what is a silver quarter worth 1964

3 min read 27-12-2024

The 1964 quarter holds a special place in the hearts of coin collectors. Unlike later quarters, it's composed of 90% silver, making it significantly more valuable than its face value. But just how much is a 1964 silver quarter worth? Let's delve into the details.

Understanding the 1964 Quarter's Composition

Before we discuss value, it's crucial to understand what makes a 1964 quarter unique. In 1965, the United States government changed the composition of the quarter, reducing the silver content to just 40%. This means 1964 quarters are the last of the high-silver content coins minted by the US. That 90% silver content is the key to their increased value.

Factors Affecting the Value of Your 1964 Quarter

The value of your 1964 silver quarter depends on several key factors:

1. Condition (Grade):

The condition of your coin drastically affects its value. Professional grading services, such as PCGS and NGC, use a standardized grading scale, usually from 1 (poor) to 70 (perfect). The higher the grade, the more valuable the coin. Even minor scratches or damage can significantly reduce its value. For example, a coin in mint state (MS) condition can be significantly more valuable than one that's well-worn.

2. Mint Mark:

The mint mark indicates where the coin was minted. Philadelphia coins have no mint mark, while Denver coins have a small "D" and San Francisco coins have an "S". The mint mark can slightly influence a coin's value, with some mint marks being rarer than others. It's essential to check the mint mark on your coin carefully.

3. Demand:

Demand for collectible coins, like the 1964 quarter, fluctuates based on several factors, including the current price of silver. Higher silver prices typically lead to higher coin values. Specific coin collector demand can also drive the price up or down.

How to Determine the Value of Your 1964 Silver Quarter

Determining the precise value of your 1964 quarter requires a multi-pronged approach:

Visual Inspection: Carefully examine your coin for any wear, scratches, or damage.
Online Resources: Utilize online resources like eBay sold listings, coin price guides (like the Red Book), and specialized coin websites. Search for similar coins in comparable condition. Remember, these are guides, and actual prices may vary.
Professional Grading: If you believe your coin is in exceptional condition, consider having it professionally graded by PCGS or NGC. This will give you a precise and verifiable grade, increasing its potential value.
Local Coin Dealers: Consult local coin dealers or numismatists. They can provide an appraisal based on their expertise and current market conditions. Always check their reputation beforehand.

What to Expect: Approximate Value Range

While an exact price is impossible to give without examining the coin's condition and other factors, a 1964 quarter in average circulated condition might be worth around $5–$10 in silver value alone. However, a coin in exceptional condition (MS65 or higher) could fetch hundreds, even thousands of dollars.

Protecting Your 1964 Silver Quarter

Once you've determined the value of your 1964 quarter, it's crucial to store it properly to preserve its condition. Use protective coin holders or sleeves to safeguard against scratches and tarnishing. Consider storing your collection in a humidity-controlled environment to further protect your investment.

Conclusion: Your 1964 Silver Quarter's Treasure

A 1964 silver quarter represents a piece of numismatic history. Its value extends beyond its face value due to its silver content and collector demand. By carefully examining your coin and using the resources mentioned above, you can determine its worth and potentially uncover a hidden treasure in your collection. Remember, the condition is paramount in determining its value. So, carefully handle and protect your 1964 silver quarter!