If you own a 1967 Washington quarter and are curious about its value, you’re in the right place. Although these quarters are not considered rare, they carry historical significance as a tribute to George Washington, the nation’s first president.
In 1967, during a nationwide coin shortage, the U.S. Mint produced these quarters with unique characteristics to discourage hoarding. Keep reading to discover the value of your 1967 quarter and the potential for error coins worth hundreds of dollars!
1967 Quarter Value Chart
The table below outlines the approximate value of 1967 Washington quarters in different conditions:
| Mint Mark | Good | Fine | Extremely Fine | Uncirculated |
|---|---|---|---|---|
| 1967 No Mint Mark Quarter | $0.30 | $0.30 | $0.30 | $6,250 |
| 1967 SMS Quarter | – | – | – | $150 |
The History Behind the 1967 Quarter
The Washington Quarter has been a symbol of American heritage since its first minting in 1932, celebrating the bicentennial of George Washington’s birth. However, the 1967 quarter holds particular significance due to its role in addressing a coin shortage in the 1960s.
The Coin Shortage of the 1960s
In the early 1960s, rising silver prices led many Americans to hoard coins for their melt value. This hoarding affected various denominations, including Kennedy half dollars and Washington quarters, depleting the Treasury’s silver reserves.
To address this, President Lyndon B. Johnson ordered the removal of silver from quarters and nickels. The new quarters featured a copper core with a copper-nickel outer layer. Additionally, the Mint temporarily omitted mint marks (from 1965–1967) to discourage hoarding and preserve coin circulation.
Impact of No Mint Mark
The absence of mint marks on the 1967 quarter adds a layer of collectibility. However, this omission also complicates grading, as the origin of the coins (Philadelphia, Denver, or San Francisco) cannot be determined.
Features of the 1967 Washington Quarter
Obverse Design
The obverse features a left-facing portrait of George Washington. His hair is tied back with a ribbon, and the inscriptions “LIBERTY” and “IN GOD WE TRUST” adorn the upper and left edges. The year “1967” is displayed at the bottom.
Reverse Design
The reverse showcases a majestic eagle with outstretched wings, clutching arrows and an olive branch to symbolize readiness for defense and the pursuit of peace. Surrounding the eagle are the inscriptions “UNITED STATES OF AMERICA” and “E PLURIBUS UNUM,” with “QUARTER DOLLAR” at the bottom.
Physical Characteristics
- Composition: Copper core with 75% copper and 25% nickel outer layer
- Weight: 5.67 grams
- Diameter: 24.30 millimeters
- Edge: Reeded
Grading the 1967 Quarter
Grading coins is essential to determining their value. For the 1967 quarter, focus on the wear and detail in George Washington’s hair. Key grading levels include:
- Cameo (CAM): High contrast between raised designs and the coin’s surface; valued up to $2,000.
- Deep Cameo (DCAM): Enhanced contrast and mirror-like surfaces; can fetch $3,000 or more.
| Grade | Condition |
|---|---|
| Basal State-1 | Barely identifiable |
| Good (4, 5, 6) | Wear is evident |
| Very Fine (20, 30) | Moderate detail |
| Mint State (60, 65, 70) | Pristine condition |
1967 Quarter Value Breakdown
Circulated Coins
Circulated 1967 quarters typically have low monetary value, averaging $0.30. In better grades like About Uncirculated, the value increases slightly to $0.40–$0.85.
Uncirculated Coins
- Standard Mint State (MS61): $2.50
- Deep Cameo/Ultra-Cameo (MS65): Up to $6,250
Special Mint Sets (SMS)
Due to the coin shortage, proof sets were replaced with Special Mint Sets (SMS) in 1967. Only 1,863,344 SMS coins were produced. Coins from these sets, especially those graded MS69, can reach values of up to $150.
Rare 1967 Quarter Errors
Minting errors can make the 1967 quarter significantly more valuable. Below are some of the most notable errors:
| Error Type | Description | Value |
|---|---|---|
| Struck on Nickel Planchet | Smaller planchet missing part of the design | $130–$160 |
| Struck on Copper Planchet | Reddish-brown hue with missing rim | $90–$150 |
| Struck on Dime Planchet | Dime-sized coin missing parts of the design | Around $100 |
| Off-Center Strikes | Design shifted off-center by 20–30% | Varies |
| Curved Clip Error | Planchet clipped due to misaligned cutting machine | Up to $400 |
Where to Sell Your 1967 Quarter
If you’ve identified a valuable 1967 quarter, here are some reliable platforms for selling:
- eBay: Popular for reaching collectors worldwide.
- Heritage Auctions: Specialized auction house for rare coins.
- Coin Shops: Local experts who can evaluate your coin on the spot.
- Online Forums: Join coin enthusiast groups to connect with buyers directly.
FAQs
Why do 1967 quarters have no mint mark?
The U.S. Mint omitted mint marks from 1965 to 1967 to discourage hoarding during a coin shortage.
Are all 1967 quarters valuable?
Most 1967 quarters in circulated condition are worth around $0.30. However, uncirculated coins and error coins can fetch significantly higher prices.
What is a Special Mint Set (SMS)?
The SMS is a three-coin set released in 1967, featuring a quarter, dime, and nickel with a matte finish for collectors.
2 thoughts on “2 Most Valuable 1967 Quarter Coins: Error List & No Mint Mark Worth Hundreds”
Is this a good 1967 quarter
I have a 1967 and a 1970 quarter and more I just don’t know who’s in to ;ye Coins