Discover Valuable 1967 Quarters: Key Coins, Errors & Worth

1967 washington quarter

The 1967 quarter, a significant piece in the American coin series, offers a wealth of opportunities for coin collectors and enthusiasts alike. This article delves into the various aspects of the 1967 quarter, including its key coins, potential errors, and the implications of mint marks on its value. Whether you are a seasoned collector or just starting your journey into the world of numismatics, this article provides essential insights to help you understand the worth of the 1967 quarter. Read on to uncover the hidden treasures of this iconic coin.

What is the 1967 Quarter?

The 1967 quarter is part of the Washington quarter series, featuring the portrait of George Washington on the obverse and the iconic eagle on the reverse. Minted by the United States Mint, these quarters were produced during a time of significant transition in the U.S. Currency system.

Detailed Features of the 1967 Quarter

Obverse Details

  • Portrait of George Washington: The obverse showcases a left-facing portrait of President Washington. His hair is styled in a low ponytail, adorned with a small ribbon, adding a touch of historical authenticity to the design.
  • Textual Elements: Surrounding Washington’s portrait, the word “LIBERTY” is prominently displayed along the top rim, while the minting year “1967” is located at the bottom rim. Additionally, the nation’s motto, “IN GOD WE TRUST,” is placed to the left of the portrait, affirming the coin’s cultural significance.

Reverse Details

  • American Eagle Design: When you turn the coin over, the reverse presents a bold image of the American eagle, its wings spread wide in a powerful pose. This symbol of freedom and strength is central to the coin’s design.
  • Symbolism: The eagle clutches a bundle of arrows in its talons, symbolizing readiness to defend the nation, while an olive branch flanks the arrows, representing a desire for peace.
  • Inscription: The top rim of the reverse side reads “UNITED STATES OF AMERICA,” followed by the motto “E PLURIBUS UNUM.” At the bottom rim, the words “QUARTER DOLLAR” signify the denomination of the currency.

By combining the historical and artistic elements, the 1967 quarter stands as a testament to both America’s past and its evolving monetary landscape.

As the country faced a coin shortage, the 1967 quarter became a notable piece for collectors due to its blend of historical context and numismatic value.

Unveiling the 1967 Washington Quarter: A Journey Through Coinage History

The 1967 Washington quarter holds a unique place in American numismatic history. The origins of this quarter trace back to 1932, a year chosen to honor the 200th birthday of George Washington, the nation’s first president. As an enduring tribute, the Washington quarter has been minted annually since its inception.

Adapting to Economic Challenges

The early 1960s presented a challenge for the U.S. Coinage system. There was a severe shortage of coins along with increasing silver prices. This unusual economic situation led to a frenzy of coin hoarding—people, wary of fluctuating values, clung to coins like the Kennedy half dollar, nickels, and cents, hoping to profit.

The Mint’s Strategic Response

In a bid to address the shortage, the U.S. Mint ramped up production of coins from previous mintages well into 1965. However, this action inadvertently exhausted the Treasury’s silver supply. Consequently, President Lyndon B. Johnson initiated a significant change: silver was eliminated from the production of quarters and nickels. Instead, these coins were produced using a copper core encased in a copper-nickel alloy.

The Mintmark Hiatus

From 1965 to 1967, the U.S. Mint undertook an experimental approach to curb hoarding with the issuance of mintmark-free copper-clad coins. This measure was intended to discourage collectors and preserve circulation. In 1968, mintmarks made their return, reinstating a traditional feature of American coinage.

Collectors’ Intrigue

The absence of mintmarks on the 1967 quarter adds to its allure among collectors. While these coins are widely esteemed, grading them presents a challenge, as they lack the mintmarks that typically help identify their origin. Nonetheless, this quirk contributes to the historical intrigue and lasting popularity of the 1967 Washington quarter.

Key Features of the 1967 Quarter

Obverse Details

On the obverse, the 1967 quarter showcases a left-facing portrait of President Washington. His hair is tied back in a low ponytail with a small ribbon, a classic depiction that adds to the coin’s charm. Surrounding the portrait, the word “LIBERTY” arcs across the top, while the date “1967” is prominently displayed at the bottom. To the left of Washington, the nation’s motto, “IN GOD WE TRUST,” is inscribed.

