1966 Quarter – Are you wondering about the 1966 quarter value that could be worth more than face value? Think is a 1966 quarter real silver? wondering how do I know if my 1966 quarter is worth anything? This time, we will discuss the answers to these questions and others so that you will know which 1966 Washington quarter value is worth holding onto.
Washington Quarter Overview
A well-known and needed coin in daily trading, the Washington Quarter was minted in 1932 to replace the previous coin circulation, the standing liberty quarter. The Washington Quarter was created to commemorate the 200th birthday of the first President of the United States, George Washington. The Washington Quarter then instantly became a hit with consumers.
The design for the Washington Quarter coin went to sculptor John Flanagan who later designed it to feature a common patriotic design.
The obverse section is designed to show the statue of George Washington facing left and the word “LIBERTY” right at the top center of the curve, and underneath it is written the year minted right at the bottom center of the Washington statue.
Then, there is the motto “IN GOD WE TRUST” on the left side of the coin, under Washington’s chin.
Then on the reverse side of the coin has a patriotic design of an eagle with outstretched wings and holding arrows and wreaths in its claws.
At the top of the Eagle designed by Flanagan are the curved words “UNITED STATES OF AMERICA” and “E PLURIBUS UNUM” below the sentence just above the Eagle’s head. Then the denomination “QUARTER DOLLAR” is written at the bottom center.
Washington Quarters made between 1932 and 1964 have a 90% silver-based composition. However, the silver composition was removed eventually in 1965, which later changed to a composition of nickel coating and copper core.
1966 Washington Quarter
A large number of Washington Quarters in 1965 were printed due to lower costs and increased demand. But this changed in 1966 when mint reduced production, they only minted 821,101,000 examples. The number was 1 million less than the amount minted in 1965.
This change was made to help even out the number of Washington Quarters in circulation at the time.
Since the 1966 quarter value was minted after 1964, there is no silver in the coin, but rather a copper-nickel plated composition.
With this composition, the 1966 quarter value coin weighs 5.67 grams and has a diameter of 24.3 mm and reeding or mounds can be found on the edge of the coin.
Grading The 1966 Washington Quarter
1966 quarter value rare becomes a collectible coin with a value exceeding its original face value. That is due to several factors in determining the value of Washington Quarters. Then, how do I know if my 1966 quarter is worth anything?
Below are some guidelines to follow in assessing the Washington Quarter in general and the 1966 quarter value.
- Good 4: A very outdated coin with the main motto and a distinguishable design. The rims are worn and some may be incomplete.
- Fine 12: This goes into more detail. The rims are intact but also worn. Washington’s hair has few details and eagle feathers can even be seen.
- Extra Fine 40: It Has wear and tear on almost all parts of the coin and also has more small details to see. All the main details look sharp and some of the real mint shimmers can be seen.
- MS-60: Coins that have not been circulated and can come directly from the mint. It has sharp detail in all parts and there is no wear anywhere. The full mint shimmer comes with a few minor breaks or contact marks.
- MS-65: Same as MS-60 but with slightly sharper and shiny details. There are one to two small contact marks in an unobtrusive area on the coin.
Most Washington Quarters minted before 1970 are Extra Fine and even lower. Therefore, if you have a 1966 Quarter value with an MS-60 condition or even higher it is highly recommended to keep it well as examples that have this condition will become increasingly rare.
Which 1966 Quarter Is Worth More Than Face Value?
You may be wondering are the 1965 and 1966 quarters worth anything? Chances are your 1966 quarter may only be worth 25 cents unless the coin looks new and looks like it was just minted yesterday.
Why Only Face Value?
First, the 1966 quarter was very common in circulation. Then, how much is a circulated 1966 quarter worth? U.S. Mint has 821,101,500 for circulation.
Then, the 1966 quarter value is made of a layer of copper and nickel which are base metals that don’t have a gold bullion value so high that the 1966 quarter minted doesn’t have more than face value on the coin, because the intrinsic metal value is even lower than that.
