Untold Value of 1967 Quarters: When it comes to coin collecting, the 1967 quarter is often overlooked. Most people see it as just another piece of loose change. However, collectors know that these quarters can hold surprising value, especially those with unique errors or from limited mint sets. Whether you’re a seasoned numismatist or a beginner, understanding what makes these coins valuable can help you spot a hidden gem in your collection.
This article explores the 1967 quarters value in detail, covering everything from special mint sets and error coins to grading tips and market demand. Stick around to discover if that old quarter in your drawer is worth more than you think!
Overview of the 1967 Quarter
Aspect | Details |
Design | George Washington (Obverse) and American eagle (Reverse) |
Material | Copper core with an outer layer of 75% copper and 25% nickel |
Weight and Size | 5.67 grams, 24.30 mm diameter |
Mint Marks | No mint marks used |
Special Mint Sets (SMS) | Limited edition for collectors |
Common Errors | Includes double strikes, off-center, and clipped errors |
Why Are 1967 Quarters Valuable?
While the U.S. Mint produced over 1.5 billion quarters in 1967, certain aspects make some of these coins far more valuable than others. The absence of mint marks was a deliberate move to curb coin hoarding, adding an element of mystery for collectors. Key factors that influence the 1967 quarters value include:
- Special Mint Sets: Exclusive to collectors and not released for circulation, making them rare.
- Error Coins: Coins with mint mistakes like double strikes or off-center images can be worth hundreds of dollars.
- High-Grade Condition: Uncirculated coins in pristine condition command higher prices.
Key Features of the 1967 Quarter
- Obverse Details:
- Features a left-facing portrait of George Washington with the word “LIBERTY” above and the date 1967 below.
- The motto “IN GOD WE TRUST” is positioned to the left of the portrait.
- Reverse Design:
- Depicts an American eagle clutching arrows and an olive branch, symbolizing readiness for defense and a desire for peace.
- Includes the phrases “UNITED STATES OF AMERICA” and “E PLURIBUS UNUM”.
- Material and Weight:
- Made with a copper core and an outer layer of 75% copper and 25% nickel, giving it a unique appearance and durability.
- Weighs 5.67 grams and has a diameter of 24.30 mm.
The Hidden Value of Special Mint Sets (SMS)
The 1967 SMS quarters were not intended for everyday use but were sold directly to collectors. These coins have a distinct matte finish and sharper details compared to standard quarters. The limited production run of just 1,863,344 sets makes them a hot commodity among collectors.
SMS Quarter Values:
- PF60 Grade: Typically worth about $2.50.
- MS69 Grade: Can reach prices up to $150.
The unique appearance and limited availability of SMS quarters contribute significantly to their value. If you come across one, it’s worth getting it graded by a professional.
Common Errors That Boost 1967 Quarters Value
Error coins are like winning the lottery for collectors. Here are some of the most valuable errors found on 1967 quarters:
- Struck on Nickel Planchet:
- These quarters are smaller and may appear incomplete. They can be worth between $130 and $160.
- Struck on Copper Planchet:
- Coins struck on copper planchets instead of the intended copper-nickel mix can fetch $90 to $150.
- Off-Center Strikes:
- Coins with designs shifted off-center can be worth a lot, depending on the percentage of the error.
- Clipped Planchet Errors:
- Features a curved clip, often caused during the minting process. These can be worth up to $400.
If you suspect you have an error coin, consider consulting a numismatic expert for an accurate evaluation.
How to Grade a 1967 Quarter for Maximum Value
The grade of a coin is a critical factor in determining its value. Grading is done on the Sheldon scale (1 to 70), with higher numbers indicating better condition. Key things to look for include:
- Detail in Washington’s Hair: Less wear means a higher grade.
- Surface Luster: A shiny, smooth surface indicates minimal handling.
- Mint State Grades: Uncirculated quarters graded MS68 or higher can sell for thousands of dollars.
Investing in a magnifying glass can help you assess your coins better. If you believe your quarter is valuable, getting it professionally graded is a smart move.
Top 5 Tips for Finding Valuable 1967 Quarters
- Inspect for Errors: Look closely for any unusual markings or off-center designs.
- Check for SMS Features: A matte finish could indicate a Special Mint Set quarter.
- Preserve Condition: Handle coins by the edges to avoid scratches.
- Research Prices: Check recent auction results for similar coins.
- Consult Experts: Professional opinions can help you accurately assess value.
FAQs About 1967 Quarters
What is the value of a standard 1967 quarter today?
Most circulated quarters are worth $0.30 to $5, but uncirculated ones can go for $10 to $30 or more.
How can I tell if my 1967 quarter is an error coin?
Look for signs like double strikes, clipped edges, or off-center designs. Using a magnifying glass helps.
Is a 1967 SMS quarter worth more than a regular one?
Yes, SMS quarters have a special finish and limited mintage, making them more valuable.
Can I sell 1967 quarters online?
Absolutely! Websites like eBay and specialized numismatic sites are great options.
Why do 1967 quarters have no mint mark?
The U.S. Mint temporarily removed mint marks to deter coin hoarding during a coin shortage.
Final Thoughts: Are 1967 Quarters Worth Keeping?
If you have a 1967 quarter, it’s worth a closer look. Even if it’s not part of a Special Mint Set or an error coin, a well-preserved uncirculated piece can still hold significant value. The key is to inspect your coins carefully and stay informed about market trends.
Got a 1967 quarter in your collection? Share your finds in the comments below, or pass this article along to fellow collectors who might be sitting on a hidden treasure!