How Much is a 1964 Quarter Worth? | 2025 Value Guide
At a Glance:
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- The value of a 1964 quarter can range from $11 to thousands of dollars.
- A 1964 quarter contains 90% silver and is worth at least its melt value.
- 1964 quarters with special errors or exceptional grades can be worth considerably more.
- On this page, learn about how much a 1964 quarter is worth.
How Much is a 1964 Quarter Worth? | 2025 Value Guide
1964 was a special year for American coinage. The Coinage Act of 1965 officially removed silver from U.S. dimes and quarters and reduced the silver content of half dollars from 90% to 40%. 1964 was the last year that dimes and quarters were minted with 90% silver, making coins from this year especially valuable for their precious metal content.
How much is a 1964 quarter worth? 1964 quarters are worth at least their melt value, which collectors can determine using the spot price of silver. Some 1964 quarters may carry an added premium due to their rarity, the presence of any uncommon errors, or their condition.
1964 quarter values range from as little as $11 to tens of thousands of dollars, depending on their condition and other factors. On this page, learn more about how much a 1964 quarter is worth – and whether or not your 1964 quarter is a valuable hidden gem!
1964 Quarter Value Chart by Condition
The value of a 1964 silver quarter hinges on its condition. Most 1964 quarters are heavily circulated and are worth little more than the value of the silver they contain. Certain 1964 quarters in exceptional condition can be quite valuable, with some mint-state quarters selling for tens of thousands of dollars at auction.
A 1964 quarter’s mint mark can also influence its condition, especially at higher grades. Despite having a higher mintage than Philadelphia 1964 quarters, 1964-D quarters in exceptional condition tend to be worth more money to collectors. This is because the number of surviving quarters in peak condition is lower for the Denver release than the Philadelphia one.
Let’s take a look at how much a 1964 (no mint mark) quarter is worth in each grade range, according to Professional Coin Grading Services (PCGS).
| Grade | Est. Value |
|---|---|
| 1-60 | $11 |
| 61 | $12 |
| 62 | $13 |
| 63 | $15 |
| 64 | $28 |
| 65 | $32 |
| 66 | $40 |
| 67 | $650 |
| 67+ | $3,750 |
A 1964 quarter with no mint mark is typically worth around $11, but values begin to climb for 1964 quarters graded MS61 or above. With a grade of MS67, a 1964 quarter is worth approximately $650. The most valuable 1964 (no mint mark) quarters are graded MS67+.
One Heritage Auction in 2022 saw an MS67+ 1964 quarter sell for a record of $3,840.
Despite having a considerably higher mintage, 1964-D quarters are worth more money on average than 1964 quarters with no mint marks. Below, we’ll take a look at the estimated value of a 1964-D quarter sorted by grade.
| Grade | Est. Value |
|---|---|
| 1-60 | $11 |
| 61 | $12 |
| 62 | $13 |
| 63 | $15 |
| 64 | $20 |
| 65 | $26 |
| 66 | $55 |
| 67 | $400 |
| 67+ | $1,600 |
| 68 | $32,500 |
As this price chart illustrates, a 1964 quarter is usually worth little more than its melt value. In exceptional condition, a 1964 quarter can be worth as much as $32,500 or more. In fact, a 2021 Stack’s Bowers auction saw a PCGS-graded MS68 1964 quarter sell for a jaw-dropping $38,400!
These figures refer to the estimated value of 1964 quarters that have been graded and certifie d by a reputable grading company. “Raw” 1964 quarters, or quarters that have not been graded and encapsulated, are seldom worth more than their melt value.
What Makes a 1964 Quarter Valuable?
Most 1964 quarters are worth little more than melt value. Since a 1964 quarter contains 0.18084795 troy ounces of silver, you can find the approximate melt value of a 1964 quarter by multiplying the current spot price of silver by 0.18084795.
The majority of quarters from 1964 are worth around $11, but values begin to climb as the condition of a coin increases. A 1964-D quarter graded MS68 is worth an estimated $32,500, making it one of the most valuable coins possible in the series.
The total estimated value of a 1964 silver quarter depends on the following factors:
- Melt value.
- Mint mark.
- Rare errors (if applicable).
- Condition.
Below, we’ll take a look at how these four factors contribute to the total market value of a 1964 silver quarter.
Melt Value
A 1964 quarter is made with 90% silver and contains approximately 5.625 grams of the precious metal. 1964 quarters are always worth at least their melt value, and these coins often sell at a small premium over melt value if they’re in decent condition and certified.
Although a 1964 quarter is always worth at least its melt value in silver, these coins can be worth quite a bit more, depending on their mint mark, the presence of any rare errors, and condition.
Mint Mark
Like many coins, the mint mark on a 1964 quarter helps determine its market value. Mint marks signify which U.S. Mint location produced a quarter, and you can find the mint mark of your coin at the bottom of its reverse side. 1964 quarters are minted either with no mint mark, which means they were produced in Philadelphia, or a “D” mint mark, which is included on coins minted at the Denver Mint.
