The statue of Franklin depicts him as a mature statesman, wearing contemporary dress but wrapped in a classical toga. His head is modelled on Caffiéri's portrait, as is his neck tie and suit coat. He stands before a rectangular pedestal and leans against a tall stack of books that stand on it.
A stone base, carved by Robert North, is inscribed "This Statue of Dr. BENJAMIN FRANKLIN/Was presented by WILLIAM BINGHAM, Esq.r/ MDCCXCII."
The statue is now exhibited in a window designed for it in the facade of the Library Company's new home at 1314 Locust Street.

commissioned in Franklin's honor around the time of his death.