Coin Value Contents Table
Do you own a 1967 Washington quarter and are curious about its worth?
You’ve come to the right place.
Although Washington quarters are not rare, these coins are historically significant as they celebrate our country’s first president, George Washington.
The U.S. Mint struck this coin at a time of great coin shortage and had to make several changes to keep collectors from hoarding silver coins for their melt value.
Read on to learn more about the 1967 quarter value and errors worth hundreds of dollars!
Let’s get started!
1967 Quarter Value Chart |
||||
Mint Mark | Good | Fine | Extremely Fine | Uncirculated |
1967 No Mint Mark Quarter | 0.3 | $0.3 | $0.4 | $675 |
1967 SMS Quarter | – | – | – | $150 |
History of the 1967 Quarter
The Washington quarter has a long history. It was first minted in 1932 to celebrate the bicentennial birth of the first president of the United States of America, George Washington. This quarter has since been struck each year.
In the early 1960s, the country experienced a severe coin shortage alongside ever-rising silver prices. In a panic, people began hoarding coins for large sums, including the Kennedy half dollar, nickels and cents. The United States Mint responded to the shortage by producing more 1964 coins well into 1965. But this had the negative impact of depleting the Treasury’s silver stock.
So high was the spot price of silver that then-President Lyndon Johnson halted using silver to produce quarters and nickels. Instead, the new coins would comprise a copper core clad in a copper-nickel layer.
Between 1965 and 1967, the Mint attempted to minimize hoarding during a coin shortage by striking new copper-clad coins without mint marks. The practice of using mint marks resumed in 1968.
So, the lack of mintmarks on the coin makes the 1967 quarter quite popular among collectors. However, this anomaly can also make grading these coins harder than their predecessors and successors.
Also read: Top 13 Most Valuable State Quarters Worth Money
Features of the 1967 Quarter
We’ll now look at the features of the 1967 quarter and what makes this a standout coin.
The Obverse of the 1967 Quarter
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The obverse features a left-facing portrait of President Washington. His hair was held back in a low ponytail and adorned with a small ribbon.
You will find the words LIBERTY around the rim at the top of the coin while the date of release,1967, appears around the rim at the bottom.
To the left of the portrait, you will find the nation’s motto, IN GOD WE TRUST.
The Reverse of the 1967 Quarter
When you turn the coins so that the tails or reverse looks up, you will see a bold portrait of the American eagle with its wings spread out wide.
The bird holds a bunch of arrows in its talons, symbolizing readiness to defend the nation. However, an olive branch flanking the arrows represents peace.
The words UNITED STATES OF AMERICA appear around the coin’s rim at the top, followed by the motto E PLURIBUS ENUM.
The words QUARTER DOLLAR, denoting the currency’s denomination, appear around the bottom rim.
Other Features of the 1967 Quarter
The 1967 quarter is a copper-clad coin with a pure copper core covered by an outer layer of 75% copper and 25% nickel.
It weighs 5.67 grams and measures 24.30 millimetres in diameter. The coin has a reeded edge.
As mentioned, the 1967 Washington quarter does not have mint marks, so you cannot tell from where any of these coins originate, that is, Philadelphia, Denver or San Francisco.
Check out this video for more interesting facts about the 1967 Washington quarter.
1967 Quarter Grading
When grading the 1967 Quarter, a specific feature you should assess is George Washington’s hair. Check out this area of the coin keenly for wear and tear.
The hair is more prone to wear, and its condition will tell you whether the coin is circulated, slightly circulated, or uncirculated.
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Uncirculated quarters may be further categorized into cameo or deep cameo. These terms simply refer to high-quality coins with a significant contrast between the design and the surface. These coins also boast a brilliant, lustrous, mirror-like surface.
Cameo (CAM) Washington quarters can fetch as much as $2,000, while Deep Cameo ( DCAM) coins are valued at $3,000 or more, depending on their scarcity.
# | Grade |
---|---|
1 | Basal State-1 |
2 | Fair |
3 | Very Fair |
4, 5, 6 | Good |
7, 8, 10 | Very Good |
12, 15 | Fine |
20, 30 | Very Fine |
40 | Extremely Fine |
50 | About Uncirculated |
60 | Mint State |
65 | Mint State |
70 | Mint State |
Please check our grading guides to know your coin scale, It’s the necessary step to know the exact value of your coin.
Check out now: How to Grade Washington Quarter?
