1965 Quarter Value including Error Coins, SMS, Proof Coins and others Worth Money

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1965 Quarter BU

The 1965 Washington quarter is a unique and transitional coin in U.S. numismatic history. Although it was the first U.S. quarter minted without silver, it still carries a potential for value, especially among collectors who are aware of certain errors or high-grade specimens. Let’s explore why this coin holds significance, its history, and how it might have hidden value in your pocket change.

Historical Context

The 1965 Washington quarter marks a pivotal shift in U.S. coinage. Prior to this year, quarters, dimes, and half dollars were minted using 90% silver. However, due to the rising prices of silver and fears that the value of the metal would exceed the coin’s face value, the U.S. Mint transitioned to a copper-nickel alloy. President Lyndon B. Johnson’s Coinage Act of 1965 officially ended silver in dimes and quarters, and these coins were instead struck with a copper core clad in a copper-nickel alloy.

1965 Quarter Value Chart

While most 1965 quarters are worth their face value (25 cents), coins in mint condition or with specific errors can be significantly more valuable. Here’s a breakdown of their approximate values based on condition with references.

GradeValue
XF45$0.25
Brilliant Uncirculated$3 to $5
MS63$8
MS65$22
MS67$400
MS68$5,250

The MS (Mint State) grading system reflects the coin’s condition, with higher numbers representing coins that are closer to perfect condition.

The Obverse and Reverse Design

The obverse of the 1965 quarter features the iconic profile of George Washington facing left, designed by John Flanagan. The portrait was initially intended to be a temporary bicentennial commemorative design for Washington’s 200th birthday in 1932, but it became the permanent design.

On the reverse side, an eagle with outstretched wings holds a bundle of arrows, symbolizing strength and preparedness. Beneath the eagle are olive branches, representing peace. Flanagan’s powerful image of the eagle dominates the reverse, reinforcing the patriotic symbolism of the coin.

1965 Quarter Composition and Physical Features

The 1965 quarter differs significantly from its predecessors in composition. Prior to 1965, quarters were 90% silver and 10% copper, but beginning this year, they were composed of 75% copper and 25% nickel over a pure copper core. The coin weighs 5.67 grams and has a reeded edge, a design element originally used to prevent coin clipping when silver was more valuable.

Rare 1965 Quarters and Error Coins

Despite the exceptionally high mintage of over 1.8 billion 1965 quarters, only a few rare coin errors exists that are sought after by numismatists and collectors.

The 1965 silver quarter is one such error. These coins were accidentally created when some of the 1964 silver planchets were used for 1965-dated coins. These silver quarters are extremely rare. The value of these 1965 Error Coins can be worth $1,300 to $2,000 depending on their condition.

NGC Certified 1965 Washington Quarter Double Die Obverse (DDO) Error Coin FS-026

Another valuable error is the 1965 doubled die quarter. This error occurs when a die used in striking the coin is misaligned, which can cause a doubled image on one or both sides. The most obvious signs of doubling are usually found in the words “In God We Trust” or “Liberty,” or in the date. These errors can make a coin worth hundreds in circulated condition or even thousands of dollars in higher grades.

1965 Special Mint Sets

In 1965, there were no S-minted proof quarters produced. The U.S. Mint had suspended proof coin production from 1965 to 1967 due to the coin shortage during that time, and no coins carried the “S” mint mark.

Instead, the mint focused on Special Mint Sets (SMS) for collectors, which were different from the traditional proof sets. These SMS coins were produced in Philadelphia, with no mint mark, and featured a unique satin-like finish, somewhere between a regular circulation strike and a proof finish.

US Mint 1965 Special Mint Set in Packaging

These sets contain coins that are better struck and more carefully preserved than the coins issued for circulation. Quarters from these sets are often in much better condition, which can increase their value to collectors.

The value of these coins, depending on their finish and condition, can range from a few dollars to several hundred dollars for high-grade or cameo varieties.

How to Identify a Valuable 1965 Quarter

While most are worth face value, you may have a valuable 1965 Quarter if it meets one of the following criteria:

  1. Mint State Condition: Quarters that have been preserved in near-perfect condition can be worth anywhere from a few dollars to several thousand dollars, depending on their grade.
  2. Error Coins: Look for errors such as the doubled die or a silver planchet. A 1965 silver quarter value with these errors can be worth as much as $8,000 or more.
  3. Cameo or Deep Cameo Finish: Special Mint Set coins with a cameo or deep cameo finish, which exhibit a frosted image against a mirrored background, are also highly prized by collectors.

Conclusion

The 1965 Washington quarter holds a unique place in U.S. coinage history. While most of these coins remain in circulation and are worth little more than their face value, some rare examples are worth a significant amount of money. Collectors should focus on coins in excellent condition or those with minting errors, such as the 1965 silver quarter or doubled die varieties.

If you think you have a valuable 1965 quarter, it’s a good idea to have it graded by a professional coin grading service like PCGS or NGC. Even though most 1965 quarters are not made from silver, the chance of owning a rare, error coin or a high-grade specimen makes it worth investigating further.

1776-1976 Bicentennial Quarter Values, Special Mint Sets, Errors, Proofs and others Worth Money

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Created to commemorate the 200th anniversary of the United States’ independence, the US Bicentennial quarter was minted only in 1975 and 1976. Due to their unique reverse design, they are among the most iconic coins in American numismatic history. 

However, not all are created equal. Some Bicentennial quarters are worth more than others, particularly those with specific mint marks and conditions or those that contain silver. In this article, we will explore the factors that make certain Bicentennial quarters valuable and how to identify the ones that contain silver.

Historical Context

In the mid-1970s, the U.S. Mint celebrated the nation’s anniversary by issuing commemorative designs for the quarter, half-dollar, and dollar coins. The Mint held a public competition for the quarter to choose the reverse design. 

The winning design, created by Jack L. Ahr, features a colonial drummer boy with a victory torch encircled by 13 stars, symbolizing the original thirteen colonies. The obverse of the coin retains the familiar portrait of George Washington.

These coins were minted in 1975 and 1976, but all bear the dual date “1776-1976” to signify the Bicentennial. No 1975-dated quarters were produced. While the brilliant uncirculated coins were released into circulation, special proof versions were also minted for collectors.

