I have 6 of these tokens/medallions that say "the Franklin mint across the top edge of the Coin. Beneath it in the center of the token is Benjamin Franklin, and he is facing left. Beneath him it dates 1969 on three of them and 1971 on the other three. On the reverse is an eagle holding or carrying some sort of shield and under that is a banner the says "the Franklin mint. Two of the 1971 tokens have ridged sides while the rest have smooth sides. It looks as if the two with the ridged sides are real silver but I'm not sure what the other four are made of. All of the tokens measure 1.5 inches in diameter. Not sure weight. Now for the error part... They have all seemed to have been struck by something Causing some sort of small dent in the tokens. All the dents are in different spots on each coin. The dents look like some one shot a marble at the coin because they are smooth rounded dents. I've tried to find this token online but can't find it or anything about it. I believe it may be a rare token. I received these from my grandmother about 8 yrs ago in a bag of coins she gave me to add to my collection. I believe her husband at some point worked at the Franklin mint at some point and maybe that's how she received them. If anyone knows anything about this coin please inform me! I would like to find out the mintage, the value with the strike through, and anything else that would be good to know. Thank you!
Well, rare or not, not many people collect modern privately minted coins. So, I'd say most of these Franklin mint bullion rounds are just worth melt. Same with most other privately minted stuff, except for Engelhard and Johnson Matthey. Also, they're called reeded edges, not ridged.
i found this out from my other repeat thread These were minted as samples to show the coinage quality. 1969: 39mm Gold on Sterling Proof mintage 50. Nickel Silver Proof Like mintage 5252. 1971: 39mm Sterling Proof 1000, Proof-Like 28,050. Nickel Silver 2650. Franklin Bronze Proof 1500, Proof-Like 9000. what do you think about those numbers? or is it still pretty worthless...
i found this out from my other repeat thread These were minted as samples to show the coinage quality. 1969: 39mm Gold on Sterling Proof mintage 50. Nickel Silver Proof Like mintage 5252. 1971: 39mm Sterling Proof 1000, Proof-Like 28,050. Nickel Silver 2650. Franklin Bronze Proof 1500, Proof-Like 9000. what do you think about those numbers? or is it still pretty worthless...
It is not the low mintage that is in question, it is the point that not many people collect Franklin Mint Medals. There is no demand so there is no premium above the melt value of the precious metal ones.
Franklin Mints "Nation's Monuments" 3pc Bronze Medal complete set Here is a link to a full medal set that I have in bronze that they only minted 1,000 sets of. I would be lucky to find a buyer for $20 for the set.
It's worth melt. It's like the gold-plated state quarters. They're only worth the value of the gold, not much.
