In 1964 the last silver quarters were minted in Philadelphia, Pennsylvania and Denver, Colorado. One side of the quarter shows the first president of the United States, George Washington, while the other shows the presidential coat of arms, the eagle with the wreath. These two mints can be easily differentiated because coins minted in Denver have a capital D stamped on back side of the coin just below the wreath, while the Philadelphia coins contain no mint markings. The 1964 quarters are made up of ninety percent silver while the other ten percent is copper, weighing in at six and a quarter grams.
Given the current price of silver the current melt value for these coins is about five dollars which means you probably will have more financial gain selling to a collector than acquiring the current melt value as this value is in flux with whatever happens to be the current price of silver. Unless your coin is extremely worn it is not suggested you sell for melt value over selling to collectors that will often pay more. Coin dealers also buy these 1964 silver quarters so check around if you are looking to sell so you may get the largest return your coin may offer.
Coin value rises depending on coin condition. Condition is described as good, fine, extremely fine, and uncirculated. Uncirculated coins always yield the highest return.
Uncirculated status is given to coins that show little to no visible signs of wear. Coins must be examined closely. This is the highest grade your coin can rate.
Extremely fine coins will show some slight abrasions and wear, with some of the smaller details having been worn down lightly.
Fine coins are moderately worn, these coins will likely fetch the same dollar amount as the coined valued at extremely fine and good.
Good status means that coins still show most of their details but they are just worn down by wear. Silver content often is what fetches the dollar value when the coin is valued at good.
There where more than seven hundred million Denver minted 1964 silver quarters. Not many of these that have stayed in uncirculated condition which adds to their auction value. These are referred to as 1964-D quarters. In Philadelphia five hundred and sixty million 1964 quarters were minted. Between the two mints there should be plenty around in circulation so keep an eye out.
The value of these quarters minted in either location varies, but depending on coin quality these coins can fetch six to fourteen dollars, and above. But keep in mind this pricing is variable depending on current silver value, the amount of coins currently in circulation, demand for coins, and condition. Cleaning coins can be damaging and is not recommended as this will not add in any way to the coin’s value.
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