Franklin Mint Coins
Do not confuse Franklin Mint Coins with those that were produced by the US Mint. It is true that these coins are crafted extremely well, when it comes to coin collecting, but their value is generally around the melt value of the metal used to mint them. The saving grace with these collectable coins is the value they posses if you find the right buyer that just have to have them.
For those of you that are into coin collecting a few facts should be made known. The US Mint strikes its silver coins from 99.9% pure silver bullion. The Franklin Mint uses sterling silver. This sterling silver is only 92.5% pure silver. The remainder is generally made up of copper, but other alloys have been known to be used including germanium, zinc and platinum. The minimum millesimal fineness of sterling silver should be 925.
When making a purchase of a US mint coin from the Franklin Mint, collectors might wish to check prices so they do not over pay. As an example the 2010 silver eagle from the US Mint is being offered at $25.95. This same coin from the Franklin Mint is $75, but comes in a nice wooden box and a certificate of authenticity.
The Franklin Mint does have a great selection and is a place where coin collectors can find coins that are already sold out by the US Mint, but they should not be the first choice for those coins still in production.
There are a few sites that specialize in the reselling of Franklin Mint Coins, but the price is dependent upon the demand. One fact is for sure, these coins are of a high quality workmanship.
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Comments (1)
March 28th, 2010 at 9:08 am
There’s no such metal as ‘geranium’. I think you meant germanium, but I couldn’t quickly find any reference to the Franklin mint actually using it in any of their coins.