Bicentennial Quarter Value Chart

GradeValue
Good (G) to Very Fine (VF)
$0.25 (Face value)
Extremely Fine (XF)
$0.50–$1.00
About Uncirculated (AU)
$1.00–$2.00
Brilliant Uncirculated (BU/MS60-MS63)
$3.00–$6.00
MS65-MS67$10.00–$20.00

1976 Quarter Mintages

1976-S Quarter (25 cents) Bicentennial San Francisco Mint

The Bicentennial quarters were produced in large quantities by the U.S. Mint at three primary locations: Philadelphia, Denver, and San Francisco. In addition to the standard circulation coins, proof and silver proof versions were produced specifically for collectors. Below is a breakdown of the mintages from each mint location, including the proof varieties.

  • Philadelphia Mint (No Mint Mark): These coins were struck for general circulation and do not have a mint mark. While they are not particularly rare, high-grade examples can still be valuable. Mintage: Approximately 809,784,016
  • Denver Mint (“D” Mint Mark): Similar to the Philadelphia Mint, these were produced for circulation. Mintage: Approximately 860,118,839
  • San Francisco Mint (“S” Mint Mark):
  • Clad Proof Strikes: These proof coins were part of the standard proof sets sold to collectors. They have a mirror-like finish and were struck using a unique process that produces sharper details. San Francisco Mint quarters in high grade or with silver content are among the most valuable. Mintage: Approximately 7,059,099
  • 40% Silver Uncirculated Strikes: These coins were included only in Uncirculated Sets sold by the U.S. Mint. They are composed of 40% silver and were intended for collectors. Mintage: Approximately 11,000,000
  • 40% Silver Proof Strikes: These proof coins, also composed of 40% silver, were included in special three-coin Silver Proof Sets, including the Bicentennial half dollar and dollar. Like the regular proof strikes, they have a mirror-like finish but are made of a silver alloy. Approximately 4,000,000

Bicentennial Quarter Value and Prices

While billions of 1776-1976 quarters were minted, just a fraction of them are worth more than their face value. The Bicentennial Quarter’s value depends on several factors, including condition, rarity, and whether it contains silver.

Condition (Grade)

As with any coin, the condition or grade of a Bicentennial quarter significantly impacts its value. Coins that have been circulated typically show signs of wear, diminishing their value to collectors. Uncirculated or proof coins with high grades from a coin grading service, such as the Professional Coin Grading Service (PCGS) or Numismatic Guaranty Corporation (NGC), are generally worth more.

Mint State (M.S.) Coins: Bicentennial quarters that are graded MS65 or higher exhibit sharp details and few, if any, imperfections. Depending on the exact grade and market conditions, such coins can be worth $20 to $30.

1976-S 25c Silver Washington Quarter Proof PCGS PR69DCAM 40% Silver

Proof Coins: Proofs are struck using a unique process that creates a mirror-like finish. The U.S. Mint usually sells these coins directly to collectors and never intended them for circulation. Bicentennial proof quarters, particularly those in perfect Proof-70 (PR70) condition, can fetch prices ranging from $10 to $50 or more, depending on demand.

Notable Bicentennial Quarter Varieties

1776-1976 Bicentennial Quarter Doubled Die Varieties

Doubled die coins result from a minting error where the die used to strike the coins has a misaligned or doubled image. Bicentennial quarters with doubled die errors are rare and can be pretty valuable. The most famous doubled die variety for the Bicentennial quarter is found on the obverse, where the doubling is evident in the inscriptions “LIBERTY” or “IN GOD WE TRUST.” These coins can sell for $100 or more, depending on the extent of the doubling and the coin’s condition.

Off-Center Strikes

Off-center strikes occur when a coin is not correctly aligned with the die during striking, resulting in a missing portion of the design. Bicentennial quarters with significant off-center strikes are uncommon and can be worth several hundred dollars, especially if the date and design elements are still clearly visible.

1976 D Quarter, Double Clip

A clipped planchet is a coin struck on a metal blank that was not fully formed. These errors result in a coin with a missing section, usually along the edge. Bicentennial quarters with clipped planchets are relatively rare and can be worth $50 to $150 or more, depending on the size and location of the clip.

Full Drum Details

1976 Quarter with Full Drum Details (FDD)

Many of the coins destined for circulation contained weak strikes, and the details on the drum on the reverse are a sign to look for. 

How to Verify Silver Bicentennial Quarters

There are a few methods you can use to tell if your Bicentennial quarter contains silver:

1776-1976 U.S. Mint Bicentennial Silver Uncirculated Set with Original Government Packaging (OGP)
1776-1976 U.S. Mint Bicentennial Silver Uncirculated Set with Original Government Packaging (OGP)
  1. Mint Mark: As mentioned earlier, Bicentennial silver quarters have an “S” mint mark, indicating they were struck at the San Francisco Mint.
  2. Weight: Silver quarters weigh more than their clad counterparts. A 40% silver Bicentennial quarter weighs approximately 5.75 grams, compared to 5.67 grams for a copper-nickel-clad quarter.
  3. Edge Inspection: The edge of a Bicentennial silver quarter will appear uniformly silver. In contrast, a clad quarter will show a distinct copper stripe along the edge due to the copper core.
  4. Ping Test: Silver quarters produce a distinct, high-pitched ringing sound when dropped on a hard surface, unlike the duller sound of a clad coin.

Conclusion

The Bicentennial quarter is a beloved piece of American history, and while most are only worth their face value, some can be valuable. Quarters in high-grade condition, with mint errors, or those containing silver are the ones to look out for. Whether you’re a seasoned collector or a casual enthusiast, watching for these valuable coins can be rewarding and enjoyable.

If you come across a Bicentennial quarter in your pocket change, take a closer look—with silver prices trending higher, you might have a small piece of history worth more than you think.

Which quarters are worth money?

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junk silver quarters

The American quarter dollar coin, commonly referred to as the “quarter,” has been a cornerstone of U.S. currency since its initial release in 1796.

With a face value of 25 cents, or one-quarter of a dollar, the quarter has undergone several transformations in its material composition while retaining its iconic status in U.S. coinage.

Though the purchasing power of a quarter has dramatically declined it remains an essential piece of everyday transactions and a popular collector’s item.

