The 1964 Washington Quarter is special for collectors because it was the last year this quarter-dollar coin was produced with silver. After this, the coin maintained its design but was no longer produced with silver. Nowadays, though many Washington Quarters are still on the market, the number of the coins that have been well-preserved is constantly diminishing.
For collectors, getting their hands on these coins in great condition is not such an easy task because fewer and fewer of these coins exist every year. Going forward, the number of well-preserved Washington Quarters will only grow smaller.
When it comes down to it, the Washington Quarter or any other coin that collectors want to get their hands on needs to have its condition assessed. This is why you will notice collectors carefully analyzing the surfaces of the coins looking for any and all imperfections. Because these pieces were circulated for an extended period of time, many of them will have a lot of damage on the surfaces.
For most people, the most logical way to go about having a coin’s condition assessed is to send it away for grading. Knowing that this is an expensive process that not everyone can afford, we have provided below a listing of the different grades and their characteristics.
Uncirculated: A coin that is determined to be in Uncirculated condition is one that never spent any time in circulation. These coins will have been preserved such that their texture and imagery is almost identical to what it was the day it was minted. For collectors, these are the most desirable coin on the market.
Extremely Fine: A coin that is determined to be Extremely Fine is one that spent a bit of time in circulation, but not all that much at all. These coins will show some signs of damage, but other than some light scratching you will notice that these pieces are in great condition. For collectors, these are also great coins to add to collections.
Fine: If a coin is determined to be of Fine grade, this means that the coin in question will have been circulated quite a bit. Unlike most coins that have been heavily circulated, these pieces will have only a little bit of damage. Most often, the damage you notice will be in the form of some light surface wear.
Good: If a coin is determined to be of Good grade, this is the worst grade a coin can receive. You will notice that the coin in question is heavily damaged and that the surfaces of the coin are almost completely worn down. Though in poor condition, collectors like these coins simply because they are more than affordable.
When it comes to determining a price for the 1964 Washington Quarter, there are a few factors for you to consider. For one, the condition of the coin means everything so it goes without saying that well-preserved pieces are going to sell for higher prices than those coins that have been heavily circulated. Secondly, because there were multiple types of quarters minted every year, the exact type of coin you own will also play into the asking price. Listed below is a chart aimed at giving you a better idea of what you might be asked to pay for one of these coins.
1964 Washington Quarter
|1964 Washington Quarter||N/A||N/A||$7||$8|
|1964 Washington Quarter (D)||N/A||N/A||$7||$8||Source: Red Book|