Reverse Design

The reverse of the coin features a striking image of the American eagle with its wings spread wide. Clutched in its talons is a cluster of arrows, symbolizing readiness to defend the nation, while an olive branch flanks the arrows, representing peace. The phrase “UNITED STATES OF AMERICA” crowns the top edge, followed by the motto “E PLURIBUS UNUM.” At the bottom, “QUARTER DOLLAR” denotes the coin’s denomination.

Composition and Physical Characteristics

The 1967 quarter is a copper-clad coin, consisting of a pure copper core encased in an outer layer of 75% copper and 25% nickel. This composition gives the coin its distinctive look and feel. It weighs 5.67 grams and measures 24.30 millimeters in diameter, with a reeded edge that adds to its tactile appeal.

Unlike previous years, the 1967 quarter was primarily minted in Philadelphia without a mint mark, adding to its intrigue. This lack of mint marks means collectors cannot determine the specific mint origin, enhancing its mystique and collectible allure.

Understanding the characteristics of the 1967 quarter can help collectors identify valuable coins and appreciate their place in American history.

President Lyndon Johnson responded to the crisis by removing silver from the composition of quarters and nickels. Instead, a copper core clad in a copper-nickel layer was introduced, marking a significant shift in the materials used for these coins.

Between 1965 and 1967, the Mint took measures to curb coin hoarding by producing new copper-clad coins without mint marks. This practice aimed to deter collectors from stockpiling coins based on mint origin. The absence of mint marks on the 1967 quarter, primarily minted in Philadelphia, adds to its intrigue and desirability among enthusiasts.

Understanding the characteristics of the 1967 quarter can help collectors identify valuable coins and appreciate their place in American history. The lack of mint marks not only makes these quarters popular but also presents unique challenges in grading, distinguishing them from other coins in the series.

Unlike previous years, the 1967 quarter was primarily minted in Philadelphia without a mint mark, adding to its intrigue. Understanding the characteristics of the 1967 quarter can help collectors identify valuable coins and appreciate their place in American history.

The absence of a mint mark on the 1967 quarter introduces a unique challenge. This anomaly can make grading these coins more difficult compared to their predecessors and successors. Without a mint mark, it becomes harder to determine the specific origin of the coin, which can impact evaluations in the numismatic community.

Collectors should be aware that this lack of a mint mark requires a more nuanced approach to grading and identification. By diving deeper into the details of the 1967 quarter, enthusiasts can not only uncover valuable pieces but also gain a richer understanding of this pivotal year in coinage history.

Physical Specifications of the 1967 Quarter

The 1967 quarter boasts a unique construction with its copper core wrapped in a durable outer layer composed of 75% copper and 25% nickel. This coin weighs 5.67 grams and spans 24.30 millimeters in diameter, making it easily recognizable by its size. Additionally, the coin features a distinctive reeded edge. Notably, these quarters lack any mint marks, leaving their origins—be it Philadelphia, Denver, or San Francisco—a mystery.

How is the Reverse of the 1967 Quarter Designed?

The reverse side of the 1967 quarter is a masterful combination of symbolism and artistry. Turn it over, and you’ll be greeted by a striking image of the American eagle. Its wings are majestically spread, signifying both strength and freedom.

Beneath the eagle, you’ll notice it clutching a bundle of arrows in its talons, a powerful representation of the nation’s preparedness to defend itself. In contrast, the olive branch positioned beside the arrows is a nod to the country’s commitment to peace.

Encircling the top edge is the proud inscription of “UNITED STATES OF AMERICA,” establishing the quarter’s national identity. Directly under this proclamation is the historic motto “E PLURIBUS UNUM,” meaning “Out of many, one.”

Finally, the bottom rim of the coin clearly states its denomination with the words “QUARTER DOLLAR,” ensuring there’s no mistaking its value. The combination of text and imagery on this coin captures both the history and the values of the United States.

The design on the front of the 1967 quarter showcases a left-oriented portrait of President George Washington. His hairstyle is notable, pulled back into a neat ponytail, accented with a subtle ribbon.

Above Washington‘s head, the word “LIBERTY” is prominently positioned along the coin’s upper edge. At the bottom edge, the issue year, 1967, is clearly marked.

