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Discover The Value Of Your 1964 Quarter - Up To $38,400!
The 1964 quarter is a coin that holds historical significance in the United States, as it was the last year that quarters were made with high silver content. Minted to commemorate the bicentennial of George Washington's presidency, the 1964 quarter features the first president of the United States on the obverse side and a bald eagle on the reverse side.
The coin's composition of 90% silver and 10% copper makes it a valuable piece for coin collectors and investors alike. While the average value of a 1964 quarter ranges from $5.13 to $14, depending on quality and mint location, certain factors can influence its value. These factors include the coin's condition, rarity, and any errors that may be present.
In fact, some 1964 quarters have sold for as much as $38,400 USD at auction due to their exceptional quality and rarity. In this article, we will explore the historical significance of the 1964 quarter, its design and composition, the factors that influence its value, and provide tips for buying and selling this highly sought-after coin.
The historical significance of the 1964 quarter as the last year for producing coins with high silver content adds to its value, with rare errors and high grading increasing its worth up to $38,400.
The 1964 quarter was produced to commemorate the 200th anniversary of George Washington's presidency, making it a highly sought-after item for coin collectors and history enthusiasts alike.
The 1964 quarter features George Washington on the obverse side and a bald eagle on the reverse side, with mintmarks indicating where they were produced in Philadelphia or Denver.
The coin was made of 90% silver and 10% copper, weighing 6.25 grams with a diameter of 24.30 mm and reeded edges.
Its rarity and errors can greatly influence its value, with grading systems used to evaluate its condition.
The average value of a 1964 quarter ranges from $5.13 to $14, depending on quality and mint location, while coins in absolute mint condition or with rare errors can fetch much higher prices.
Design and Composition
Featuring a bald eagle on the reverse side and George Washington on the obverse side, the 1964 quarter was made of 90% silver and 10% copper and weighed 6.25 grams. The design of the 1964 quarter was created to commemorate the 200th anniversary of George Washington's presidency, and it was the last year that the United States Mint produced coins with high silver content. The diameter of the coin is 24.30 mm, and it has reeded edges.
The 1964 quarter is not only historically significant, but it is also an impressive example of coin design. The bald eagle on the reverse side of the coin is a powerful symbol of the United States, while George Washington on the obverse side is a fitting tribute to the first president of the country. The 90% silver content of the coin gives it a unique and valuable quality, and the reeded edges make it easy to identify.
Overall, the design and composition of the 1964 quarter make it a sought-after coin for collectors and investors alike.
Read about 1964 Penny
Factors Influencing Value
Factors influencing the value of a 1964 quarter include rarity, errors, and condition, which can greatly impact its worth and make it more valuable to collectors and investors. Rarity is determined by the number of quarters minted in a particular year and location, which can affect its scarcity and demand.
For example, quarters produced in the Denver Mint are generally rarer compared to those from the Philadelphia Mint. Additionally, errors in the minting process, such as doubled dies or RPMs, can cause a 1964 quarter to become more valuable to collectors. Even small variations in the design or minting process can significantly increase the value of a coin.
Condition is another important factor that determines the value of a 1964 quarter. Coins that are in pristine condition, with no signs of wear or damage, are much more valuable than those that are heavily circulated or damaged. Grading systems exist to evaluate the condition of coins, which range from poor to mint state.
Coins that have been graded as mint state, meaning they are free of any wear or damage, can fetch much higher prices at auctions or from collectors. Overall, the value of a 1964 quarter depends on several factors, and collectors and investors should carefully consider these factors before buying or selling these coins.
Grading and Rarity
Assessing the condition and rarity of a 1964 quarter is crucial in determining its potential worth to collectors and investors. One of the grading systems used to evaluate the condition of coins is the Sheldon Coin Grading Scale, which ranges from 1 (barely identifiable) to 70 (perfect condition).
A 1964 quarter in mint condition (MS-65 or higher) can fetch a higher price than one in circulated condition, as the latter may have dents, scratches, or other signs of wear. However, rare errors such as the Blakesley Effect, Reverse of 1965, doubled die, and RPM can increase the value of a 1964 quarter even if it is not in mint condition.
Rarity is another factor that can influence the value of a 1964 quarter. Factors such as mint location, date, and errors can affect the rarity of a coin. For example, 1964 quarters minted in Denver (marked with a 'D') are rarer than those minted in Philadelphia (marked with a 'P'). Additionally, 1964 quarters with errors such as the doubled die or RPM can be rarer than those without errors.
Collectors and investors should seek out reliable sources to determine the rarity and value of their coins, such as reputable coin dealers or online marketplaces.
Buying and Selling Tips
When buying and selling 1964 quarters, it is important to consider factors such as rarity, condition, and errors, and to use reputable sources such as coin dealers or online marketplaces. Rarity can greatly influence the value of a 1964 quarter, with certain mintmarks or errors making a coin more desirable to collectors. The condition of the coin, graded on a scale from Poor (P) to Perfect Mint State (MS-70), can also greatly impact its value. Coins in circulated condition may be worth only their silver content, while those in absolute mint condition can fetch much higher prices.
When looking to buy or sell a 1964 quarter, it is important to use trustworthy sources to ensure fair pricing and authenticity. Reputable coin dealers can provide expert evaluations and fair prices for coins, while online marketplaces such as eBay can offer a wider selection of coins for sale. It is important to thoroughly research the value of a specific coin before making a purchase or sale, and to use caution when dealing with private collectors or unknown sources. The table below provides a summary of the average value range for 1964 quarters based on condition and mint location, as well as the potential value for coins in absolute mint condition or with rare errors.
|Average Value Range
|Absolute Mint Value
|Rare Error Value
|$5.13 - $6.00
|$6.50 - $7.25
|$7.50 - $8.50
|$9.00 - $10.50
|$11.00 - $12.50
Note: Values are estimates and subject to change based on market conditions and individual coin characteristics.