Recommissioned on 15 December 1873, Franklin operated in the North Atlantic Squadron. On 11 April 1874, she stood out to sea to join the European Squadron as flagship until 14 September 1876. On 9 January 1876, while Franklin was at Lisbon, Portugal, Ordinary SeamanEdward Maddin and SeamanJohn Handran jumped overboard and rescued a shipmate from drowning, for which they were later awarded the Medal of Honor.[2] In the aftermath of the Salonika Incident in May 1876, the U.S. Ambassador, Horace Maynard, requested that Franklin steam to the Aegean Sea to protect U.S. interests and citizens.[3] Later that year, Franklin transported the corrupt politician William M. "Boss" Tweed — arrested in Spain after escaping from Ludlow Street Jail in New York City — from Spain to New York City, where she arrived on 23 November 1876.[4][5][6]
Franklin was placed out of commission at Norfolk, Virginia, on 2 March 1877 and recommissioned the same day as receiving ship for Naval Station Norfolk. On 21 October 1907 her cutter, Cutter No. 2, with a launch lashed to its starboard side, was in a collision with a barge under tow by the tow steamer Pioneer at Norfolk resulting in the capsizing of the cutter and launch. The cutter sank and one occupant of the launch drowned.[7]
Franklin remained in service as a receiving ship at Norfolk until 14 October 1915, which marked her final decommissioning. She was stricken from the Naval Vessel Register on 26 October 1915 and sold.