Adjacent to Washington‘s portrait, specifically to its left, the phrase “IN GOD WE TRUST” is inscribed, reflecting the nation’s guiding principle.

Why is the 1967 Quarter Valuable?

The 1967 quarter is often misunderstood in terms of rarity. While it’s true that the U.S. Mint produced an astonishing 1.5 billion quarters that year, making the standard 1967 quarter quite common, there are specific aspects that might still intrigue collectors.

Special Mint Set: A Rare Gem

What sets certain 1967 quarters apart is the Special Mint Set. Unlike the standard coins, a limited number of these sets were minted and sold exclusively to collectors, not released into general circulation. This scarcity adds a layer of rarity to those particular coins, making them more coveted among enthusiasts.

Assessing Value: Condition and Rarity

The value of the 1967 quarter can vary significantly based on factors such as condition, mint mark, and any existing errors. Generally, uncirculated coins in mint state can command higher prices due to their rarity and demand among collectors. Grading plays a critical role here; coins graded as MS68 or higher can be worth substantially more than those in lower grades.

Understanding Circulation

It’s important to note that many 1967 quarters are still in circulation today. This widespread availability further emphasizes why the standard coins are not considered rare, directing attention toward the Special Mint Set as the truly unique item in this series.

By keeping these factors in mind, collectors can better navigate the complexities of the 1967 quarter market, distinguishing between the common and the rare with a discerning eye.

Why Consider the 1967 Quarter Rare?

The 1967 quarter isn’t typically rare in general circulation. The U.S. Mint produced an astounding 1.5 billion quarters that year, making them quite common. Many of these coins remain in circulation today, contributing to their availability.

However, the narrative changes when considering the Special Mint Set. Unlike the standard quarters, these sets were produced in significantly lower quantities and were specifically sold to collectors rather than released into general circulation. This limited production makes them much rarer and more sought after.

The rarity of these Special Mint Sets contributes to their higher value, especially when they are in pristine condition. Collectors often seek these out, enhancing their desirability in the market. Hence, while standard circulated quarters from 1967 are plentiful, the Special Mint Set versions present the rarity that collectors cherish.

Understanding these nuances can be key when assessing the potential value of your 1967 quarter collection. Knowing the difference between a common 1967 quarter and a Special Mint Set piece could make all the difference in determining your collection’s worth.

Additionally, the presence of error coins can significantly increase the value of a 1967 quarter. Coins with mint-made errors, such as incorrect planchets or die errors, capture the attention of serious numismatists. These unique characteristics contribute to a broader understanding of the coin’s historical significance and market value.

What are the Key Coins of the 1967 Quarter Series?

The 1967 quarter series features several key coins that collectors actively seek out. Notably, the 1967 SMS (Special Mint Set) quarter is a standout piece due to its unique production process and finish. Unlike standard quarters, SMS coins were struck with a higher level of detail and a distinctive cameo appearance, making them highly sought after.

Another noteworthy mention is the rare 1967 quarter with no mint mark. As the Philadelphia Mint produced most of the 1967 quarters without a mint mark, these coins can be particularly valuable if they are in excellent condition.

In 1964, during a nationwide coin shortage crisis, the U.S. Mint removed mint marks from the coins to prevent speculation and hoarding. This decision meant that all 1967 Washington quarters were minted without a mark, making the absence of a mint mark standard for that year. Therefore, while the condition of the coin can enhance its value, the lack of a mint mark itself does not make it rare.

Collectors often seek out these coins in pristine condition, as their historical context adds an interesting facet to their numismatic significance. Keep an eye out for well-preserved examples, as their quality can indeed boost their appeal and worth among enthusiasts.

Understanding the 1967 Washington Quarter’s Value

In 1967, due to a nationwide coin shortage, the U.S. Mint decided not to produce standard-proof sets. Instead, they released a limited Special Mint Set that included three denominations: the quarter, the nickel, and the dime. Only 1,863,344 of these sets were minted, making them sought-after by collectors.

Key Features of the 1967 Special Mint Set Quarter

  • Not Intended for Circulation: These quarters weren’t meant for everyday use. They were produced specifically for collectors.
  • Unique Finish: They feature a matte appearance with frosted surfaces, distinguishing them from regular circulating quarters.