From the inception of the quarter in 1796 until 1964, these coins were minted with a composition of 90% silver and 10% copper. This alloy was a longstanding standard for U.S. silver coinage, tracing its origins back to European traditions of using precious metals in currency. The use of silver gave these coins intrinsic value beyond their face denomination, making them both practical for trade and desirable for their precious metal content.

In 1965, the US Mint abandoned using silver for circulating coins due to rising silver prices and began issuing modern clad quarters that are still in use today.

Early American Quarters

The designs of the quarter have evolved over the years. Starting with the Draped Bust Quarter 1796, followed by the Capped Bust and Seated Liberty Designs were the mainstays of the 19th century.

1796 – Draped Bust Quarter: The first quarter was minted in 1796, featuring the Draped Bust design by Robert Scot. This design depicted Liberty with flowing hair and a draped bust on the obverse and an eagle surrounded by a wreath on the reverse.

Draped Bust Quarter

1804-1838 – Capped Bust Quarter: Following the Draped Bust design, the Capped Bust quarter was introduced. Designed by John Reich, this coin featured Liberty wearing a cap on the obverse and a simplified eagle on the reverse.

1838-1891 – Seated Liberty Quarter: The Seated Liberty design by Christian Gobrecht was used from 1838 to 1891. This design showed Liberty seated on a rock, holding a shield and a pole with a cap on the obverse, and an eagle with a shield on the reverse.

These early American quarters were minted in much lower quantities than today, making them highly sought after by collectors. Even worn and circulated Draped Bust quarters from the early 1800s can be worth $600 to $4,000 depending on the condition and year.

20th Century Quarters

1892-1916 – Barber Quarter: The Barber quarter, designed by Charles E. Barber, was in circulation from 1892 to 1916. This design featured Liberty with a laurel wreath on the obverse and a heraldic eagle on the reverse.

Even though Barber quarters are sometimes mixed with junk silver, these coins are prized by collectors. The value of common date Barber quarters can range from $10 to $15 in good condition up to around $100 in extra fine condition. Higher grades and uncirculated Barber quarters can command thousands at auction. Recently, a 1913-S Barber Quarter in Good (G4) condition realized over $2,500 at a Heritage Auctions event.

1916-1930 – Standing Liberty Quarter: Introduced in 1916, the Standing Liberty quarter was designed by Hermon A. MacNeil. It depicted Liberty standing with a shield and an olive branch on the obverse and an eagle in flight on the reverse.

Circulated Standing Liberty Quarter

The value of an early Standing Liberty quarter in circulated but good condition with a fully visible date can vary significantly based on the specific year and mint mark. The Type 1 design which showed bare breasts on the obverse, was initially shunned by the public. These coins were issued only in 1916 and early 1917 before being replaced with the Type 2 design. Type 1 Standing Liberty quarters in good condition are much rarer and in good condition are worth up to $300, while uncirculated coins typically sell for thousands at auction.

1932-Present – Washington Quarter: The Washington quarter was first issued in 1932 to commemorate the 200th birthday of George Washington. Designed by John Flanagan, this coin features a profile of Washington on the obverse and an eagle with outstretched wings on the reverse. All Washington quarters minted before 1965 are made from 90% silver and is valued based on the intrinsic value of the metal.

The current circulating coin is a derivative of Flanagan’s original design, maintaining the iconic image of Washington.

State Quarters Program and America The Beautiful Quarters

The U.S. Mint has used the quarter as a canvas for commemorative coin programs, most notably the State Quarters Program (1999-2008), which featured unique designs for each of the 50 states.

In more recent years, the Mint has continued to use quarters for other commemorative series, including the America the Beautiful Quarters series, highlighting national parks and other significant U.S. landmarks.

The programs produced billions of quarters, but within these mintages, there are notable errors and rarities that can be extremely valuable that you can look for in your change.

These error coins and varieties are often worth significantly more than their face value, making them important finds for numismatists. Below are some of the most notable and valuable error coins from both programs.

1999 Delaware Spitting Horse Error

  • Error Type: Die Crack
  • Value: $20 to over $100

This error appears as a die crack extending from the horse’s mouth on the reverse, making it look like the horse is “spitting.” Depending on the severity of the die crack, these errors can range from $20 to over $100, with some high-grade examples fetching even more.

2004 Wisconsin Extra Leaf High and Low Errors

  • Error Type: Die Gouge
  • Value: $100 to $1,500+

On the reverse of some 2004 Wisconsin quarters, there is an extra leaf on the corn stalk. There are two varieties: the “High Leaf” and the “Low Leaf.” These varieties occurred due to a die gouge. The “Extra Leaf” varieties are highly sought after and can sell for between $100 to $1,500 or more, depending on condition and grade.

1999 Georgia State Quarter Clad Layer Missing

  • Error Type: Missing Clad Layer
  • Value: $200 to $1,000

Some Georgia state quarters were struck without the outer copper-nickel clad layer, revealing the copper core beneath. This type of error significantly affects the coin’s appearance, with the quarter having a copper color. Missing clad layer errors can be worth between $200 and $1,000 depending on the severity and condition of the coin.

2020-W American Samoa Bat Quarter

  • Error Type: Doubled Die
  • Value: $50 to $200

Some of the West Point-minted 2020 American Samoa “Bat” quarters feature doubling in the letters and designs on the reverse. These quarters can range from $50 to $200, depending on the grade and extent of the doubling.

More Quarters Worth Money

1. 1916 Standing Liberty Quarter

  • Mint Mark: No mint mark; minted in Philadelphia.
  • Value: In mint state (MS) condition, it can fetch prices upwards of $25,000 to $100,000 or more, depending on the grade.

The 1916 Standing Liberty Quarter is the first year of issue for the Standing Liberty series and had a very low mintage of only 52,000 coins.

Designed by Hermon A. MacNeil, the 1916 quarter features Lady Liberty standing in a flowing gown with a shield and an olive branch.

Due to its rarity and historical significance, even lower-grade examples can fetch high prices, and mint-state specimens are extremely valuable, often selling for thousands of dollars at auction.

2. 1918/7-S Standing Liberty Quarter

  • Mint Mark: “S” mint mark for San Francisco.
  • Value: In high grades, this coin can be worth $15,000 to over $80,000.

