How Much Is the 1966 Quarter Worth?

Last Updated on April 4, 2022

The 1966 quarters is quite common. After they were discontinued, they were valued around $2 to $7 depending on the grade of MS. During the time the US mint was able to produce approximately 821,101,500 of these quarters for circulation, which is nearly a billion quarters!

Due to the large number of production of the coin, it made the quarter a less-collectable item. The quarter itself was made from copper-nickel clad, and as a base metal it does not hold significant value. Hence, at times the worn out quarters have no value beyond the one inscribed.

How Much Is the 1966 Quarter Worth?

The 1966-P Washington Quarter was initially minted at the Philadelphia Mint and held legal face value of $0.25. This was known as a Mint Strike, which enabled the use of the coin and allowed it to be accepted as transaction for daily use. There do exist 1966 quarters that are beyond the worth of their face value but the characteristics which lead towards such increase are as follows:

  • Uncirculated 1966 quarters, which may worth to about $1 to $3
  • The quarters that belong to the Special Mint Sets may easily have a value of $2 and above
  • The quarters which may have errors can fall between the amount of $5 to $25, and even over $50 if they are doubled die quarters!

Apart from the categories mentioned above, a well-known fact highlights that the most valuable 1966 quarter that was sold was graded MS68, by the Professional Coin Grading service, and during an auction held in 2019, came towards a grand total worth of $11,750.

1966 P US Silver Mint Set Comes in Hard Case Uncirculated

Is There An Error-Ridden 1966 Silver Quarter Coin?

There are many common and valuable errors that instantly amplify the worth of a coin and similarly the errors upon 1966 coins are rumored to prevail. 1966 was the year where transition took place and dimes and quarters shifted from becoming 90% silver to no silver. Due to this extreme shift in the make-up of the quarters, errors were bound to be made within the operating procedure.

Though very rare, it is not entirely impossible to come across the 1966 error silver quarters, as there exist error varieties for the 1965-1968 quarter. To be able to better understand and analyze the error coin is to weigh it or observe that compared to copper and nickel coins, a silver quarter will be shinier and will not have any additional layers showing up on the edge of the coin itself!

Unfortunately you will have to be mindful as at times the way the quarter may look might not be a dead giveaway and the eye test can be quite unreliable, which is why it is crucial and safer to use a gram weighing scale. What you should be looking out for is that a 1966 silver quarter is to weigh around 6.35 grams, while on the other hand the clad quarter will be lower, amounting to 5.67 grams. You can also take the quarter to a professional coin grader to be extremely sure.

So Where Did The Quarter Essentially Come From?

The United States Mint in Philadelphia was established under Mint Act of April, during a time where coins were only produced when ample silver was deposited by individuals. The history of quarters dates back to 1796, where they started initially as Draped Bust and transitioned to Capped Bust, Liberty Seated, the Barber quarter, the Standing Liberty quarter after which came the Washington Quarter.

The 1966 Quarter, also commonly known as the Washington Quarter was circulated after some time and received much criticism due to its wear down quality due to material used prior. Since then the quarters were re-made into incorporating more silver as opposed to copper and nickel during the time period of 1964.

Since then another transition took place and they began making them with 75% copper, 10% nickel allow and 99.5% copper core. Silver versions of the coins are still produced, though rarely, for annual collector sets and incorporate .999 component of fine silver. The design too shifted from the left-facing bust of President George Washington to featuring the bold eagle with its wings stretched out.

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