The 1967 quarter, officially known as the Washington quarter, holds a significant place in American numismatic history. Its unique characteristics and historical context have made it a sought-after collectible among enthusiasts. This comprehensive guide aims to provide a thorough understanding of the 1967 quarter's value, including its variations, rarities, and factors that influence its worth.
The year 1967 marked the centennial of the United States Mint's production of the quarter dollar. To commemorate this milestone, the Mint introduced a new design for the coin featuring a larger, more detailed depiction of George Washington. This design, created by famed sculptor John Flanagan, replaced the previous Walking Liberty design that had been in use since 1916.
The 1967 quarter was struck at three different mint facilities: Philadelphia, Denver, and San Francisco. Each mint produced its own unique variety of the coin, distinguishable by the mint mark located on the reverse.
The value of a 1967 quarter is primarily determined by three main factors:
As mentioned earlier, the mint mark indicates where the coin was produced. The 1967-S variety, being the rarest, commands a significantly higher value than the more common 1967-P and 1967-D varieties.
The condition of a coin refers to its physical appearance, including scratches, wear, and luster. Coins in higher grades, such as Mint State (MS) or Proof (PF), are more valuable than those in lower grades, such as About Uncirculated (AU) or Fine (F).
Certain 1967 quarters with specific errors or unique characteristics may hold additional numismatic value, making them highly sought after by collectors. Examples include double-die errors or coins struck on the wrong planchet.
Mint Mark | Mintage | Circulated Value | Uncirculated Value |
---|---|---|---|
1967-P (Philadelphia) | 210,941,250 | $0.25 | $10 |
1967-D (Denver) | 131,240,164 | $0.30 | $15 |
1967-S (San Francisco) | 4,795,296 | $2.50 | $300 |
The 1967 quarter has witnessed numerous historical events and personal stories, providing valuable lessons for collectors and enthusiasts alike.
In 1964, President John F. Kennedy was assassinated, leaving the nation in mourning. The Mint decided to honor his legacy by adding a "WJ" (for West Jet) mark to the 1967 Washington quarter. However, due to controversy surrounding the positioning of the mint mark, production was halted and the WJ mark was removed from subsequent quarters.
In 1965, Congress passed the Coinage Act of 1965, which removed silver from quarters and other denominations. The 1967 quarter was the first non-silver quarter produced in the United States.
In the late 1960s and early 1970s, a coinage shortage occurred due to the hoarding of silver coins by speculators. To address this, the Mint introduced "clad" quarters, made of copper-nickel clad over a pure copper core. These clad quarters are still in production today.
Collectors interested in acquiring 1967 quarters can employ the following strategies:
To determine the value of a 1967 quarter, consider the following steps:
Pros of Collecting 1967 Quarters:
Cons of Collecting 1967 Quarters:
Grade | Value |
---|---|
G-4 (Good) | $0.30 |
VG-8 (Very Good) | $0.45 |
F-12 (Fine) | $0.60 |
VF-20 (Very Fine) | $1.00 |
EF-40 (Extremely Fine) | $1.50 |
AU-50 (About Uncirculated) | $2.00 |
MS-60 (Mint State) | $5.00 |
MS-63 (Mint State) | $7.50 |
MS-65 (Mint State) | $10.00 |
Grade | Value |
---|---|
G-4 (Good) | $0.35 |
VG-8 (Very Good) | $0.50 |
F-12 (Fine) | $0.70 |
VF-20 (Very Fine) | $1.10 |
EF-40 (Extremely Fine) | $1.75 |
AU-50 (About Uncirculated) | $2.25 |
MS-60 (Mint State) | $6.00 |
MS-63 (Mint State) | $9.00 |
MS-65 (Mint State) | $15.00 |
The 1967 quarter represents a significant milestone in American numismatics. Its unique design, historical context, and variations have made it a popular collectible among enthusiasts. Understanding the factors that influence its value, employing effective collecting strategies, and utilizing reliable resources will empower collectors to make informed decisions and navigate the world of 1967 quarter collecting with confidence.
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