The most valuable mint mark on a coin is often the one with the lowest mintage figures for that year. This isn’t the case for the 1964 quarter, though. 704,135,528 1964-D quarters were minted, compared to just 560,390,585 1964 quarters minted in Philadelphia. Despite having a higher mintage, 1964-D quarters are often worth more than 1964 quarters produced at the Philadelphia Mint.
Regardless of mint mark, 1964 quarters are worth approximately $11 in most conditions. In higher grades, however, 1964-D quarters are considerably more valuable.
Rare Errors
The presence of a mint-made error almost always increases the value of a collectible U.S. coin. Two main errors can be present on the 1964 quarter: the re-punched mint mark (RPM) error and the doubled die error. Either of these errors can make a 1964 quarter more valuable, especially if the coin is certified and graded by a reputable grading company.
Mint-made error 1964 quarters are not particularly sought-after, especially compared to more spectacular error coins like the doubled die 1955 penny. That being said, graded 1964 quarters with errors frequently fetch additional premiums at auction.
It’s All About Condition!
When it comes to the value of a 1964 quarter, condition is everything. 1964 quarters graded below MS60 are rarely worth much more than melt value, with many coins being appraised at $11-12. Value estimates for 1964 quarters skyrocket beginning at a grade of around MS67, with MS67+ and MS68 1964 quarters retailing at thousands of dollars or more.
Is it worth getting your 1964 quarter graded? Maybe. The majority of coins aren’t worth grading, since coin grading is an expensive service that rarely adds enough value to the coin to justify the cost of grading. Because the value of a 1964 quarter increases so much in higher grades, however, certain exceptional 1964 quarters may be worth sending off to a grading service.
For the 1964 quarter, we recommend considering a paid grading service for collectors who believe their coin will grade MS67 or higher.
1964 Quarter Errors
Errors are uncommon but do exist among circulating 1964 quarters. Two main errors have been discovered on 1964 quarters, and each of these errors can add considerable value to a coin.
The two main errors observed on 1964 quarters include:
- Re-punched Mint Mark (RPM) Error.
- Doubled Die Error.
Next, we’ll take a closer look at what each of these errors are – and how you can identify them on 1964 quarters.
Re-punched Mint Mark (RPM) 1964 Quarter
A re-punched mint mark error (RPM) occurs when a mint mark is stamped twice or more into the same coin. The result is a doubling and often misaligned mint mark on the coin. RPM errors have been spotted on 1964 quarters, and a 1964 quarter with a re-punched mint mark error can be quite valuable compared to standard 1964 quarters.
Like non-error coins, error 1964 quarters are appraised based both on the spectacularness of the error and the condition of the coin. Because error coin values can vary considerably based on the market and each individual collector, we recommend getting a second opinion if you think you have a genuine RPM error 1964 quarter.
Doubled Die 1964 Quarter
Like many other coins, 1964 quarters can also feature doubled die errors. A doubled die error occurs when either the obverse or reverse die strikes a coin’s surface more than once. A doubled die error usually looks like a part or several parts of a coin’s design have “shadows.”
Some doubled die 1964 quarters may be easier to identify than others. To confirm that you have a genuine doubled die error, consider looking at both sides of your coin under a magnifying glass or low-powered microscope. Some doubling effects are imperceptible to the naked eye, so it may take some magnification to confirm that your coin is a genuine doubled die error.
A doubled die error can add considerable value to a 1964 quarter. Two doubled die reverse 1964 quarters graded MS62 and MS64 sold for $244 and $321, respectively, at auctions by GreatCollections.
Are 1964 Quarters Silver?
1964 was the last year that U.S. quarters were minted using real silver. A 1964 quarter includes 90% pure silver, weighs a total of 6.25 grams, and contains 5.625 grams of actual silver. 1964 quarters are worth at least their melt value in silver, which varies based on silver’s current spot price.
Remember – most, but not all, 1964 quarters are worth little more than melt value. Depending on your coin’s condition, mint mark, and any potential errors, a 1964 quarter’s value can range in value from $11 to as much as $32,500 or more.
Final Thoughts: How Much is a 1964 Quarter Worth?
The value of a 1964 quarter can range from as little as $11 to as much as $32,500 or more. 1964 quarter values depend on several factors, including the current spot price of silver, the coin’s condition, the presence of any notable mint-made errors, and mint marks.
Although most 1964 quarters are worth little more than melt value, quarters in exceptional condition can be worth quite a bit of money. In either case, the 1964 quarter is a collectible relic from a bygone era of silver American coinage.
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About The Author
Michael Roets
Michael Roets is a writer and journalist for Hero Bullion. His work explores precious metals news, guides, and commentary.