1961 was one of the final years that US silver quarters were minted. These coins aren't rare, but they do have value as silver bullion.

1961 Quarter

Specifications

Type: Washington Quarter
Year: 1961
Face Value: $0.25
Composition: 90% silver, 10% copper
Silver Weight: 5.62 grams
Total Weight: 6.25 grams
Current Silver Bullion Value: $3.22

The US minted the 1961 quarter with no mint mark and also the 1961 D quarter. The mint mark can be found on the reverse side of the coin.

Series Location Quantity Minted
1961 Philadelphia 37,036,000
1961 D Denver 83,656,928

Value

The value in circulated condition is worth at least its weight in silver. The scrap silver value for this coin is $3.22 as of September 19, 2019. This scrap value is calculated from the current silver spot price of $17.83 per ounce.

Over 37 million 1961 quarters with no mint mark were issued so they aren't rare. These quarters essentially only carry a premium in uncirculated condition where each coin is valued at around a $4 premium over the scrap silver value.

The 1961 D quarters are even less rare. Only in uncirculated condition do they command a premium of around $3 over the scrap silver value.

Proof coins are available and they are valued at around $10 each. Graded proof coins with a grade of PR 67+ will sell for more. There were about three million collectible proof coins minted so they aren't rare.


See also:

1962 Quarter
1960 Quarter
1959 Quarter