$1 FV 90% Silver Franklin Half Dollars - AU
The $1 FV 90% Silver Franklin Half Dollars - AU is a silver coin. The listed metal amount is 0.715 oz.
History and background
Circulating silver dimes, quarters and half dollars connect precious metal content with ordinary American monetary history. The Coinage Act of 1965 removed silver from circulating dimes and quarters and reduced the half dollar’s silver content. That transition helps explain why older ninety percent silver and later forty percent silver half dollars are distinct bullion categories rather than one uniform product.
Design and product identity
The coin type named in the offering supplies its design tradition. Walking Liberty, Franklin, Kennedy, Mercury, Barber and Standing Liberty are different series, not interchangeable labels for any old silver coin. A mixed-denomination offering may include more than one design. Face value totals the denominations of the coins; it does not state a retail price or an equal number of troy ounces.
Product specifications
- Metal: Silver
- Product format: Coins
- Listed metal amount: 0.715 oz
- Fineness or alloy: 90% silver composition
- Mint or maker attribution: United States Mint
- Finish or condition: About Uncirculated
- SKU: 90AUFH
Understanding the metal content
FV means face value: it adds the original denominations of the coins in the lot. One face-value dollar can be formed by ten dimes, four quarters or two half dollars, but a mixed lot does not promise a particular combination unless stated. Circulation wear can affect the remaining metal in old coins. A lot’s listed bullion amount is therefore not the same thing as its face value or its number of pieces.
Finish and condition
AU means About Uncirculated and describes a lightly circulated condition category. It is different from a Mint State designation and should not be silently converted into a specific certified number. The actual surface preservation of a historic coin remains distinct from the amount of precious metal it contains.
Preserving the product
Preserving the surface and the original identifying information helps retain the product’s physical history. Handle an unencapsulated collectible by its edges where appropriate and avoid polishing or abrasive cleaning. Keep a certified holder or stated assay package intact when retaining its identification matters. A brighter surface created by cleaning is not the same thing as a higher original condition grade.
Material, design and numismatic identity
A product’s history is carried by several different kinds of information. The issuing or manufacturing name explains its origin, the design identifies its subject, the metal specification describes its material and the condition language describes its preservation. A date can connect the piece with a particular program or historical period without proving that it is rare. These features remain meaningful together even when two offerings contain similar amounts of precious metal. Keeping them distinct provides a more accurate description of the actual object.
Reading the coin as a manufactured object
The obverse and reverse are the two principal sides of a coin. Raised design elements are called devices, while the surrounding open areas are fields. Dies transfer the intended image to a prepared metal blank during striking. Those production terms help explain why design, strike and later surface wear are separate subjects. A weakly expressed detail can relate to manufacture, while circulation wear reflects what happened afterward. The coin’s physical history is therefore more specific than its denomination or its metal alone.
Historical and technical references: U.S. Mint background, U.S. Mint background.
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Understanding Product Pricing
Understanding Product Pricing
Our prices include the product premium and the approximately 4% payment processing fee charged by our payment providers. We accept all major credit cards, debit cards, and PayPal, and the price you see is the price you pay with no hidden checkout fees.
Shipping & Return
Shipping & Return
Please call our office within 3 days from the delivery date if you would like to return your order. Please note that you may be liable for a market-loss fee.
What is a market loss fee?
What is a market loss fee?
Due to the nature of this industry, pricing can change every second for precious metals. For this reason, we (along with all major dealers) fully hedge our inventory. This process locks in our margin at the time that we purchase the inventory, so that we do not have spot-market risk. When your order is confirmed with us (not when you pay), we “buy back” our hedge on those items, thus making the metal completely susceptible to changes in its market value. If you decide you would like to cancel your order, return your order, etc and there is a decrease in spot value of your material, you are responsible for paying us that difference in price. We often get asked if the spot market goes up, do we pay you? Although we understand where it would seem as if that should be the case, that is not how hedging works. We do not make extra profit if the spot market goes up as the cost to “buy back” the hedge on your metal also increases. Our margin is our margin, regardless of the spot market. In the event that the spot market goes up, we just break even on the product due to this rise in cost. So, no we do not pay you if the market goes up.
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