Last Updated on March 11, 2022
Let’s look back into the history of the 1965 quarter and reveal how much it’s actually worth, as well as a brief overview of its history.
How Much Does a 1965 Quarter Worth?
Estimated value of 1965 Washington Quarter is:
|MS65 CAMEO||$ 22-26|
|MS66 CAMEO||$ 29|
|MS67 CAMEO||$ 60-132|
|MS68 CAMEO||$ 1,125|
Why Are 1965 Quarters Valuable?
A 1965 Washington quarter in a very high graduation like MS68 is its scarcity, in fact PCGS has no specimens registered in this quality. In 2020, the value of this grade reached $1,300.
There are several 1965 Washington quarter SMS copies that were slightly below the 1965 Washington quarter in 2021. MS68+ reached $1,180 while $1,125 in MS68 CAMEO and $60 to $132 for MS67 CAMEO.
How Can You Tell If a 1965 Quarter is Silver?
There are 1965 silver error quarters so it’s important to know how to identify one.
Silver quarters don’t have any copper or nickel layers showing on the edge of the coin and they are shinier.
The easiest way is to weigh the coin on a calibrated gram scale. 5.67 grams is the standard clad quarters weight and the 90% silver quarters weigh 6.25 grams.
How to Determine Coins’ Value?
Dealers of coins normally get their coin collections from fellow coin collectors and the value of the coin will be based on the market’s retail price.
What Are The 3 Most Valuable Quarters from 1965 until Today?
|Valuable Quarters after 1965||Year||Mint||Variety||Grade||Hammer Price||Date|
History of 1965 Quarter
The 1965 quarter was the first clad coin in circulation and it was called “the key coin for commerce” by Robert Wallace who was assistant secretary of the Treasury Coin.
In 1964, there was a shortage of coins, hence, hoarding was rampant. Continued coin production depleted the stock of silver. As a result, prices of silver skyrocketed in June 1965. 93.3 cents’ is worth of silver dollar coin at market prices.
This led to President Lyndon Johnson’s decision to eliminate silver from the quarter. He then resorted to a clad composition of copper-nickel on both sides of pure copper layer.
Collecting the 1965 Quarter
You can still have a date and mint mark collection of circulated coins from 1965 if you are a beginner. These clad coins can still be found in the market.
Although rare, you can buy 1932 to 1964 coins from the coin dealers and you can collect the complete series of uncirculated Washington quarters.
A total of 147 coins need to be collected if you want to collect the whole series of Washington quarters. You can start by assembling the circulated clad quarters from 1965 and so on.
If you are an intermediate collector, you can assemble circulated coins starting from 1932. Due to low mintage, 1932-D and 1932-S may cost around $200.
Collection of uncirculated coins from 1932 is sought after by advanced collectors. 1934-D, 1935-S and 1936-D are just some of the expensive coins you can get.
Most Highly-Priced 1965 Quarter Errors
Here are some of the highly priced quarter errors:
Off-center Coining Washington Quarter 1965
This error occurs in the manufacturing when the die is not fixed in the correct position. As a result, the manufacturing produced the printing of the wedges outside the established limits.
The off-center minting error occurred to these currencies 1965 and 1965 SMS. Although off-center their price is higher above the average, meaning the higher the off-center is, the higher their value. If it’s 35% off center the reference price for a MS64 grade is $95.
Error Silver Washington Quarter 1965
1964 silver Washington quarters and 1965 cupronickel quarters were minted simultaneously and by using a certain consignment of silver coin planks dated 1964 for the year 1965.
The error silver Washington quarter is rare and has been auctioned for between $7,200 and $8,500 depending on their gradings.
Double Coin on the Front (DDO) or on the Back (DDR) 1965 Washington Quarter
This 1965 quarter error is originated by a mistake in the minting of the obverse. You need to pay attention to the phrase “IN GOD WE TRUST” and “LIBERTY” on the front. These double mints can usually be seen on the nose and mouth of Washington on some 1965 quarters.
The 1965 Washington 25-cents with double coinage on the front ranges from $360 to $2,300.
Double Tail 1965 Washington Quarter
It is not known exactly what year the error belongs to, since the back does not show the date. But many coin experts believe that the date of minting was between 1965 and 1967.
Only 3 copies existed, consisting of the same minting of the reverse side on both sides of the coin. Two of those copies were sold for $41,000 and $80,000.
Double or Multi-Counterfeit 1965 Washington Quarter
The error comes from the fact that the coin could not be expelled after the printing. You can get this type of coin for over $400.