You might think that if your 1966 quarter no mint mark error mint damage on the obverse side of the coin which is usually to the right or back of George Washington’s head then the 1966 No Mint Quarter value is valuable, right? Unfortunately, not in the quarter of 1966.
The small letters you usually see on the back of Washington’s head are called mint marks.
Mintmarks tell where the coin was made. The absence of a mint mark can also usually indicate where the coin came from. There is no mint mark on the United States coin indicating it was made in the Philadelphia Mint. But that wasn’t necessarily the case in the 1966 quarter.
Silver Error Quarter
1965 was the year the quarter changed its composition from 90% silver to 0% silver. So the 1966 quarter value doesn’t have silver in it. However, there is a possibility of error whenever there is a major change in the operating procedure.
Rumor has it that the 1966 silver quarter value exists. However, that can’t be confirmed yet. However, the possibility of a 1966 quarter value error exists because 1966 was a year of change and there were varieties of silver errors from Quarter 1965 to Quarter 1968.
So how to identify silver error coins? The easiest method is to weigh the coins. The standard quarter weighs 5.67 grams and the 90% silver quarter weighs 6.25 grams, see foreign coins worth money.
In addition, you can also tell the difference using an eye test. Quarter silver will appear shinier and will not have a copper or nickel coating on the edges of the coin.
Then, are there any errors in the 1966 quarter? You may have heard of the 1965 silver quarter error which is very rare and is worth over $7,000 and makes you also wonder if there is a similar 1966 silver quarter that is worth a lot of money. This is a good question to ask especially when there are so many errors a coin makes it have more value.
Unfortunately, it has not been confirmed that there is a 1966 quarter that has a valuable error as happened in the 1965 quarter which has a high-value error. So, what makes a 1966 quarter rare?
There was a quarter of 1966 that made it worth more than its face value apart from the very small chance of silver error. The factors that make the 1966 quarter value rare and have more value are:
- Uncirculated Quarter 1966: That could be worth around $1 to $3.
- 1966 Quarter of the Special Mint Sets: It could have a value of around $2 and up.
- Particular quarter errors for the 1966 version and variations range from 5 dollars to 25 dollars, and some doubled die quarters 1966 versions have a value of 50 dollars or higher.
The most precious 1966 quarter ever sold valued at MS68 by the Professional Coin Grading Service was up to $11,750 at the 2019 auction.
How Much Is A 1966 Quarter Worth In 2020?
With some of the explanations above, you must be wondering how much is a 1966 quarter worth in 2020.
In Average Circulated conditions the value corresponds to a face value of 25 cents, while in certified mint state (MS+) condition, the 1966 copper quarter value can have a value of around $33 at auction.
Below, the breakdown of prices per condition for Quarter 1966 is as follows.
- Grade MS63 = $2 – $3
- MS64 grades = $3 – $5
- Grade MS65 = $6 – $10
- Grade MS66 = $9 – $15
- Grade MS67 = $14 – $23
- Grade MS68 = $60 – $100
- Grade PR66 = $11 – $18
- Grade PR67 = $21 – $35
Rumor has it that there was a 1966 quarter worth $35,000 but that has not been confirmed.
It is important to note that the price of the 1966 quarter value or any other quarter can be affected by the laws of supply and demand like others. Coins that are sold in the same auction house multiple times, will have different bid values each session.
That’s the discussion about the 1966 quarter with all its relevance, from design to value and the errors that occurred.
Learn About the Other Quarters Here:
1940 Quarter | 1964 Quarter | 1966 Quarter
1969 Quarter | 1974 Quarter | 1977 Quarter
1978 Quarter | 1979 Quarter | 1980 Quarter
1983 Quarter | 1984 Quarter | 1946 Quarter
1961 Quarter | 1968 Quarter | 1965 Quarter
1967 Quarter | 1988 Quarter | 1953 Quarter
1998 Quarter | 1970 Quarter | 1981 Quarter
1776 to 1976 Quarter