The 1918/7-S Standing Liberty Quarter is a notable and rare error coin, featuring a prominent overdate where a “7” is struck over the original “8” in the coin’s date.

This variety was minted at the San Francisco Mint and is highly coveted by collectors due to its scarcity. In higher grades, especially uncirculated, this coin can fetch prices well into the tens of thousands of dollars.

It’s one of the most famous overdate errors in U.S. numismatics and a key date in the Standing Liberty Quarter series.

3. 1927-S Standing Liberty Quarter

  • Mint Mark: “S” mint mark for San Francisco.
  • Value: In high grades, this coin can range from $2,500 to over $30,000.

With a mintage of just over 396,000, the 1927-S Standing Liberty Quarter stands out as one of the key dates in the series.

In circulated conditions, it can be moderately valuable, but in uncirculated or high-grade conditions, its value can rise significantly, often reaching into the thousands of dollars due to its rarity and demand among collectors.

This coin is a must have for collectors aiming to complete a full set of Standing Liberty Quarters.

4. 1932-D Washington Quarter

  • Details: The first year of issue for the Washington quarter, designed by John Flanagan. The Denver mint had a relatively low mintage of 436,800 coins.
  • Mint Mark: “D” mint mark for Denver.
  • Value: High-grade examples can be worth between $5,000 and $30,000.

5. 1932-S Washington Quarter

  • Details: Another key date in the Washington quarter series with a low mintage of 408,000 coins.
  • Mint Mark: “S” mint mark for San Francisco.
  • Value: High-grade coins can range from $5,000 to $25,000.

6. 1950-D/S Washington Quarter

  • Details: This is a popular over mint mark variety where a “D” was stamped over an “S.”
  • Mint Mark: “D” over “S” for Denver.
  • Value: In mint state condition, it can be worth several hundred to a few thousand dollars.

7. 1964-D Washington Quarter

  • Details: This coin is notable for the doubled die obverse variety, where the date and lettering are doubled.
  • Mint Mark: “D” mint mark for Denver.
  • Value: High-grade examples can fetch prices in the range of several hundred to a few thousand dollars, depending on the degree of doubling.

Factors Affecting Value

  • Condition (Grade): Coins in mint state (MS) condition with no wear are generally more valuable. Coins are graded on a scale from 1 to 70, with higher numbers indicating better condition.
  • Rarity: Low mintage numbers or coins with unique features, such as errors or varieties, tend to be more valuable.
  • Historical Significance: Coins from significant years or first-year issues can be more sought after.
  • Demand: Popularity among collectors can drive up the value of certain coins.

Conclusion

These quarter dollar coins minted since 1900 are some of the most valuable due to their rarity, condition, and historical significance. Collectors and investors prize them for their unique characteristics and the stories they represent in the history of American coinage. If you own any of these coins, it is advisable to have them graded by a professional grading service to determine their condition and maximize their potential value.

America the Beautiful Proof 90% Silver Quarters and 5 oz Silver Coins

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American The Beautiful Proof 90% Silver Quarter coins

The America the Beautiful series, an ambitious project by the US Mint, was conceived as a continuation of the popular state quarters program that was launched in 2010. Each year, five new designs were released, featuring national parks, forests, and historical sites from each state, territory, and the District of Columbia. The complete series included 56 quarters by its conclusion in 2021, offering a numismatic journey through the country’s most cherished and significant locations.

The coin designs featuring a variety of locations that were chosen for their cultural, historical, and natural significance, making each release a snapshot of American heritage. This series not only appeals to collectors but also educates the public about the nation’s diverse landscapes and storied past.

The 90% silver proof quarters offer a blend of traditional coinage and collectible appeal, while the 5 oz silver bullion coins provide a substantial and striking option for collectors and investors alike.

American The Beautiful Proof 90% Silver Quarter coins

The proof versions of the America the Beautiful quarters are particularly sought after. Struck in 90% silver, these quarters harken back to the era when silver was a standard in everyday coinage. The proof coins are distinguished by their sharp, detailed designs and mirror-like finish, making them a standout in any collection.

These silver quarters are often considered the best value for buying ‘junk silver’ – a term used for older US coins with silver content. Unlike regular circulated coins, these proof quarters come in superior quality and have never been used in transactions, preserving not only their condition and aesthetic appeal, but also their full intrinsic value. The intrinsic value of their silver content, combined with their numismatic appeal, makes them an excellent choice for both collectors and investors seeking silver with historical and collectible significance. Each 90% Silver Proof Quarter is minted with 6.25 grams of pure silver.

The Allure of American The Beautiful 5 oz Silver Bullion Coins

Reverse of a 2011 ATB Glacier Montana 5 oz Silver Coin from the US Mint

The 5 oz silver bullion coins in the America the Beautiful series are a numismatist’s delight. These coins are unique not only for their large size but also for their detailed and artistic renderings of America’s natural and historical sites. Each coin contains five troy ounces of .999 fine silver, making them substantial in both weight and value.

Their large size allows for more intricate and prominent designs, showcasing the artistry and craftsmanship of the US Mint.

These coins are also available in both a highly collectible limited mintage proof variant, as well as a bullion version that was offered based on sales demand from investors. Some of these 5 oz silver bullion coins saw extremely high mintage levels during some years. While others saw very little demand, particularly during the early years of the series.

Additionally, their hefty silver content makes them an excellent store of value and a solid addition to any stack or investment portfolio. Oftentimes, these coins end up being sold back to local coin stores and bullion dealers, who often resell them in the secondary market rather than being melted down by a refiner. These secondary market America the Beautiful 5 oz Silver coins are often the cheapest way to acquire these coins at the best price. These will often contain a random selection of coins that were available throughout various years and are a great way to buy US Mint 5 oz silver coins.

Survival: Prepping with Silver

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Not too long ago, the idea of prepping, and having the tools to survive in the event of a disaster seamed pretty far fetched.

These days, it’s wise to be planning ahead as even the CEO of Chase has offered only dire predictions for the coming year.

The conditions we saw at the start of the pandemic with empty store shelves and limited supplies of basic necessities are likely to return.

Liquidity in both the stock and crypto markets continues to suffer while more companies announce layoffs following a year of record profits.

