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1966 quarter value

1966 quarter value

2 min read 11-11-2024
1966 quarter value

1966 Quarter Value: A Guide to Identifying and Assessing Your Coins

The 1966 quarter, a familiar sight in our pockets, can hold surprising value depending on its condition and variety. While most are common and worth face value, a few can be worth hundreds, even thousands, of dollars. This guide will help you understand what makes a 1966 quarter valuable and how to spot these rare gems.

Understanding the 1966 Quarter

The 1966 quarter, minted in the midst of the "Silver Crisis," marks a significant shift in U.S. coinage. The silver content in quarters was reduced from 90% to 40%, making this year a transition point for collectors. Let's break down the different variations:

1. Standard 1966 Quarter:

  • Composition: 40% silver, 60% copper
  • Mintage: Over 443 million
  • Value: Typically worth face value (25 cents)

2. Proof 1966 Quarter:

  • Composition: 40% silver, 60% copper
  • Mintage: 1.2 million
  • Value: Can be worth $15-$25 depending on condition

3. 1966 "Double Die" Quarter:

  • Composition: 40% silver, 60% copper
  • Mintage: Extremely rare, few known exist
  • Value: Can fetch thousands of dollars

Identifying Value:

Condition: The condition of a coin significantly impacts its value. The American Numismatic Association (ANA) grading system is used to assess coins based on their wear and tear. Higher grades mean better condition and higher value.

Variety: The "double die" variety is the most sought-after. This error occurs during the minting process, resulting in doubled images on the coin.

How to Identify a Double Die:

  • Look for Doubled Images: Examine the date, motto, and "In God We Trust" inscription for doubled images.
  • Compare to a Standard Quarter: Side-by-side comparisons will make the doubled image more apparent.

Where to Get Your 1966 Quarter Graded:

Professional coin grading services like PCGS and NGC can assess your coin and provide an objective grade, making it easier to sell or insure.

Tips for Selling a 1966 Quarter:

  • Research: Compare prices of similar coins online and at auction houses.
  • Find a Reputable Dealer: Look for dealers with good reputations and experience in handling rare coins.
  • Don't Overestimate Value: A professional grading can help avoid selling a common coin for an inflated price.

Conclusion:

The 1966 quarter holds the potential for surprising value, especially if it's a double die variety in good condition. By understanding the different types of 1966 quarters and utilizing resources like professional grading services, you can determine the true worth of your coin and make an informed decision about its future. Remember, it's always advisable to consult with a knowledgeable coin dealer or collector for the most accurate assessment.

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