The 1964 Washington Quarter Proof is a fascinating piece of American history and a treasure for coin collectors. This quarter, made of 90% silver, was the last of its kind before the U.S. Mint changed coin compositions in 1965.
With a unique history and high demand, the 1964 Washington Quarter Proof is sought after by collectors everywhere.
End of an Era: The Last Silver Washington Quarter
In 1964, the U.S. Mint produced the final series of silver coins before switching to more affordable metals due to rising silver prices.
The change affected dimes, quarters, and half dollars, though the half dollar held onto some silver content until the end of the decade. After 1964, Washington Quarters and other coins began to be made with a copper and nickel mix instead of silver.
High Demand and Record Sales
The 1964 Proof Set saw record sales, with almost 4 million sets sold. This surge was partly because collectors saw silver coins as an investment.
The quarter, along with the dime and half dollar, became prized items as people anticipated that silver coins might increase in value over time. The Mint struggled to keep up with demand and took steps to prioritize coin production for circulation rather than catering to collectors.
The Mint’s Reply to Demand
The U.S. Mint made drastic changes to meet coin demand, including pausing mintmarks and halting Proof sets for three years. Instead, it introduced the Special Mint Set (SMS) from 1965 to 1967, which lacked the distinct polish of traditional Proofs.
These sets were not well-received by collectors, which led to the resumption of Proof sets in 1968 at a higher price.
What Sets the 1964 Quarter Proof Apart?
The 1964 Washington Quarter Proof is significant for a few reasons:
- 90% Silver Content: This was the last year quarters were made with real silver.
- Cameo and Deep Cameo Finishes: Collectors prize these frosty finishes, which were uncommon for the time.
- One-Year Type for the Kennedy Half Dollar: This Proof set includes a 90% silver Kennedy Half Dollar, making it a unique item.
How Much is a 1964 Washington Quarter Proof Worth?
The value of a 1964 Washington Quarter Proof depends on its condition and finish:
- Basic Silver Value: Each quarter has about 0.18 ounces of silver, which gives it a base value depending on silver prices.
- Numismatic Value: A well-preserved quarter can be worth $10 or more, with higher prices for those in exceptional condition.
- Cameo and Deep Cameo Coins: Coins with these frosty finishes are rare, and a Cameo 1964 quarter in excellent condition can sell for $50–$75. A Deep Cameo or Ultra Cameo Proof in high grades may fetch between $200 and $300.
Coin Details and Specifications
The Washington Quarter’s design features George Washington on the obverse, based on the original bust by Jean-Antoine Houdon. The reverse displays a heraldic eagle, symbolizing strength and unity, created by designer John Flanagan.
| Feature | Detail |
|---|---|
| Country | United States of America |
| Year of Issue | 1964 |
| Denomination | Quarter Dollar (25 Cents USD) |
| Mintmark | None (Philadelphia) |
| Mintage | 3,950,762 |
| Alloy | 90% Silver, 10% Copper |
| Weight | 6.25 g |
| Diameter | 24.30 mm |
| Edge | Reeded |
| Obverse Designer | John Flanagan |
| Reverse Designer | John Flanagan |
| Quality | Proof |
The 1964 Washington Quarter Proof holds a unique place in American coin history. With its distinctive silver content and final-year status, it remains a cherished piece for both collectors and history enthusiasts alike.