A new survey, published in January 2023, shows that more than 56% of households are unable to cover a one-time $1,000 emergency expense from their savings.

The amount of emergency savings needed by each person depends a lot of their expenses and emergency expectations. LifeHacker recommends that to calculate what you might need, you can estimate a week’s worth of expenses for food, bottled water, medications and any other necessities for your family.

Silver Preps

Having some money saved in the event of difficult financial times is practical and common sense. Stagnant wages and high inflation have already been making things difficult.

One of the first notions that comes to mind is to having fractional silver on hand for bartering.

“Junk Silver” is the best option for having fractional silver at home. It’s readily available and easy to authenticate. Most importantly, it’s affordable and easy to make regular purchases on a budget.

The coins in everyday circulation minted prior to 1965 were made from 90% pure silver mixed with some copper for durability.

These are coins that are of little interest to most collectors since most will show some wear and tear from circulation .

Each silver half dollar, quarter and dime minted before 1965 has known and verifiable amounts of pure silver and a small amount of copper.

Bag full of Junk Silver Quarters
Pile of junk silver quarters

During the time when silver was still circulating, the coin had real intrinsic value.

Buying 90% junk silver coins is the most practical fractional silver to stack that is hard to counterfeit and simple to authenticate.

Identifying 90% Silver Coins

Visually, you can identify junk silver pretty easily by looking at the rim of the coin. Coin roll hunters often use this trick when searching through boxes of bank rolls.

Weighing the coins is also a simple method to determine genuine junk silver. You will need a scale that measures in either troy ounces or grams.

Most kitchen scales or the herb scale you can get at the local gas station or from Amazon is often sufficient.

The table below shows how many grams of silver contained in each denomination of 90% junk silver:

DenominationFace ValueGross WeightASW
Half Dollar50 cents11.34 grams10.206 grams (.328 ozt)
Quarter25 cents6.25 grams5.625 grams (.1808 ozt)
Dime10 cents2.5 grams2.25 grams (0.0723 ozt)

Each $1 USD of face value yields approximately .715 ozt of silver. So, a $10 Face Value roll of silver quarters has roughly 7.15 troy ounces of pure silver.

Holding onto even a small stack of silver helps to understand the intrinsic value and why it has been used as real money for hundreds of years. We’ve seen in the wake of hurricanes and other natural disasters that debit cards, Apple Pay and ATM machines don’t work when the power grid goes out.

Junk silver is the most logical starting point when it comes to financial prepping with precious metals.

  • It fits all of the characteristics that are important in a SHTF scenario.
  • It is naturally fractional.
  • It is easy to authenticate in the field.
  • It is difficult to counterfeit.

40% and 35% Silver Coins

From 1964 until 1970, the Kennedy half-dollar coin was minted with an alloy that contains 40% silver. Not long ago many investors overlooked these coins because of the reduced silver content. Though 40% Kennedy half dollars can often be found with much lower premiums.

The war nickel was minted during World War II. From 1942 until 1945, nickel was a critical metal needed for the production of tanks and armor for vehicles. The metal used for the coins was reformulated to an alloy containing 35% silver.

1 oz Silver Coins and Rounds

After building a stack of junk silver, the most practical .999 fine silver options are typically 1 oz silver coins, rounds or bars. This weight is very common to find available from online bullion dealers and marketplaces or local coin shops.

As the recession takes hold, one ounce silver coins and rounds have become a popular way to hold an investment in silver.

Many people have similar questions when prepping with precious metals.

What is the difference between a coin and a round?

There is only one single characteristic that distinguishes a silver coin from a silver round.

Coins are minted by governments and are designated as legal tender.

This provides a guarantee that the weight and purity of each coin is minted to the exact specifications as outlined in the law.

For example, the face value on bullion coins such as the Canadian Silver Maple Leaf, is one Canadian dollar ($1 CAD). But the intrinsic value is based on silver spot price.

Silver rounds are similar to coins in shape, composition and dimension. They are designed to mimic the feel of coins and have the similar composition and silver purity.

The distinguishing factor is that silver rounds are produced and distributed by private mints and have no legal tender face value. One ounce silver coins and rounds share the exact same intrinsic silver value.

Premiums on silver rounds are lower than coins because of the face value and they have the backing of a trusted sovereign government.

Silver rounds from private mints will typically be less expensive than coins.

Modern History of Silver Coins in the US Economy

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Bag full of Junk Silver Quarters

Precious metals coins have been found by archaeologists and historians that date back thousands of years.

Historians and archaeologists from around the world have unearthed precious metal coins from cultures that vanished long ago. Many notable examples from China, India, Ancient Greece and Egypt are on display in museums.

Silver, Gold and other precious metals are found in natural deposits throughout the world. Coins minted from silver and gold have been valued, exchanged as the purest form of money since ancient civilizations.

The earliest known was the Lydians, an ancient Mediterranean civilization that has been discovered in part of modern day Turkey.

The Lydians are the first known culture to create coins from gold and silver. The earliest coins discovered were minted of an alloy similar to electrum. Electrum is a naturally occurring alloy containing gold and silver that also contains trace amounts of copper and other metals.

The Lydian stater coins have often been reported to be struck from this naturally-occurring alloy. However, modern analysis has shown that many were actually made from a specific and rather consistent alloy. A mixture of approximately 55% gold, 45% silver, and a small balance of copper.

In Ancient Greece, the silver drachma was the standard used for hundreds of years even into the early Roman Empire. Each drachma was minted with 4.3 grams of silver. the largest know, the Decadrachm contained 43 grams of silver.

Colonial times and long ocean voyages to the new world helped to establish a new routes for international trade. The economies of the Europe were funded by exploits gained through colonial expansion. Ships returning to Europe brought goods like sugar, corn and tobacco. The New World was also filled with treasures made from gold and silver.

Locally struck coins dating to as early as 1497 have been discovered at early settlements in the Caribbean.

The Spanish were the first to establish a mint in the New World in what is today in Mexico City. La Casa de Moneda was built by Spanish Colonial settlers in 1536 by order of King Charles I of Spain.

La Casa de Moneda has operated continuously as the oldest operating mint in North America. The flagship bullion coin is the Mexican Libertad Silver Coins which are minted on an annual basis.

