The 1964 silver quarter is the last year of issue of silver quarters for general circulation by the US Mint. Up until and including 1964, the US quarter dollar coin was composed of 90 percent silver. Beginning in 1965 and continuing to the present day, US quarters for business circulation have no silver content. They are now made of a cheap alloy that when melted down is worth maybe a few cents.
The year 1964 is marked by coin collectors as the death of silver coinage in the US. From then on, instead of quarters, dimes and half dollars being made of the precious metal silver, they are mere tokens in a fiat currency system.
The 1964 quarter is not particularly rare at all. They were produced in abundance by the Philadelphia and Denver Mints. Nonetheless, because of their silver content, they are worth much more than twenty-five cents today.
Value of the US Silver Quarter
Up to 1964, US silver quarters were worth twenty-five cents. When the US stopped making quarters, dimes and half dollars from silver, the value of the old silver coinage became tied to the price of silver. Suddenly, the 1964 silver quarter became much more valuable than twenty-five cents.
- In fact, at the time of this writing, a 1964 silver quarter, if melted down and sold for its silver content is valued at $2.77. That is over 1100 percent of its face value. (values from Coinflation)
Old (pre-1965) silver dimes, half dollars and silver dollars are also worth far more today than their original face value. How’s that for inflation?
Get in on the Action
1964 Washington Quarters were produced in abundance. You can buy these as a investment hedge and as keepsakes form a time when coins had real value. As the US dollar continues to decline in value, these coins will keep appreciating. Make your purchases through Amazon or through our preferred broker, Golden Eagle Coins.
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