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CoinWeek Giveaway # 633 Sponsored by…
1956 TYPE 2 FRANKLIN NGC PF 68 STAR- “We The People” Inset
A Mid-Century Masterpiece with Eye Appeal That Stops Collectors Cold
The 1956 Franklin Half Dollar Proof Type 2 stands as one of the most visually compelling coins of the series. More importantly, this example, graded PF68★ by Numismatic Guaranty Company, captures a pivotal moment in U.S. Mint history.
At first glance, it shines with bold reflectivity and striking detail. However, the real story begins with a subtle design change that reshaped the Franklin series forever.
The Backstory: A Quiet Change That Created a Collector Favorite
In 1956, the United States Mint made a deliberate adjustment to the Franklin Half Dollar’s reverse design.
Earlier proof coins from 1950 through early 1956 used what collectors now call the Type 1 reverse. This version features:
- A lower-relief eagle
- Four thin feathers to the left of the perch
Then, mid-year, everything changed.
The Mint introduced the Type 2 reverse, which displays:
- A bolder eagle in higher relief
- Only three long, distinct feathers to the left of the perch
That shift may sound minor. Yet collectors quickly recognized the difference. Today, the Type 2 reverse defines the final era of Franklin proofs through 1963.
Even more intriguing, Type 1 coins account for only about 5% of the total mintage. As a result, the Type 2 became the standard—but not necessarily the most visually impressive.
Why the ★ (Star) Designation Matters
Not every high-grade coin earns a star. In fact, fewer than 1% of eligible coins receive this distinction from NGC.
The ★ designation signals exceptional eye appeal beyond the numeric grade. For a PF68 coin, that means this example rises above others with the same technical score.
NGC awards the Star based on three key visual traits:
- Vibrant toning
Rich, natural colors enhance the coin without hiding its brilliance. - Superior luster
Strong reflectivity creates intense “flash” under light. - Striking contrast
Near-Cameo or near-Ultra Cameo contrast can elevate the coin’s visual impact.
Because of these factors, collectors actively seek out Star-designated coins for Registry Sets and elite collections.
Technical Specifications
This proof issue reflects the craftsmanship of mid-century U.S. coinage:
- Mintage: 669,384
- Composition: 90% silver, 10% copper
- Weight: 12.5 grams
- Diameter: 30.6 mm
Although the Type 2 reverse appears more frequently than the Type 1, true high-end examples remain difficult to locate, especially with premium eye appeal.
Rarity Meets Demand: Market Perspective
However, the story changes with the Star designation.
Coins graded PF68★ often command $240 or more, depending on:
- Colorful toning
- Strong cameo contrast
- Overall visual impact
In other words, collectors do not just buy the grade—they compete for the look.
Why This Coin Stands Out
This 1956 Type 2 Franklin Half Dollar Proof represents more than a late-series issue. It marks a design evolution, a technical achievement, and a modern collecting challenge all in one.
Furthermore, the ★ designation transforms it from a high-grade coin into a standout showpiece.
For serious Franklin Half Dollar collectors, this coin delivers the perfect combination of:
- Historical significance
- Scarcity in top condition
- Exceptional visual appeal
That combination creates lasting demand—and undeniable “wow” factor.
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