The Bugs Bunny Franklin Half Dollar Error Coin
Coin collecting is a popular hobby, and error coins often become highly sought after by collectors. One such error coin is the “Bugs Bunny Franklin Half Dollar.” This coin, minted between 1948 and 1963, features an amusing die clash error, resulting in a buck-toothed appearance on Benjamin Franklin’s portrait. This unique feature has earned the coin its playful name and a special place in collectors’ hearts.
The Franklin Half Dollar: A Brief Overview
The Franklin Half Dollar was designed by John R. Sinnock, who was the Chief Engraver of the United States Mint at the time. This half-dollar coin was first minted in 1948 and continued to be produced until 1963. The coin’s obverse displays a portrait of Benjamin Franklin, a well-known American Founding Father, while the reverse features the iconic Liberty Bell.
Collectors are drawn to the Franklin Half Dollar because of its historical significance, patriotic imagery, and silver content. These coins, struck in 90% silver, have intrinsic value based on the price of silver alone. Unlike the Kennedy half dollar, which was later minted with less silver, every Franklin half dollar holds at least its melt value in silver.
What Makes the Bugs Bunny Franklin Half Dollar Special?
The Bugs Bunny Franklin Half Dollar stands out among error coins due to a minting mishap that caused Benjamin Franklin’s portrait to appear as though he has buck teeth. This error was the result of a die clash, where the reverse side’s eagle’s wings impressed upon Franklin’s mouth, creating a spike that looks like buck teeth.
This unusual error can be found on Franklin half dollars from various years, but the most famous examples are from 1955 and 1956. These coins gained the nickname “Bugs Bunny” due to the popularity of the cartoon character during the 1950s.
While this error doesn’t affect the coin’s value in a major way, it has made these coins more desirable among collectors, especially those seeking quirky and unique items.
Key Features of the Franklin Half Dollar
| Feature | Description |
|---|---|
| Obverse Design | Portrait of Benjamin Franklin |
| Reverse Design | Liberty Bell and Small Eagle |
| Years Minted | 1948-1963 |
| Metal Composition | 90% Silver, 10% Copper |
| Designer | John R. Sinnock |
Value of Bugs Bunny Franklin Half Dollars
| Year | Condition (MS63-MS65) | Value (Estimated) |
|---|---|---|
| 1955 | $50 – $100 | $1,950 – $5,000 |
| 1956 | $65 – $130 | $40+ |
| Circulated | Normal 1955/1956 | $7 (melt value) |
The Value and Demand of the Bugs Bunny Franklin Half Dollar
The Bugs Bunny Franklin Half Dollar is not an extremely rare coin since the die clash occurred multiple times during production. However, some versions of this coin, especially from 1955, are highly valued by collectors. The 1955 Franklin half dollar holds the lowest mintage in the series, with only 48,200 coins produced.
Collectors often refer to the 1955 Bugs Bunny Franklin Half Dollar as the “Frankenbunny” or “Bucktooth Franklin.” In top condition, uncirculated versions of this coin can be worth up to $1,950, with Full Bell Line examples fetching as much as $5,000. Franklin half dollars from 1955 and 1956 in mint condition (graded MS63 to MS65) typically sell for $50 to $130, depending on the specific year and condition.
Meanwhile, circulated versions of the 1955 and 1956 Franklin half dollars, including those with the Bugs Bunny error, are usually closer to their silver melt value, which is around $7 per coin if silver is priced at $20 per ounce.
Conclusion
The Bugs Bunny Franklin Half Dollar is a fascinating piece of American numismatic history. Its charming die clash error, which gives Benjamin Franklin a buck-toothed appearance, makes it a must-have for collectors interested in unique error coins. Though not exceedingly rare, the 1955 Bugs Bunny Franklin Half Dollar is especially prized due to its low mintage and potential value, making it a delightful addition to any collection.
FAQ’s
Why is it called the Bugs Bunny Franklin Half Dollar?
It’s named for the buck-toothed appearance on Franklin’s portrait, which resembles the cartoon character Bugs Bunny.
What caused the Bugs Bunny error?
The error occurred due to a die clash, where the reverse die’s eagle wing impressed on Franklin’s mouth, creating a spike that looks like teeth.
Are all Franklin Half Dollars Bugs Bunny coins?
No, only certain Franklin half dollars, especially those from 1955 and 1956, have this error.
How much is a 1955 Bugs Bunny Franklin Half Dollar worth?
Depending on its condition, a 1955 Bugs Bunny half dollar can range from $50 to $5,000.
What is the melt value of a Franklin Half Dollar?
The melt value depends on the price of silver, but it’s generally around $7 when silver is priced at $20 per ounce.