The 1966 Washington Quarter is an important part of American coin history. Even though many of these coins were made, some are very valuable to collectors and investors. In this article, we will look at the 1966 Washington Quarter, its value, notable mistakes, and rare finds, as well as trends in the market.
Overview of the 1966 Washington Quarter
In 1966, the U.S. Mint was working hard to make enough coins because many people wanted them. The previous year, 1965, had a coin shortage because people were keeping silver coins.
As a result, the quarters made in 1966 were no longer made from 90% silver but from a mix of copper and nickel. This was a big change in U.S. coins. The 1966 Washington Quarter, minted only at the Philadelphia Mint, marks a significant shift in coin production.
Mintage and Circulation
In 1966, a total of 821,101,500 Washington Quarters were minted. While this number seems very large, it is still less than the 1.8 billion quarters made in 1965. Even with so many made,
some 1966 quarters are still in circulation today and can sometimes be found in “almost uncirculated” condition. This means they have been used but are still in good shape.
Value Analysis of the 1966 Washington Quarter
The value of a 1966 Washington Quarter depends on its condition. Coins are graded from MS-60 to MS-70, with higher grades meaning the coin is in better condition. Here’s how the prices break down based on grade:
| Grade | Price |
|---|---|
| MS-60 | $0.25 |
| MS-61 | $0.25 |
| MS-62 | $0.25 |
| MS-63 | $8 |
| MS-64 | $10 |
| MS-65 | $16 |
| MS-66 | $30 |
| MS-67 | $285 |
Mint State Ratings Explained
- MS-60 to MS-62: Coins in these grades show clear signs of wear and tear. They are usually worth face value.
- MS-63: These coins have fewer scratches but still have some visible marks.
- MS-64: These coins have minimal imperfections that you can barely see.
- MS-65: These coins are well-struck, with sharp details and few flaws.
- MS-66: These are high-quality coins with great detail and no visible flaws.
- MS-67: Very rare coins in pristine condition that have almost no imperfections.
Notable Errors and Rarities
Even though the 1966 Washington Quarter has a standard design, some errors and rare features can make them more valuable:
- Die Cracks: Some coins have die cracks, which are flaws from problems with the minting process. These can increase a coin’s value.
- Off-Center Strikes: If a coin is not lined up correctly when it is pressed, it can be struck off-center, making it more desirable to collectors.
- Double Dies: Double die errors happen when the design is struck twice, making these coins unique and highly sought after.
- High-Grade Examples: Coins graded MS-67 are rare and can sell for much higher prices due to their quality.
Auction Records and Finest Known Examples
The most valuable 1966 Washington Quarters are those in the highest grades. Auction records show that the finest-known MS-67 examples have sold for up to $285. This reflects their exceptional quality and rarity.
The 1966 Washington Quarter, despite its large production, is of great interest to collectors because of these rare features and high-grade examples.
Whether you’re a collector or an investor, knowing what makes the 1966 Washington Quarter valuable can help you appreciate its place in American numismatic history. From its large production numbers to rare finds and grading systems,
understanding this coin can make your journey into coin collecting even more exciting. Keep an eye out for unique features and high-grade coins, as they can enhance your collection significantly!
What is the 1966 Washington Quarter made of?
The 1966 Washington Quarter is made from a mix of copper and nickel, not silver.
Why is the 1966 Washington Quarter valuable?
Its value comes from its condition, rarity, and unique errors that can occur during minting.
How can I tell the grade of my 1966 Washington Quarter?
Coins are graded from MS-60 to MS-70 based on their condition. Higher grades mean better quality.
What kind of errors should I look for in the 1966 Washington Quarter?
Look for die cracks, off-center strikes, and double die errors, as these can increase value.
Where can I sell my 1966 Washington Quarter?
You can sell your coin at coin shops, online auctions, or to collectors directly.