Determining the Value

The value of a 1967 Washington quarter from the Special Mint Set significantly varies based on its condition:

  • PF60 Grade: If the coin is graded PF60, it typically has a market value of approximately $2.50.
  • MS69 Grade: High-quality specimens graded MS69 can command prices up to $150.

Collectors prize these coins not only for their historical context, given the 1967 coin shortage, but also for the unique finish and limited production run. Their worth is influenced by their grade and rarity, making them an intriguing piece for any coin enthusiast’s collection.

Understanding the Value and Uniqueness of 1967 Quarter Proof Coins

In 1967, a unique situation arose due to a coin shortage in the United States. Instead of producing standard proof coins, the U.S. Mint released a special mint set that included quarters, nickels, and dimes. This limited edition set, consisting of only 1,863,344 sets, was primarily produced for collectors, not for general circulation.

Distinctive Features

The quarters in these special sets stand out due to their matte finish, featuring frosted surfaces that differentiate them from regular coins. Unlike traditional circulation coins, these were created with a specific focus on aesthetics to appeal to collectors.

Value of the 1967 Quarter Proof Coins

  • Collector’s Value: If a Washington quarter from this set is graded at PF60, it is often valued around $2.50. However, its worth can increase significantly with better preservation.
  • High-Grade Potential: In cases where the coin is exceptionally well-preserved and graded MS69, its value can soar up to $150 or more.

These special mint set quarters present a fascinating opportunity for collectors due to their limited numbers and distinct presentation.

What Are Common Errors Found in 1967 Quarters?

Error coins present an exciting opportunity for collectors to find unique pieces within the 1967 quarter series. Common errors include double strikes, off-center strikes, and die breaks, which can result in unusual features on the coin. These mint-made errors can significantly enhance the numismatic value of the coin, making them highly collectible.

For example, a 1967 quarter with a double die obverse might display extra details in George Washington’s hair or the lettering, creating a striking visual anomaly. Collectors often refer to the 1967 quarter error list to identify these unique pieces and understand their market value.

Notable 1967 Quarter Errors and Their Values

Delving deeper into this series, collectors can find several notable errors that add intrigue and value:

  • 1967 Struck On Nickel Planchet Quarter Error
    Some 1967 quarters were mistakenly struck on five-cent nickel planchets. This results in a portion of the quarter design being missing, as the die meant for quarters couldn’t fully strike the smaller nickel planchet. These coins are valued between $130 and $160.
  • 1967 Struck-on Copper Quarter Error
    This error occurs when a planchet with a rim (Type II) is struck with a 1967 quarter die. The result is a coin missing a rim portion, with a smooth edge and a reddish-brown hue. Depending on the condition, these coins can fetch $90 to $150.
  • 1967 Struck on 10-cent Dime Planchet Quarter Error
    In this scenario, a quarter die was used on a dime planchet, leading to a coin with a significant portion missing, including parts of the president’s portrait. Although not as popular due to the missing sections, this error can still command around $100.
  • Off Center Strikes
    An off-center strike occurs when the die strikes the blank planchet off-center. This results in a coin where one side is smooth and the image is misaligned. Deviations typically range from 20% to 30%, making these errors a sought-after variety.
  • 1967 Quarter Clip Error
    Curved clipped errors happen when the planchet is struck twice by the planchet-cutting machine, clipping a portion of the coin. These intriguing errors can be worth up to $400.

By understanding these specific errors and their corresponding values, collectors can better navigate the intriguing world of 1967 quarter error coins, enhancing their collections with these rare finds.

For example, a 1967 quarter with a double die obverse might display extra details in George Washington’s hair or the lettering, creating a striking visual anomaly. Collectors often refer to the 1967 quarter error list to identify these unique pieces and understand their market value.

