
A 1964 Washington quarter's value is primarily determined by its silver content, as this was the last year these coins were minted with a composition of 90% silver and 10% copper. The base value for any 1964 quarter is its "melt value," which is calculated based on the current market price of silver. Each quarter contains 0.1808 troy ounces of pure silver. To determine its melt value, you would multiply the current spot price of silver by 0.1808. This value fluctuates daily with the commodities market.
For a common, circulated 1964 quarter that shows signs of wear, its worth is typically equal to this melt value. As of one recent , this was approximately $4.22, but it is essential to check the current silver price for an accurate figure.
The coin's condition, or grade, can significantly increase its value to collectors. An uncirculated 1964 quarter, also known as a Mint State coin, is worth more than its silver content. Depending on its specific grade, a pristine, uncirculated example can be valued anywhere from $8 to $20 or more. Furthermore, special versions such as proof coins or those with rare minting errors can command much higher prices in the numismatic market.


