1948 Franklin Half Dollar, Philadelphia Mint, PCGS MS67 FBL

The 1948-P Franklin Half Dollar represents the inaugural year of one of America's most historically significant coinage series. Designed by Chief Engraver John R. Sinnock and championed by Mint Director Nellie Tayloe Ross, this coin marked a departure from the beloved Walking Liberty design and introduced Benjamin Franklin as the first non-allegorical figure to appear on a circulating U.S. half dollar. The Philadelphia mintage of 3,006,814 pieces ranks as the third-smallest production run of the entire Franklin series, making early dates particularly desirable to collectors.

This exceptional specimen is graded PCGS MS67 FBL (Full Bell Lines), a designation earned by approximately 86% of all 1948-P submissions and representing superior strike quality with fully defined Liberty Bell details on the reverse. The coin exhibits the characteristic sharp features and crisp definition that distinguish first-year 1948 halves from later dates in the series. With a population of only 16 examples graded higher and 58 total certified by PCGS, this MS67 FBL represents an important rarity within the date.

Composed of 90% silver and 10% copper, this 12.5-gram coin retains the full numismatic appeal and precious metal content that makes Franklin half dollars enduring favorites among serious collectors. The 1948-P remains a cornerstone issue for Franklin Half Dollar date sets and registry set collectors, particularly in this elevated grade with the coveted Full Bell Lines designation. Certificate #36846777.