Quarters minted in the United States prior to 1965 were made of an alloy containing 90% silver. They are sometimes called Junk Silver because they have little to no numismatic value. Their worth is based on the intrinsic value of the metals.
So, each $1 face value of pre-1965 U.S. quarters contains approximately 0.715 troy ounces of silver. It's worth noting that circulation can vary, and some dealers may include coins with partial dates in some lots.
The worth of face value lots of silver quarters fluctuates based on the current silver price. Shop and compare to find which online bullion dealer has the lowest price for 90% junk silver quarters.
Pre-1965 silver quarters are a reliable store of value for investors looking for a low-cost investment. These quarters have a composition of 90% silver and 10% copper, sometimes called coin silver.
The intrinsic value can make these coins a good hedge against inflation or economic uncertainty, as precious metals most often retain their value over time relative to economic conditions.
Older silver quarters, particularly those in good condition or with rare mint marks or other features of interest can also have significant numismatic value to collectors even in circulated condition, adding to their worth above and beyond the raw silver value.
Because of their small size, junk silver quarters can be stored almost anywhere. This makes them one of the most liquid physical assets which can be useful if you ever want to sell only a portion of your precious metals holdings.
90% Silver quarters are instantly recognized for their intrinsic value, enabling easier barter transactions in a crisis situation.
Coin collectors and numismatists are passionate about silver quarters because there are so many unique design variations, an assortment of mint marks, and valuable error coins that can be found when buying silver quarters.
A complete set of Washington silver quarters contains over 80 coins, including mint mark and date combinations, and more than $20 face value! Die variations and error coins add even more to collect.
Various collector albums are available from Dansco and Whitman. They are a great way to learn about the history and all of the variations available in twenty-five-cent coins while building a useful store of value.
The quarter dollar coin has been part of the American economy since 1796. In total, there have been six unique and distinct designs for the coin spanning more than 225 years and until 1964, all of the quarters in circulation were minted from 90% silver.
Draped Bust Quarters (1796-1807): These were among the first quarters minted in the U.S., designed by Mint engraver Robert Scot. They featured a portrait of Lady Liberty on the obverse and a bald eagle on the reverse. These quarters were composed of 89.24% silver and 10.76% copper.
Capped Bust Quarters (1815-1838): The design was changed to a Liberty with a cap on her head. The composition remained the same as the Draped Bust quarters.
Seated Liberty Quarters (1838-1891): The design again changed to depict Liberty seated on a rock, holding a shield and a flag. The composition remained the same.
Barber Quarters (1892-1916): These quarters were designed by Charles E. Barber, the Chief Engraver of the U.S. Mint. They featured a profile of Lady Liberty on the obverse and an eagle on the reverse. The silver composition was slightly increased to 90% silver and 10% copper.
Standing Liberty Quarters (1916-1930): Designed by Hermon A. MacNeil, these quarters featured a standing Lady Liberty on the obverse and an eagle in flight on the reverse. The composition remained 90% silver and 10% copper.
Washington Quarters (1932-1964): The design switched to a profile of George Washington on the obverse. From 1932 to 1964, these quarters were composed of 90% silver and 10% copper. Starting in 1965, due to rising silver prices, the Mint changed the composition to copper-nickel clad.
Special issue quarters, such as the Bicentennial Quarter were minted in 1976, and the State Quarters Silver Proof Coin series (1999-2008), were also minted with a 90% silver composition. Silver quarters with errors, such as double dies, planchet errors, or other anomalies, can be highly sought after by collectors. Some rare quarters from various years and mint marks had low mintage figures, making them much more valuable than the face value.
There are various key dates for the Washington Quarter series that are considered rare and can be extremely valuable, even in circulated condition. For example, during the first year of issue, Washington Quarters were minted in relatively low numbers.
Rarity alone is not always enough; collectors typically look for well-preserved examples. Proof coins are struck with special care for collectors. Certain proof silver quarters from specific years and mint marks can be rare and valuable. If you suspect you have a rare silver quarter, it's a good idea to have it appraised by a professional coin dealer or numismatist to determine its value and authenticity.
Special issue silver quarters, such as the Proof Bicentennial Quarter (minted in 1976) and the Proof State Quarters series (1999-2008) and other special collectors' editions.
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