The 1964 Washington Quarter Proof is a special coin in U.S. history, marking the end of an era. This was the last year that U.S. coins, like the Washington Quarter, were made with 90% silver for circulation. In this guide, we’ll explore the significance, value, and key features of the 1964 Washington Quarter Proof for collectors.
What Makes the 1964 Washington Quarter Proof Special?
The 1964 Washington Quarter Proof is famous because it was the last year for silver coins like the quarter, dime, and half dollar. After 1964, these coins were made with a different metal mixture, consisting mostly of copper and nickel. This change happened after the U.S. Mint decided to reduce the amount of silver in circulation.
In 1964, the U.S. Mint sold 3,950,762 Proof Sets, which included the Washington Quarter. These sets were highly sought after, especially because of the tragic assassination of President John F. Kennedy in late 1963. The popularity of the Kennedy Half Dollar and the nation’s mourning led to a huge demand for coins, making the 1964 Proof Set a collector’s item.
Key Features of the 1964 Washington Quarter Proof
The 1964 Washington Quarter Proof is unique in several ways:
- Material: It is made of 90% silver, with a small amount of copper.
- Design: The coin features George Washington’s portrait on the front, based on a bust created in 1786. On the back, there is a heraldic eagle perched on a bundle of arrows with olive branches, symbolizing peace and strength.
- Quality: The Proof version of the 1964 Washington Quarter is struck with extra care to create a smooth, shiny finish. Some of these coins are even more special because they have a “Cameo” appearance, where the design is frosted, creating a strong contrast with the mirror-like background.
Coin Specifications and Value Breakdown
Here’s a breakdown of the key specifications and value ranges for the 1964 Washington Quarter Proof, including the differences in value based on its grade and appearance:
| Feature | Details |
|---|---|
| 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 grams |
| Diameter | 24.30 mm |
| Edge | Reeded |
| Designers | John Flanagan (Obverse & Reverse) |
| Proof Quality | High-quality strike with mirrored finish and frosted design (Cameo) |
How Much Is the 1964 Washington Quarter Proof Worth?
The value of a 1964 Washington Quarter Proof depends on its condition and whether it has a special “Cameo” or “Deep Cameo” finish. Even though the coin is made of silver, which gives it a melt value of about $5.87 (based on the current price of silver), its true worth as a collectible can be much higher.
Here’s an overview of the value ranges based on the coin’s grade and finish:
| Grade | Description | Approximate Value Range |
|---|---|---|
| Proof 70 (Flawless) | Perfect condition, no marks or imperfections | $300+ |
| Proof 69 (Excellent) | Very high-quality, with only minimal imperfections | $30 to $100 |
| Cameo | Frosted design, high contrast between the foreground and background | $50 to $75 |
| Deep Cameo | Strong frosting with a sharp contrast, rare | $200 to $300+ |
| Melt Value | Value based on silver content only | Around $5.87 |
How to Determine the Value of Your 1964 Washington Quarter Proof
To determine how much your 1964 Washington Quarter Proof is worth, consider the following:
- Grade: The better the coin’s condition, the more valuable it is. The highest grade is Proof 70, which means the coin is flawless.
- Cameo or Deep Cameo: Coins with these finishes are rarer and can be worth more.
- Certification: Coins graded by professional services like PCGS or NGC can be worth more because they’ve been verified for their quality and authenticity.
Collecting the 1964 Washington Quarter Proof
For coin collectors, the 1964 Washington Quarter Proof is highly desirable, especially because it marks the end of the era of silver U.S. coins. It’s a piece of history, not just because of its design but also because it was part of the final series of coins made with precious metals before the shift to less valuable metals. Collectors often look for coins with high-grade finishes, like the Cameo or Deep Cameo, which are harder to find but offer much greater value.
Conclusion
The 1964 Washington Quarter Proof is a significant coin in U.S. numismatics. Its 90% silver content, beautiful design, and connection to U.S. history make it a valuable piece for collectors. Whether you’re a new collector or a seasoned numismatist, owning a well-preserved 1964 Washington Quarter Proof is a great way to connect with the past. With its increasing rarity and high demand, it’s a great investment for anyone interested in U.S. coinage.
FAQ’s
What is the value of a 1964 Washington Quarter Proof?
The value of a 1964 Washington Quarter Proof depends on its condition and any special finishes. On average, a standard Proof coin is worth around $10, while high-quality versions with a Cameo or Deep Cameo finish can be worth $50 to $300 or more.
Why is the 1964 Washington Quarter Proof important?
The 1964 Washington Quarter Proof marks the end of the U.S. Mint’s use of 90% silver for circulation coins, making it a historic piece for collectors. It’s also the last year for silver coins like the dime, quarter, and half dollar.
How can I determine the grade of a 1964 Washington Quarter Proof?
The grade of a 1964 Washington Quarter Proof is determined by its condition. Coins graded as Proof 70 are flawless, while lower grades like Proof 69 or those with a Cameo or Deep Cameo finish are also highly valuable to collectors. Professional grading services like PCGS or NGC can certify the coin’s grade.