Exploring the Value and Types of 1964 Quarters

              Document        

      Henry and Mia, two friends, had a passion for collecting rare and valuable       coins. They were eager to learn more about them and frequently assisted       one another in growing their collections.    

   

      They were discussing coin collecting when they came across the 1964       quarter value, so they went on exploring it. So, one of the parts of the       discussion was:    

   

      Henry: Hey Mia, I was thinking of expanding my collection with the       1964 quarter coins. Do you have any quarter coins in your collection?    

   

      Mia: No, what’s the point of adding these 25 cents to my       collection?    

   

      Henry: I know most state quarters are worth only 25 cents, but       Washington quarters produced before 1965 are made of 90% silver and are       worth more than their face value.    

   

      Henry continued by stating that the highest known grade for a 1964-D       quarter was $38,400, which was sold in March 2021 in MS 68 grade.    

   

      Mia: I thought all the quarter coins were made of zinc or copper.    

   

      Henry: No! 1964 was a landmark year for collectors and investors       because it was the final year for       silver coins       in circulation.    

   

      Mia: ohh, that sounds interesting! But where can I find these 1964       Quarter coins?    

   

      Henry: You can look for quarters in bank rolls, old collections,       and family jars. You can also ask tellers if they have any leftover       wrapped rolls from before the mid-1960s.    

   

      Mia: I think this 1964 quarter can add some aesthetic to my       collection, but first, I’ll have to do thorough research about the 1964       Quarter value and how its grading is done.    

   

      If you are interested in learning more about the 1964 Washington         Quarter value, then read this article further and make an informed         decision about expanding your collection.          

                     

           1964 Quarter Grading    

   

      Coins that are in circulation are typically ranked from PO-1 (poor) to MS       70 (mint state). However, the mint also produces collectibles, such as       special strikes (SP/SMS) and proof coins (PR/PF).    

   

      Two more categories are uncirculated and satin-finish. Coins that are not       circulated lack a proof finish; however, if their grades are sufficiently       high, they can also be categorized as Gem, Choice, or Brilliant.    

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       

Condition	Grade
1	Basal State-1
2	Fair
3	Very Fair
4, 5, 6	Good
7, 8, 10	Very Good
12, 15	Fine
20, 30	Very Fine
40	Extremely Fine
50	About Uncirculated
60	Mint State
65	Mint State
70	Mint State

   

           Types and Value of 1964 Quarters    

       

1) 1964 D Quarter Value

   

      The condition of the coin is the most crucial factor that determines the       1964 D Quarter's value. In 1964, the Denver Mint struck 704,135,528       quarters, each has the D Mint Mark. The highest known grade, MS 68, was       sold on March 31, 2021, for $38,400.    

   

      So far, only two samples have surfaced. The price estimate falls to $1,700       when 21 coins are graded MS 67+, which is a half step down. Not to put too       fine a point on it, but the coin is worth $475 a quarter of that in MS 67.    

       

2) 1964 Quarter Value No Mint Mark

   

      A Quarter Value for 1964 A coin with no mint mark may be worth anywhere       from $6 to $65, depending on how well it is preserved. A 1964 quarter with       no mint mark specifies that it was manufactured at the Philadelphia Mint.    

           

3) Proof 1964 Quarter Value

   

      Quarters featuring mirrored proofs were struck in 1964. This indicates       that while the apparatus was frosted with an acid wash, the die's field       had a mirror-like polish. The planchet was pre-burnished in a container of       stainless steel balls previous to striking, just like all proof coins.    

   

      To guarantee design clarity, the coin is additionally struck with       additional force. Coins with deep cameos have the most contrast.    

           

4) 1964 (S) Special Mint Set Quarter Value

   

      Since the mint had no intention of producing proofs, Special Mint Sets,       also known as Special Strikes (SMS or SP), were prepared beginning in       1964.    

   

      The results weren't as shiny as the proofs because they didn't have time       to pre-burnish the blanks. Moreover, SMS coins were only struck once at       high force, in contrast to proofs.    

   

      The field and device of SMS coins were satin-finished to set them apart       from proof coins. Twenty to fifty of these coins were struck at the San       Francisco Mint in 1964, but not a single one bore a mint mark. This coin's       sales record was only recently set.    

   

      A 2023 SP 67 sold for $23,400 on February 12th. There is only one known SP       68, but thirteen known SP 67s.    

       

           1964 Rare Quarter Error Value    

       

      1) 1964-D Repunched Mint Mark Errors (RPM FS-501 And FS-502)    

   

      Since mint marks were once manually applied, the puncher's hand could       tremble. Underneath, remnants of the previous impression are visible.    

   

      It comes in two varieties and is written as D/D (D over D). A 1964-D/D RPM       graded MS 66 that PCGS values at $450 and sold for $10,000 on eBay in       April 2022. In May 2019, an AU 58 FS-502 cost $288.    

       

      2) 1964 Doubled Die Obverse Errors (DDO FS-101)    

   

      When the die moves between the first and second hub strikes, DDOs occur.       As a result, the second imprint appears in a somewhat different location,       and this mistake is replicated on each coin produced by the die.    

   

      In April 2018, an MS 65 Philadelphia DDO brought $228 at auction. Its       Denver counterpart performed better in the same grade. In June 2018, an       eBay vendor sold a 1964-D DDO for $500.    

       

      3) 1964 Doubled Die Reverse Errors (DDR FS-801 To FS-804)    

   

      DDRs and DDOs are comparable, but the error happens on the reverse die.       Four DDRs (FS-801, 802, 803, and 804) were discovered in the first thirty       days of the 1964 Quarter.    

   

      In June 2014, the graded MS 65 value of a 1964-D DDR coin from Denver was       $385. An MS 65 on 1964 Philadelphia Quarters was valued at $876 in 2020       (FS-803), $1,920 in 2021 (FS-801), and $978 in 2012 (FS-804).    

       

4) 1964-D Quarter With 1965 Reverse

   

      Coins can occasionally have their obverses paired with their reverses.       When the dies get mixed up, especially in transitional years, this mint       error occurs.    

   

      When clad cupronickel quarters replaced silver ones in 1965, some 1964       obverses were struck with 1965 reverses. The MS AU 58 example was sold for       $140.    

                                                                                                               

Mint Error	Grade	Sale Price
Observe/Reverse Mismatch	MS AU 58	$140