Detailed Error Types

To delve deeper into the specific types of errors found in 1967 quarters, we can explore some notable examples:

  • 1967 Struck On Nickel Planchet Quarter Error: Occasionally, some quarters were accidentally struck on nickel planchets, which are smaller than a quarter. As a result, these coins may appear incomplete, as the quarter die couldn’t entirely fit over the smaller planchet. This intriguing error is valued between $130 and $160.
  • 1967 Struck-on Copper Quarter Error: This error occurs when a Type II planchet, featuring a rim, is struck using a 1967 quarter die. The result is a quarter with a missing rim portion and a smooth edge, often exhibiting a reddish-brown hue. Depending on condition, these coins can fetch between $90 and $150.
  • 1967 Struck on 10-cent Dime Planchet Quarter Error: In this case, a quarter die was used to strike a dime-sized planchet. The smaller size means a significant portion of the coin, including the president’s portrait, is missing. Despite its incomplete appearance, this error can still be valued around $100.
  • Off Center Strikes: This error results when the die strikes the blank planchet off center, leading to one side of the coin’s edge being smooth and the image appearing misaligned. These strikes generally have a deviation of 20 to 30%.
  • 1967 Quarter Clip Error: These quarters feature a curved clip, resulting from the planchet being struck twice by the planchet-cutting machine. This error can create a fascinating clipped appearance and may be valued as high as $400.

By understanding these errors, collectors can better appreciate the rarity and value of 1967 quarters, adding a captivating dimension to their numismatic collections.

How to Determine the Grading of a 1967 Quarter?

Grading is an essential aspect of coin collecting, and understanding how to grade a 1967 quarter can help collectors assess its value accurately. The Sheldon coin grading scale, which ranges from 1 to 70, determines the condition of the coin based on criteria such as luster, wear, and overall appearance.

When evaluating a 1967 quarter, a critical feature to examine is George Washington‘s hair. This area is particularly prone to wear and can reveal whether the coin is circulated, slightly circulated, or uncirculated.

Key Grading Categories

  • Circulated: Signs of wear are visible, especially on the hair and other raised areas.
  • Slightly Circulated: Minor wear, but the details remain sharp.
  • Uncirculated: No wear, often categorized further into cameo or deep cameo.

Cameo (CAM) and Deep Cameo (DCAM): These terms refer to uncirculated quarters with a striking contrast between the design and the surface, resulting in a brilliant, mirror-like finish. Cameo Washington quarters might fetch around $2,000, while Deep Cameo coins can be valued at $3,000 or more, depending on their rarity.

By understanding these grading nuances, collectors can make informed decisions about their 1967 quarters, maximizing both their enjoyment and investment potential.

Are 1967 Quarters Worth Anything Today?

Many collectors often ask, “Are 1967 quarters worth anything?” The answer largely depends on the coin’s condition and whether it possesses any unique characteristics. While many circulated 1967 quarters may only be worth their face value of 25 cents, uncirculated or error coins can fetch premium prices at auction or through private sales.
According to recent price charts, a typical 1967 quarter in circulated condition may be valued between $2 to $5, while uncirculated coins can range from $10 to $30 or more. Error coins, especially those with prominent features, can reach prices well into the hundreds, making them a lucrative find for collectors.
To provide a more detailed perspective, in 1967, the U.S. Mint struck approximately 1,524,031,848 Washington quarters. Due to this large number, these quarters are not rare and are readily available, though most are found in circulated condition. For circulated quarters, you can expect them to be worth about $0.3.
For those graded as About Uncirculated, they can bring in between $0.4 and $0.85. When it comes to mint state coins, a quarter graded MS61 might fetch about $2.50. However, the value can rise significantly for those with exceptional qualities, such as deep cameos and ultra-cameos with frosted surfaces, potentially reaching up to $6,250.
This comprehensive understanding of the 1967 quarters’ value across different conditions and grades gives collectors a clear idea of the potential worth of these historical coins.

Where Can You Buy or Sell 1967 Quarters?

When looking to buy or sell 1967 quarters, collectors often turn to reputable coin dealers or online platforms. Websites like eBay provide a marketplace for collectors to find rare coins, while local coin shops offer the opportunity for face-to-face transactions. However, it’s essential to research and ensure that any dealer has a good reputation to avoid potential scams.

Accurate Precious Metals is a well-known dealer for purchasing or selling gold and silver products. While they do not currently offer a place to store metal products, they provide an informative experience for collectors looking to explore the value of their coins.

How to Find 1967 Quarters in Circulation?

