The 1966 Washington Quarter may seem like an ordinary coin, but it has a special place in American coin history. Despite its large mintage, some coins from this year are highly sought after due to their rarity,
condition, and unique errors. In this article, we’ll look at why the 1966 Washington Quarter is valuable, the errors that make some coins stand out, and how to determine its worth.
What Makes the 1966 Washington Quarter Special?
In 1966, the U.S. Mint produced millions of quarters to address the demand for coins. Unlike earlier quarters, which were made of 90% silver, the 1966 Washington Quarter was composed of copper-nickel.
This change marked a turning point in U.S. coinage history, as silver was being phased out of everyday coins. The coin was minted at the Philadelphia Mint, and more than 821 million quarters were produced in that year.
Mintage and Circulation
Though over 821 million quarters were minted in 1966, many are still in circulation today. Some of these coins, especially those in “almost uncirculated” condition, are found by collectors.
However, compared to the 1.8 billion quarters minted in 1965, the production numbers for the 1966 quarter are relatively smaller.
1966 Washington Quarter Value Analysis
The value of a 1966 Washington Quarter depends largely on its condition or grade. Coin collectors use a system called the Mint State (MS) grading scale, which ranges from MS-60 to MS-70.
Higher grades indicate coins in better condition, free of major imperfections. Here is a general breakdown of values based on grade:
- MS-60 to MS-62: $0.25 (face value)
- MS-63: $8
- MS-64: $10
- MS-65: $16
- MS-66: $30
- MS-67: $285 (very rare)
What Is a Mint State Coin?
Mint State (MS) coins are graded based on their preservation and overall appearance. Coins in lower MS grades,
like MS-60 to MS-62, may have noticeable marks and scratches, while higher-grade coins like MS-66 or MS-67 are rare, with minimal imperfections.
Notable Errors and Rare Finds
While the standard design of the 1966 Washington Quarter isn’t unique, errors and unusual features can make specific coins more valuable. Here are some errors collectors look for:
- Die Cracks: Imperfections caused by worn-out dies, which can create visible cracks on the coin’s surface.
- Off-Center Strikes: When a coin is not properly aligned during minting, resulting in an off-center strike.
- Double Dies: A rare error where the coin design is struck more than once, leading to a doubled image.
Auction Records and Rarity
The rarest 1966 Washington Quarters are those in high Mint State grades, especially MS-67. These coins have fetched auction prices up to $285. The combination of rarity and pristine condition makes these coins highly desirable among collectors.
The 1966 Washington Quarter represents a unique period in U.S. coinage, as it was part of the transition away from silver coins. Though millions were produced, certain coins with high grades or notable errors can be valuable.
Whether you’re an investor or a collector, understanding the features that add value to the 1966 quarter can help you appreciate its place in American numismatic history.
What metal is the 1966 Washington Quarter made of?
The 1966 quarter is made of a copper-nickel clad composition, not silver.
How can I tell the grade of my 1966 Washington Quarter?
Coins are graded on a scale from MS-60 to MS-70, with higher numbers indicating better condition and fewer imperfections.
What are common errors to look for in the 1966 Washington Quarter?
Look for die cracks, off-center strikes, and double die errors, as these can increase the coin’s value.
Why are some 1966 quarters worth more than others?
Coins in better condition (higher grades) or with rare errors can be worth more than face value.
Can I still find 1966 Washington Quarters in circulation?
Yes, though they are less common, some 1966 quarters are still in circulation today.
