
The 1956 Franklin Half Dollar was struck with two different reverse designs, Type I and Type II, concerning the small eagle on the reverse. Type I features four distinct feathers to the left of the perch, while the Type II shows only three visible feathers. Both types were minted, with Type I used for both circulation strikes and proofs, and Type II primarily used on proofs.
The reason for this post is the value of Type I proofs. This design was exclusively for business strikes. That makes proofs with this design valuable. For instance, in mint state PR64, type I retails for $210 while Type II goes for $44.
As you can see, identifying Type I will bring huge value that only increases with if cameo or deep cameo. At gem PR65, Type I cameo retails for $225 and deep cameo, $975; compare to Type II, cameo PR65, $67, and Type II, deep cameo, $165.
Here’s how to tell, compliments PCGS CoinFacts:

You can count those feathers as die markers. But an easier way is to note how Type I has a poor strike, not showing the complete feathers:

That’s where to look.
The best way to find Type I is via proof sets, which typically go for $50:

You will need magnification on sets like the one above to see if the offering is Type I or II.
You can find Type I on eBay because the seller doesn’t know what he has:

If you use a photo app to expand the photo, you’ll see this is Type I:

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