 | Circulated | $7 (melt value) |
| 1955 | Uncirculated | $40+ |
| 1955 | MS63-MS65 | $50-$100 |
| 1955 | Full Bell Line | Up to $5,000 |
| 1956 | MS63-MS65 | $65-$130 |
Conclusion
The Bugs Bunny Franklin half dollar is an interesting and fun coin to add to any collection. Its quirky error, combined with the historical significance of Benjamin Franklin’s image, makes it a popular choice for collectors. While the die clash error doesn’t drastically increase the coin’s value, it adds a level of uniqueness that many collectors enjoy. Whether you’re an experienced coin enthusiast or just getting started, the Bugs Bunny Franklin half dollar is worth considering for your collection. If you need help finding one or want advice on buying or selling coins, Grand Rapids Coins is here to assist.
FAQ’s
What makes the Bugs Bunny Franklin half dollar unique?
The Bugs Bunny Franklin half dollar features a die clash error that gives Benjamin Franklin a buck-toothed appearance, which is why collectors find it amusing and desirable.
Are Bugs Bunny Franklin half dollars rare?
While not exceedingly rare, the Bugs Bunny error occurred on many Franklin half dollars. However, the 1955 version is especially valuable due to its low mintage.
How much is a 1955 Bugs Bunny Franklin half dollar worth?
Depending on its condition, a 1955 Bugs Bunny Franklin half dollar can be worth anywhere from $7 to $5,000, with uncirculated and Full Bell Line versions fetching the highest prices.