Silver coins were also struck in mints established throughout the British colonies. The US Mint was established in Philadelphia in 1792 following the American Revolution.

Silver Coinage in the US economy

Silver is a store of value and wealth that has stood the test of time and technology. Silver was part of the bedrock that the American economy was built on. The Founding Fathers even included a mention of gold and silver in the Constitution.

Everyday Americans carried and used silver coins in everyday life for more than 173 years. Coins minted from alloys of silver were in circulation up until the 1960s.

Congress passed the Coinage Act of 1965. The passage of this act led to further debasement and ushered in the transitioned the dollar away from a gold-standard.

Prior to 1965, all dimes, quarters, half-dollar and dollar coins were 90% silver. Half dollar coins were debased to 40% silver in 1965. The final 40% silver coins intended for circulation were minted in 1970.

The debasement of the dollar and removal from the gold standard continued during Nixon’s first term as president.

For good reason, people began to horde old circulated silver coins. Sometimes old jars of these coins are found buried in someones backyard while doing renovations.

Today, these old circulated silver coins are referred to as Junk Silver. They are bought, sold, traded by investors, stackers, preppers, collectors. Having a few rolls or stacks of old silver coins provides some additional financial security. It’s easy to buy

Modern Silver Bullion Coins

In the late 1970s the Hunt Brothers manipulated prices in the silver market. Their manipulation led to the famed Silver Thursday event in 1980.

The price of silver was driven up to over $50 per ounce on January 18, 1980. At the time the Hunt Brothers were reported to have been holding over 100 million physical ounces at the time.

In response, COMEX created a new trading rule called the “Silver Rule 7”. The new rule suddenly forced the brothers into covering debt borrowed to finance futures contracts. The abrupt change of rules caused the price of silver to drop by more than 50% in just four days.

American Silver Eagle Coins

The US economy suffered through a three year long recession in the early 1980s. In 1985, Congress passed the Liberty Coin Act as a way to help restore faith.

The law established that the first coins were to be released the following year meeting specifications for composition. The US Mint debuted the 1986 American Eagle, minted from .999 fine silver with a design that remained for 35 years.

In 2021, the US Mint updated the reverse with a new design that was introduced part-way into year. There are two distinct reverse designs for the 2021 American Silver Eagle.

During the first part of the year, the coins continued to be minted using the existing design. The coins featuring the new reverse that shows an eagle grasping an olive branch with both talons.

Type 2 – Silver Eagle Design

Today, American Silver Eagle investment coins are considered to be the most widely trusted and recognized silver bullion coin worldwide.

The number of coins manufactured each year varies on demand from investors. The coins are minted based on sales. This helps the US Mint to implement a business model that allows for flexibility in scaling capacity.

Silver bullion coins are sold only to Authorized Purchasers who are approved US Mint. The wholesalers acquire freshly minted silver eagle coins from the mint at a fixed premium over spot price. The premium from the mint to wholesalers is $2.35 over the LMBA silver spot price.

The list of Authorized Purchasers includes investment banks and online bullion dealers APMEX and A-Mark. A-Mark is the parent company of well-known online bullion dealers including JM Bullion, Silver.com, Provident Metals and BGASC.

This year, it has been widely reported that the US Mint has been unable to keep up with investor demand. This is the first time in the 36 year history of minting bullion coins. High premiums at retail have led to some investors to buy generic silver bullion.

Manufacturing delays of planchets from private refineries forced the mint to cancel several eagerly anticipated releases.

The American Silver Eagle coin is only available in a one troy ounce denomination which has a $1 USD face value legal tender designation.

Silver Quarters

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Bag full of Junk Silver Quarters

Silver quarters in the United States were minted from 1796 until 1964. Starting in 1965, due to rising silver prices, the composition was changed to a copper-nickel clad alloy that we are most familiar with today.

Collectible Silver Quarters

The earliest design is known as the Draped Bust Quarter. The Draped Bust design was created by artist Gilbert Stuart and engraved by Robert Scot. The obverse features a profile portrait of Lady Liberty with flowing hair and a draped bust, while the reverse initially depicted a small eagle (1796) and was later replaced with a heraldic eagle design (starting in 1804). The first year of issue, 1796, is particularly notable for coin collectors.

Draped Bust Quarters are highly valuable today, especially for numismatists and collectors of early American coinage. Their value depends on several factors including rarity, condition, year of minting, and any unique historical significance.

1806 Draped Bust Quarter

The Capped Bust Quarter was minted from 1815 until 1838 and was created by Chief Engraver of the United States Mint, John Reich. The obverse features Lady Liberty with a capped bust, facing left, and the reverse depicts an eagle with outstretched wings. Owning one of these coins is a valuable addition for collectors due to its age, historical context, and artistic design. While most surviving coins are in worn and heavily circulated condition, those in finer states of preservation or with rare variations are particularly valuable.

The Seated Liberty quarter was a United States coin minted from 1838 to 1891. It is part of the broader Seated Liberty series, which included various denominations. The design of the Seated Liberty quarter, created by the U.S. Mint’s Chief Engraver, Christian Gobrecht, is significant for its embodiment of 19th-century American coinage.

Over its more than 50-year production period, the Seated Liberty quarter underwent several design modifications, including changes to the surroundings of the seated figure and the addition of various mottoes such as “In God We Trust.”

Certain years and mint marks are particularly rare and sought after. For example, the 1870-S Seated Liberty quarter is extremely rare and valuable.

The coin’s obverse features the figure of Lady Liberty seated on a rock, holding a pole with a Phrygian cap on top in one hand and a shield with the word “Liberty” inscribed on it in the other. The reverse depicts an eagle.

The Barber Quarter was issued by the US Mint from 1892 until 1916. Named after its designer, Charles E. Barber. The obverse of the Barber Quarter features the head of Liberty facing right, wearing a Phrygian cap, a laurel wreath with a ribbon, and a headband inscribed with the word “LIBERTY”. The reverse showcases an eagle with outstretched wings holding arrows and an olive branch, a design that is emblematic of the United States.

Barber Quarters are made of 90% silver and are highly collectible and have many will carry numismatic value, especially in higher grades or with rare mint marks, in addition to the intrinsic silver value. The value of a Barber Quarter depends on its condition, year, mint mark, and rarity.

