1964 was the final year that the US minted silver quarters and many quarters were minted this year. The 1964 quarters have value as both numismatic coins and as silver bullion. Keep reading to learn more about these silver coins.

1964 Quarter

Specifications

Type: Washington Quarter
Year: 1964
Face Value: $0.25
Composition: 90% silver, 10% copper
Silver Weight: .18084 oz.
Total Weight: 6.25 grams
Current Silver Bullion Value: $3.05

The US minted the 1964 quarter with no mint mark and also the 1964 D quarter. The mint mark, when present, can be found on the reverse side of the coin.

Series Location Quantity Minted
1964 Philadelphia 560,390,585
1964 D Denver 704,135,528

Value

These coins don't have much numismatic value because so many of them were minted. In fact you can still find some in circulation- it's rare but not impossible to find one of these coins in your change. This applies to both the 1964 quarters with no mint mark and the 1964 D quarters.

These coins in circulated condition are worth at least their weight in silver. The silver melt value per coin is $3.05 as of November 14, 2019. This melt value is calculated from the current silver spot price of $16.85 per ounce.

Both the 1964 quarters with no mint mark and the 1964 D quarters are worth around $7 each in extremely fine condition. In uncirculated condition the value is around $9 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $15.

Proof coins with no mint mark are available and they are valued at around $11 in PR 65 condition. The United States Mint sold 3,950,762 proof sets, which was a record number at the time. There was high demand because this was the last of the older proof sets that were minted from 1950-1964.

Grading System

Extremely fine- The hair lines look sharp. The only signs of wear are on the eagle's breast and at the top of the eagle's legs.

MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.

MS 65 gem uncirculated- There is strong luster and eye appeal. A few light contact marks may be present but they are barely noticeable.

PR 65 proof- There are no flaws to this coin. A few blemishes may be present.

 

Sources:

The Red Book


See also:

1963 Quarter
1962 Quarter
1961 Quarter