1967 Quarter Value Guides
The U.S. Mint struck approximately 1,524,031,848 Washington quarters in 1967. One cannot tell how many of these coins came from which minting facility because the quarters do not have an identifying mint mark.
Undoubtedly, the mint struck a huge number of Washington quarters that year. They did this to keep up with the lingering coin shortage at the time. As such, 1967 quarters are not rare and readily available, but most are in circulated condition.
In circulated condition, you can expect your 1967 quarter to be worth about $0.3, while those graded as About Uncirculated can bring in between $0.4 and $0.85.
Washington quarters from 1967 are still not as high-value, even for those in mint state. A quarter-graded MS61 will fetch about $3, but this value can increase exponentially to about $675 for deep cameos and ultra-cameos with frosted surfaces.
1967 Quarter Proof Value
Due to an ongoing coin shortage at the time, the U.S. Mint did not issue standard-proof coins. Instead, it issued a 3 set piece containing all three denominations, i.e. quarters, nickels and dimes. Only 1,863,344 of the special mint set were struck.
This move allowed the Mint to focus its resources on producing in-demand coins needed for day-to-day transactions.
Mint Set quarters are not meant for circulation; they were only made for collectors. They come in a matte finish with frosted surfaces.
A Washington quarter in the Special Set might be worth about $2.50 when graded PF60, but the coin can fetch up to $150 when graded MS66 and above.
Also read: Top 16 Most Valuable Modern Quarters Worth Money
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Rare 1967 Quarter Error List
The 1967 quarter has many examples of minting errors. Some errors can increase the coin’s value, especially in mint state, while others aren’t worth much.
Here are some of the most valuable 1967 Washington quarter errors:
1967 Struck On Nickel Planchet Quarter Error
Some 1967 quarters were accidentally struck on five cents nickel planchets, smaller than a quarter. As a result, a portion of the quarter is missing since the entire die used to strike quarters could not entirely fit over the small nickel planchet. Such an error is worth about $130 to $160.
1967 Struck-on Copper Quarter Error
This error occurred when a planchet with a rim, also known as a Type II planet, was struck using a 1967 quarter die. This resulted in two distinct features: A quarter missing a rim portion, a smooth edge, and a reddish-brown hue. This error is uncommon and is worth anything in the range of $90 to $150, depending on the coin’s condition.
1967 Struck on 10-cent Dime Planchet Quarter Error
Mint workers used a quarter die to strike a dime. A dime is slightly smaller than a quarter, so this error results in a large chunk of the coin missing, including the president’s portrait and some wording. This error is not very popular because a large part of the coin is missing. That being said, you can expect around $100 for this coin error.
Off Center Strikes
The off-center strike is yet another popular error in the 1967 quarter series. This error occurs when the die strokes the blank planchet off center, resulting in one side of the coin’s edge being smooth and the image appearing less centered. Most off-center strikes are minor, with a 20 to 30% deviation.
1967 Quarter Clip Error
The 1967 quarter series has curved clipped errors. These occur when the planchet is struck twice by the planchet-cutting machine. The machine can clip or cut out a portion of the coin, which then goes on to be punched, resulting in a clipped quarter. This fascinating error coin can fetch as much as $400.
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Also read: 17 Most Valuable Quarter Errors Worth Money
Where to Sell Your 1967 quarter ?
Now that you know the value of your coins, do you know where to sell those coins online easily? Don’t worry, I’ve compiled a list of these sites, including their introduction, pros, and cons.
Check out now: Best Places To Sell Coins Online (Pros & Cons)
FAQ
Are 1967 quarters worth anything?
A 1967 quarter is typically not worth much in circulated condition. But, the coin’s value increases in higher grades. Circulated coins are worth between $0.3 and $0.85, but one in mint state can fetch as much as $675 or more.
Why is a 1967 quarter rare?
The 1967 quarter is actually not rare. The Mint struck and produced 1.5 billion coins, a record-breaking figure. Many of these coins are still in circulation. What might be rare in this series is the Special Mint Set, as only a few were minted and sold to collectors instead of being released into circulation.
What is a 1967 quarter worth with no mint mark?
Not a single 1967 quarter has a mint mark. In 1964, at the peak of a challenging nationwide coin shortage crisis, the U.S. Mint removed mint marks from the coins to prevent speculation and hoarding. As such, you will not find a mint mark on the 1967 Washington quarters.