The most common conditions found for Barber Quarters range from heavily worn (where many details are smoothed out) to well-preserved states. Coins in mint condition (uncirculated) or in higher grades are rarer and thus more valuable.

The Standing Liberty quarter was minted from 1916 until 1930. The obverse of Standing Liberty quarters features a full-length image of Lady Liberty standing in a gateway, holding a shield in her left hand for protection and an olive branch in her right hand as a symbol of peace. This design was created by sculptor Hermon Atkins MacNeil.

The Standing Liberty design underwent a few changes during its minting period, most notably in 1917 when the chainmail covering Lady Liberty’s chest was added, and in 1925 when the date was recessed to reduce wear.

The Washington Quarter was introduced to commemorate George Washington’s 200th Birthday in 1932 and was minted with a 90% silver planchet until 1964. This design features a profile of the first President that was designed by sculptor John Flanagan. This design remains so popular that its use has continued for nearly 100 years and is still used today in the copper-nickel clad era, albeit with modifications.

Junk Silver Quarters

Circulated coins that were minted prior to 1965 have little to no collector or numismatic value. These are coins that are often referred to as “Junk Silver”.

Buying Junk Silver Quarters is a popular way for precious metals investors to acquire silver for a very low premium over melt value. These silver quarters are also in high demand with “preppers” because they are fractional silver coins that are widely recognizable for their intrinsic value and can easily be used as a means of bartering if or when the economy as we know it collapses. However unlikely that is to occur, it’s entirely possible.

The most common Junk Silver items that investors and preppers flock towards are Washington Silver Quarters in $10 face value bank rolls and bags.

The Washington Quarter was produced in 90% silver for 32 years. During that time, mint records show that 3,776,126,601 Washington Quarters were minted. That’s more than 3.75 billion coins. Even though a sizable amount of these coins were melted down and repurposed, Washington Silver Quarters account for the vast majority of Junk Silver that is available in the secondary bullion market today.

Each Silver Washington Quarter weighs 6.25 grams. The alloy is 90% silver and 10% copper. This means that each quarter contains 5.616 grams of silver and .634 grams of copper. There will be some weight reduction due to circulation and wear and tear over time. In general the amount that is lost will be pretty small, typically only fractions of a gram.

Quick Facts about Washington Silver Quarters

  • Each $1 Face Value (4 quarters) contains roughly .715 troy ounces of silver.
  • One $10 Face Value Roll (40 quarters) contains roughly 7.15 troy ounces of silver.
  • One $50 Face Value Bag (200 quarters) contains roughly 35.75 troy ounces of silver.
  • One $100 Face Value Bag (400 quarters) contains roughly 71.5 troy ounces of silver.

Where to Buy Washington Silver Quarters?

Silver Washington Quarters can usually be found at most pawn shops, local coin shops, eBay and other online bullion dealers. The vast majority of Washington Quarters have no numismatic value and you should buy them as close to spot or melt price as possible.

Many online bullion dealers sell Junk Silver Washington Quarters by number of dollars face value. It is common to see product listings on dealer websites showing $10 Face Value of Circulated Pre-1964 Washington Quarters. One typical bank roll of quarters is $10 Face Value, which is 40 quarters.

Modern Silver Quarters

Modern silver proof quarters, such as the 50 State Quarters issue and later the America the Beautiful Quarters Program, have been popular among collectors and investors since their introduction. The 50 State Quarters series, which ran from 1999 to 2008, featured unique designs for each of the 50 U.S. states. The America the Beautiful series, which began in 2010, features national parks and notable sites.

While circulating quarters are made of a copper-nickel clad, the U.S. Mint also issued silver proof versions of these coins. These proof quarters are composed of 90% silver and 10% copper, the same alloy as pre-1965 silver quarters.

Proof silver coins are struck with special dies and treated planchets to create a mirror-like finish. Silver proofs are more valuable than regular circulating coins due to their intrinsic value, higher quality, limited mintage, and they also appeal to collectors. As collector’s items, their value can exceed the mere silver value, depending on the demand for specific designs or sets.

How to Calculate the Melt Value of Silver Quarters

To calculate the melt value of Silver Quarters, you can take the weight of each quarter, which is roughly .179 troy ounces. Multiply the weight by .90, which is the amount of pure silver contained in the alloy to get the approximate silver weight. This is around .161 troy ounces. Then, multiply that by the current spot price of 1 troy ounce of silver. So, if the current spot price for silver is $20.00, each Silver Washington Quarter has a melt value of around $3.22.

2019 America the Beautiful .999 Silver Proof Quarters

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The 2019 United States Mint America the Beautiful Silver Proof Quarters set includes all five 2019 America the Beautiful Quarters minted in 99.9 percent silver.

This is the first time ever that the US Mint has released Proof Quarters in .999 fine silver. You can buy these Silver Proof Quarters sets online for a small premium over silver spot price, which makes them great for stackers and investors as well as collectors.

The silver in these coins can be seen by comparing the edge of the coin to that of a standard clad coin. On a standard clad coin there will be a line of copper visible along the reeded edge, while on these quarters all you will see is silver.

The First Silver Proof Quarters in .999 Fine Silver

The 2019 edition of the United States Mint America the Beautiful Quarters Silver Proof Set is the 10th annual release of five quarters in the series.

2019 American The Beautiful Quarters Obverse Design

Each coin in this series has a common obverse (heads) with the 1932 portrait of George Washington by John Flanagan. Inscriptions on the obverse are “UNITED STATES OF AMERICA,” “LIBERTY,” “IN GOD WE TRUST,” and “QUARTER DOLLAR.”

2019 American The Beautiful Quarters Reverse Designs

The 2019 reverse (tails) is unique to each coin and honors these treasured sites with unique designs:

Lowell National Historical Park in Massachusetts
The design depicts a mill girl working at a power loom with its prominent circular bobbin battery. A view of Lowell, including the notable Boott Mill clock tower is seen through the window. Inscriptions are “LOWELL,” “MASSACHUSETTS,” “2019,” and “E PLURIBUS UNUM.”

