Although plentiful in an absolute sense, as are all Proof Franklin half dollar issues, the 1954 is a rare find when it comes with outstanding quality and cameo. As explained by Rick Tomaska in the 2018 edition of his Guide Book of Franklin & Kennedy Half Dollars:

"The 1954 Proof Franklin has always been rare in ultra or deep cameo. While nicely contrasted examples were abundant at one time, exceptional snow-white cameo coins with deep, black-mirrored fields have always been rare. These latter can be quite spectacular in their cameo contrast and eye appeal."

The example to the left was sold by Stack's Bowers Galleries in the June 2023 Showcase Auction, where it realized $4,800.