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1959 Proof

Half Dollars · Franklin Half Dollars · 1948–1963
Regular Proof
Weight12.5 g
Diameter30.6 mm
MintPhiladelphia
StrikeProof
Mintage 1,149,291
EdgeReeded
Alignment↑↓ Coin
Composition90% Silver, 10% Copper
DesignerJohn R. Sinnock
Collector's Key IDCK-4191

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About this coinHistory

By 1959, Philadelphia's proof program had settled into a rhythm that produced 1,149,291 Franklin Half Dollars for collector sets, a substantial jump from the previous year. The Type 2 reverse die, with its three-feather eagle and crisper bell rim, remained in use throughout the year. What separates the 1959 issue from its immediate predecessors is the increased frequency of early-strike Cameo examples, a trend that accelerated as Mint engravers continued to refine the die preparation process introduced two years earlier.

Population data tells the story clearly. Both PCGS and NGC have certified larger numbers of 1959 proofs with Cameo (CAM) designation than 1958, and Deep Cameo (DCAM) examples, while still scarcer, surface in commercial channels with enough regularity to support active price discovery. Auction archives at major firms document that brilliant proofs without contrast trade at modest premiums over melt, while top-tier Deep Cameo coins in grades of PR-67 or higher can command four-figure prices when eye appeal is exceptional. Diagnostic checks include the angle of frost on Franklin's hair and the texture of the bell's yoke, both areas where die wear first compromises contrast. Collectors should also examine the fields adjacent to the date for hairlines acquired during careless removal from original Mint packaging.

The 1959 issue is often the date where new Franklin proof collectors first encounter the contrast designations as a practical buying criterion rather than an abstract grade modifier. Hairlines from original Mint cellophane storage remain the single most common condition issue across the Franklin proof series, and patient buyers who hold out for clean fields and untouched cheeks assemble noticeably better sets than collectors who buy the first certified holder they encounter. Original-skin bag-stored coins with peripheral pastel toning often command meaningful premiums above similar-grade dipped examples, and patient buyers who hold out for original surfaces typically assemble better long-term sets than collectors who chase technical grade alone. To trace how the proof program evolved across the full 1948-1963 window, see the Franklin Half Dollar series history.

Price guideReference

Reference data only — not an appraisal.

GradeDescriptionLowHigh
PR-63 Proof (PR)
Frequently Asked QuestionsFAQ
How many 1959 Proof Franklin Half Dollars were minted?
1,149,291 were struck.
What is a 1959 Proof Franklin Half Dollar made of?
90% Silver, 10% Copper, weighing 12.5 g.
What is the melt value of a 1959 Proof Franklin Half Dollar?
Its melt value is its metal content multiplied by the current spot price. See our melt calculator on the metals pages for a live figure.
Is the 1959 Proof Franklin Half Dollar a key date?
It's a more common date overall, though scarcer die varieties may carry a premium — see the varieties list.