American Memorial Park in the Northern Mariana Islands
The design depicts a young woman in traditional dress at the front of the Flag Circle and Court of Honor. She is resting her hand on the plaque whose text honors the sacrifice of those who died during the Marianas Campaign of World War II. Inscriptions are “AMERICAN MEMORIAL PARK,” “N. MARIANA ISLANDS,” “2019,” and “E PLURIBUS UNUM.”

War in the Pacific National Historical Park in Guam
The design portrays American forces coming ashore at Asan Bay, strengthening the number of troops on the island in the fight for Guam and its eventual liberation. Inscriptions are “WAR IN THE PACIFIC,” “GUAM,” “2019,” and “E PLURIBUS UNUM.”

San Antonio Missions National Historical Park in Texas
This design depicts elements of the Spanish Colonial Real coin to pay tribute to the missions. Within the quadrants are symbols of the missions: wheat symbolizes farming; the arches and bell symbolize community; a lion represents Spanish cultural heritage; and a symbol of the San Antonio River represents irrigation methods and life-sustaining resources. Inscriptions are “SAN ANTONIO MISSIONS,” “TEXAS,” “2019,” and “E PLURIBUS UNUM.”

Frank Church River of No Return Wilderness in Idaho
This design depicts a piloted drift boat on the rushing river encompassed by the trees and rock formations of the Wilderness. Inscriptions are “RIVER OF NO RETURN,” “WILDERNESS,” “IDAHO,” “2019,” and “E PLURIBUS UNUM.”

.999 Silver Proof Coin Specifications:

Denomination:Quarter (25 cents)
Finish:Proof
Composition:99.9% silver
Weight:6.343 grams
Diameter:0.955 inch (24.26 mm)
Edge:Reeded
Mint and Mint Mark:San Francisco – S

Each quarter in the set is minted from .999 fine silver which is the first time the US Mint has ever produced quarters in .999 silver. Each coin has a face value of 25 cents and weighs 6.343 grams (.203 troy ounces).

The complete set of five 2019 American The Beautiful Proof Quarters contains slightly more than 1 troy ounce of fine silver.

You can buy these proof quarter sets from various online bullion dealers and eBay and are perfect for stacking when they can be found for a low premium. They also make an excellent gift for investors, bullion enthusiasts, silver stackers and coin collectors.

UPDATE: Prices are rising 2019 Silver Proof Quarter! Prices and premiums may continue to rise as collectors and investors buy all that they can of these!

PCGS Awards $5,000 Bounty for Circulated W Mint Mark Quarters

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In celebration of the US Mint releasing the 2019-W Quarters into the wild, the coin grading company PCGS, has announced a number of rewards and bounty programs to those who submit some of the first coins for grading.

The reward of $5,000 for first qualifying 2019-W Lowell quarter submitted and certified to PCGS has been confirmed, and we are now proud to announce a $2,000 reward to the first person to submit a 2019-W American Memorial Park quarter to PCGS for grading and encapsulation.

The reward for the first qualifying 2019-W Lowell quarter was split between two nearly simultaneous submissions.

Additional rewards of up to $2,000 are being offered for additional W mint mark quarters that are scheduled to be released this year by the US Mint.

Any quarters submitted for grading with PCGS during the early release period will receive special designations noted on the coin holder labels for those discovered and submitted during the first week of release, noted as “First Week of Discovery”. Those submitted during the first 45 days following the release will receive a designation as “Early Find”.

More information about the rewards bounties and special designations celebrating the 2019-W West Point minted quarters can be found on the PCGS 2019-W Quarter Quest Website.

Reasons to Buy Junk Silver

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90% junk silver coins

Junk Silver Coins

Junk Silver Coins is a common term that refers to circulated coinage that was minted with silver. In the United States, coinage containing silver was in common circulation prior to 1965.

Silver bullion was used in the minting of all dimes, quarters, half-dollars and dollar coins before 1965. The silver in these coins is 90% pure silver. Nickel coins that were minted from 1942 to 1945 contained 35% silver content because the other metals were needed for the military efforts in World War II. The Kennedy Half-dollar coins minted between 1965 and 1969 were minted with 40% silver.

Together, these coins minted with 90%, 40% and 35% silver content are commonly referred to as junk silver because of their intrinsic value.

Why buy junk silver?

  • Junk is real, genuine bullion. Each $1 face value of 90% junk silver contains .715 troy ounces of silver. Junk silver is commonly recognized as real silver. It is something that has been commonly accepted based on its intrinsic worth.
  • Unlike other forms of bullion, Junk Silver is not commonly subjected to counterfeiting like other forms of silver. Junk silver does not have any numismatic value to collectors. It is collected as a store of value purely for the silver content. It is easy to buy junk silver.
  • Junk silver is fractional silver and is easily dividable. It doesn’t carry the same premiums as other fractional silver bullion. Junk silver can easily be split up and sold or traded if it becomes necessary. It can make bartering and trading for goods and services much easier than other forms of silver and gold bullion because of its fractional nature.
  • Junk silver has never been subject to government confiscation. In 1933 President Roosevelt ordered all gold coins held by citizens to be seized by the government. Those who failed to do so were subject to criminal penalties, fines and prison. When copper-clad coinage was introduced in 1965 many people hoarded the 90% silver coins.
  • Junk silver is easy and convenient to store and doesn’t require any special holders, containers or method of storage. It can be stored like any coinage and many investors keep them in standard paper bank rolls.
  • Junk silver carries a lower premium over spot price than other silver or gold bullion products. The price of junk silver is based purely on the silver content. With each $1 face value containing .715 troy ounces of silver.
  • Most coin dealers, pawn shops or other places that trade in silver bullion will often have bags of junk silver available for sale. Bags containing $100 face value or $1000 face value are common. For making smaller buys as a way to store wealth, smaller increments can easily be found. Many dealers sell $5 face value rolls of silver dimes, or rolls of quarters containing $10 face value. It is easy to buy junk silver any time you have extra money.
  • Junk silver with a lower silver content, such as war nickels (35% silver content) and Kennedy half-dollars from 1965 to 1969 (40% silver content) can often be bought for less than spot price. Some investors consider the lower silver content less desirable than other forms of bullion, which can lead to significantly lower premiums.
  • Junk silver is easy to liquidate and sell. Just as junk silver is readily available and easily bought, it can also be sold just as easily. Any local coin shop, pawn shop will readily buy junk silver in the event you need to sell it.