Finding 1967 quarters in circulation can be an exciting adventure for coin collectors. Many enthusiasts engage in coin roll hunting, sifting through rolls of quarters from banks in search of valuable coins. While the chances of finding a high-value 1967 quarter may vary, the thrill of discovery keeps many collectors engaged.

Collectors can also check their change regularly, as some individuals may overlook these quarters. A keen eye for detail can lead to the discovery of uncirculated or error coins that could significantly enhance a collection.

What is the Future of the 1967 Quarter?

The future of the 1967 quarter appears bright within the realm of numismatics. As more collectors become interested in the coin, its value may continue to rise, especially for uncirculated and error coins. The historical context surrounding the 1967 quarter, including the coin shortage and the production of SMS coins, contributes to its continued allure.

Additionally, as the population of collectors grows, the demand for key coins, like in the 1967 quarter, will likely increase, further impacting their market value. Collectors who carefully assess their coins and stay informed about trends in the numismatic community will be well-positioned to benefit from their investments.

FAQs about the 1967 Quarter

What is the value of a regular 1967 quarter today?

The value of a regular 1967 quarter in circulated condition is typically between $2 and $5. However, depending on their condition, uncirculated coins can fetch prices ranging from $10 to $30 or more.
In 1967, the U.S. Mint produced an impressive 1,524,031,848 Washington quarters. This massive output was part of an effort to address the ongoing coin shortage of the time. As a result, these quarters are not rare and most are found in circulated condition today. Despite the absence of mint marks due to production in multiple facilities, their availability remains high.
Despite the large production numbers, there are still opportunities to find valuable pieces among them. For coins graded as About Uncirculated, values can range from $0.4 to $0.85. In circulated condition, however, you can usually expect your 1967 quarter to be worth about $0.3.
If you come across a mint state coin, such as one graded MS61, it might be worth around $2.50. Yet, the value can increase exponentially for exceptional examples. Coins featuring deep cameos or ultra-cameos with frosted surfaces can significantly increase in value, reaching as much as $6,250.
Understanding these nuances helps collectors and sellers appreciate the full spectrum of 1967 quarter values, from the common to the highly sought-after. Whether you’re a seasoned collector or a curious seller, knowing the potential worth of these coins can be both exciting and profitable."

How can I tell if my 1967 quarter is an error coin?

Error coins may display unique features such as double strikes or off-center strikes. Examining the coin closely for these anomalies can help you determine if it possesses any valuable characteristics.

Where can I find a price chart for the 1967 quarter?

Numerous online resources provide price charts for various coins, including the 1967 quarter. Websites dedicated to numismatics often feature up-to-date pricing information based on recent sales and market trends.

To give you a quick overview, here’s a value chart for the 1967 quarter:

Mint Mark Good Fine Extremely Fine Uncirculated 1967 No Mint Mark Quarter $0.30 $0.30 $0.30 $6,250 1967 SMS Quarter – – – $150 This chart highlights the potential worth of 1967 quarters based on their condition and mint type. For more detailed and current valuations, visiting reputable coin collecting websites or consulting with professional numismatists can provide deeper insights.

Is the 1967 SMS quarter different from the regular 1967 quarter?

Yes, the 1967 SMS quarter is struck with a unique process that results in a higher level of detail and a cameo appearance. This special mint set coin is often more valuable than the standard 1967 quarter.

Can I sell my 1967 quarter online?

Yes, many collectors sell their coins online through platforms like eBay or specialized numismatic websites. Researching the best-selling venues and ensuring proper authentication can help secure a fair price for your coin.

Summary of Key Points

  • The 1967 quarter is a significant piece in the Washington quarter series.
  • Its value depends on the condition, mint mark, and any existing errors.
  • Key coins, such as the 1967 SMS quarter, are highly sought after by collectors.
  • Error coins can significantly enhance the numismatic value of the 1967 quarter.
  • Understanding grading is crucial for assessing the worth of your coins.
  • Finding 1967 quarters in circulation can be an exciting adventure for collectors.

Sources

1. “United States Mint. 1967 Washington Quarter.” United States Mint, www.usmint.gov.

2. “Coin World. Pricing the 1967 Quarter.” Coin World, www.coinworld.com.

3. “Numismatic News. Collecting Error Coins.” Numismatic News, www.numismaticnews.net.