Factors Affecting Value
1. Silver Content: Pre-1965 US quarters contain 90% silver and 10% copper, making them highly desirable among coin collectors and investors. The silver content of these quarters is what primarily determines their value.
2. Year of Mintage: The rarity and demand for pre-1965 quarters vary depending on the specific year of mintage. Some years have lower mintages or unique characteristics, making them more valuable.
3. Condition: The overall condition of a quarter significantly influences its value. Well-preserved, high-grade quarters in mint condition (MS) or close to mint condition command higher prices compared to worn or damaged coins.
4. Rarity: Certain years of pre-1965 quarters may be rarer than others due to lower mintages or other factors. Rare dates can have substantially higher values.
5. Current Silver Market Price: The value of pre-1965 quarters is closely tied to the prevailing market price of silver. As the price of silver increases, so does the value of silver quarters.
Approximate Values
The approximate value of common dates (non-rare) of pre-1965 US quarters, based on their silver content and assuming good circulated condition, can range between $4.50 and $5.00 per quarter. However, the actual value may vary depending on the factors mentioned above.
Rarer Dates
Some pre-1965 quarters, such as those from the early 1900s or certain commemorative issues, may have significantly higher values due to their rarity and collector demand. These rare quarters can sell for several times their silver content value.
Numismatic Value
In addition to the intrinsic value of their silver content, some pre-1965 quarters may also have numismatic value due to their historical significance, condition, or unique features. Certain rare dates, error coins, or high-grade specimens can attract higher prices among collectors.
It is advisable to consult a reputable coin dealer or numismatist for an accurate assessment of the value of specific pre-1965 US quarters, as the market prices and values can fluctuate over time.