Coin collectors, or numismatists, know the value of many coins and understand that the better shape a coin is in, the higher resale value it will have. But you may also find coins in your family piggy bank, in your couch cushions, car console — or wherever change tends to collect in your household — that are worth way more than face value.
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How much more?
In the case of silver quarters minted between 1960 and 1964, they might be worth $10 or more because of the silver contained within the coins. Some silver quarters from 1965 are worth thousands because of their rarity.
Coins can increase in value based on their rarity, age, and condition. Plus, if there’s a demand for a specific coin amongst collectors, people may be willing to pay more for it.
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The 1963-D silver Washington quarter regular strike is unique to find in uncirculated condition, simply because so many of these coins were minted that year. The Denver Mint produced more than 135 million of this quarter. “Many collectors didn’t save rolls of higher mintage coins compared to lower mintages, so many of these went out into circulation,” according to Bullion Shark.
Because the uncirculated coin is so unusual, it may sell for $16,000 or more at auction. In 2022, one of these coins sold for $24,000, according to CoinValueChecker.com.
June 1965 marked the end of silver dimes and quarters, which means these quarters have less intrinsic value.
But, due to the coin shortage of 1965, they may have more collector value, which is the case with a type 2 clad Washington quarter in gem BU (brilliant uncirculated) condition. According to CoinValueChecker.com, it sold for $12,650 in 2005 — which means if you can find one today, it will probably net even more.
Many boomers and Gen Xers remember growing up with quarters depicting an eagle on the coin’s reverse side. Today’s quarters feature impactful American women, while quarters minted beginning in 1999 featured the 50 states. Early quarters have a ton of value to collectors, both for their silver content and their collectability.
A 1962 quarter minted in Denver sold for $18,400 in 2012, according to CoinValueChecker.com.