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COLECCIONISTAS DE MONEDAS

1965 Washington Quarter Value Guide: Some 1965 Quarters Are Worth More Than Face Value (Up To $19,200!)

Updated 29 Nov, 2021 •reading-time 6-8'
1965 valuable quarters

This article looks back into the history of quarters and reveals their most valuable quarters from 1965 to today, and will show you which coin is worth the most, how much it’s actually worth, and a brief overview of its history.

1965 Washington Quarters Value Chart

How much is a 1965 quarter worth in 2021? Coleccionistasdemonedas.com Estimated Value of 1965 Washington Quarters is:

 
1965 SMS
MS68+
$ 1,181
MS68 CAMEO
$ 1,125
MS68
$ 31-63
MS67+
$ 36
MS67 CAMEO
$ 60-132
MS67
$ 7-14
MS66 CAMEO
$ 29
MS66
$ 6-12
MS65 CAMEO
$ 22-26
MS65
$ 10

For lower grades, prices in 2021 range between $715 and $955 for a MS67+ and $200 for a MS67.

Therefore, it is worth reading the following article to learn about the errors or variants of the 1965 Washington quarter that are most valuable and in demand in today’s market, due to their scarcity or peculiarity.

Washington’s last quarter coinage in 90% silver took place in 1964. From that date onwards its composition became a copper and nickel core.

In this post, we are going to focus on the first year of the Washington quarter’s cupronickel coinage that took place in 1965. In spite of the high number of pieces minted – more than 1.8 billion – it is not very common to find the Washington quarter without signs of having been circulated.

Washington quarter dollar 1965 back
Source: PCGS

Since the material the coins are made of has no value – due to the absence of silver – you should look for the highest graduations and the best preservations for the Washington 25 cents whenever possible.

The 3 Most Valuable Quarters from 1965 until Today

The price range for post-1965 quarters spans from a high of $19,200 to the $9,200 of the fifth position. In this ranking you can see the hammer prices achieved by this type of coins according to Heritage Auctions.

Valuable Quarters after 1965
Year
Mint
Variety
Grade
Hammer Price
Date
#1
1976
S
Silver
MS69
06/07/2019
#2
1974
S
Deep Cameo
PR70
08/01/2019
#3
1982
P
 
MS68
06/07/2019
#4
1968
P
 
MS68
23/09/2013
#5
1974
S
Deep Cameo
PR70
07/09/2010
List of valuable quarter after year 1965 (Source Ha.com)

Why are 1965 quarters valuable?

A 1965 Washington quarter in a very high graduation like MS68 reached a value of $1,300 in 2020. So high is its scarcity at this graduation, PCGS has no specimens registered in this quality and NGC only 9 specimens. In case you want to know the prices of other years just click on Quarters worth money – Auction records.

In 2021 we have seen several quarter Washington 1965 SMS copies being slightly below the 1965 Washington quarter. In quality MS68+, it has reached $1,180 ($1,125 in MS68 CAMEO), from $31 to $63 we have found it in MS68 quality, from $60 to $132 for MS67 CAMEO, $36 for a MS67.

Characteristics of a 1965 quarter dollar

Here is a summary of the characteristics of the Washington quarter that you should know:

  • Print run: 1,819,717,540
  • Mint: Philadelphia (no mint mark)
  • Designer-Trainer: John Flanagan
  • Diameter: 24.3 mm
  • Weight: 5.67 grams
  • Composition: 75% copper and 25% nickel
  • Reason: Commemoration of the bicentennial of the birth of the first President of the United States
  • Period of circulation: 1932-1998

Due to the time and resources needed for the production of proof series, in 1964 these ceased. However, in 1965 they began to mint coins of superior quality.

Washington quarter dollar 1965 SMS obverse
Source: PCGS

The 1965 Washington quarter SMS (Special Mint Set) was produced at the San Francisco Mint, although the mint mark does not appear, with the same characteristics as the Philadelphia mint. A total of 2,360,000 SMS units were minted.

Washington quarter dollar 1965 SMS back
Source: PCGS

Are there any rare 1965 quarters? Keep on reading our list (include 1965 quarter errors).

#1 Off-center Coining Washington Quarter 1965

A common error in these two currencies (1965 and 1965 SMS) that makes their price rise above the average, is known as off-center minting.

Washington quarter dollar 1965 off-center obverse
Source: NGC

This error occurs in the manufacturing process when the die is not fixed in the correct position before the coinage, producing the printing of the wedges outside the established limits.

For this reason, the design of the obverse and reverse are displaced from the center of the coin. This offset can be from 1% to 99%.

Washington quarter dollar 1965 off -center-back
Source: NGC

The demand and value of these pieces lie in the percentage of the off-center they present (the higher the off-center, the higher their value) and in the data that can be seen in the resulting coin.
In the following table, we reflect the prices of pieces that have appeared in auctions in 2020. You can see that they do not appear very often in international auctions although they are not so difficult to find on the Internet, although at a higher price.

Washington Quarter 1965 Off-center value chart 

10% off
1965
1965 SMS
MS65
$85
$126
MS64
 
 
MS63
$89
$312
MS62
$51
 

In case of 35% off center the reference price for a MS64 grade is $95.

#2 Silver Washington Quarter 1965 

1965 silver quarter value
Source: coleccionistasdemonedas.com

As we said before, the 90% silver-bonded Washington quarters were discontinued in 1964. However, during the year 1965, silver Washington quarters dated 1964 and cupronickel quarters dated 1965 were minted simultaneously.

That year, 1965, was minted in large quantities and presumably, this error was caused by using a certain consignment of silver coin planks dated 1964 for the year 1965.

Apparently, the silver 1965 Washington quarter is the same as those made of cupronickel, being easily confused.

How can we detect this error so sought-after and valued by collectors and investors?

There is only one way to prove it – by its weight. The 1965 Washington silver quarter weighs a little more than 6 grams, while the 1965 Washington cupronickel quarter, as we saw at the beginning of the article, weighs 5.67 grams.

This is a very difficult error to find since there are a lot of copies on the Internet. In fact, during 2020, we have not seen any pieces at auction in any international auction house.


1965 silver Washington quarters that appeared in auctions in years before 2020 have been auctioned for between $7,200 and $8,500 depending on their gradings.

#3 Double Coin on the Front (DDO) or on the Back (DDR) 1965 Washington Quarter

Washington quarter dollar 1965 DDO
Source: coleccionistasdemonedas.com

This is another type of 1965 Washington quarter originated by a mistake in the minting of the obverse. It is not easy to detect it with the naked eye either, which is why you may want to pay attention to the phrase “IN GOD WE TRUST” and the word “LIBERTY” on the front. These are the areas where this double minting is best appreciated. It is also common to see these double mints on the nose and mouth of Washington on some 1965 quarters.

Washington quarter dollar 1965 DDO II
Source: coleccionistasdemonedas.com

The valuation of a 1965 Washington 25-cents with double coinage on the front ranges from $360 to $2,300.

There is another variant similar to the previous one, but in this case the double minting is produced on the reverse side and is better appreciated in some letters of the “QUARTER DOLLAR” value.

Washington quarter dollar 1965 DDR
Source: coleccionistasdemonedas.com

Reviewing the market for these two variants, the error on the back is less valuable than the double coinage on the front, as it is not such a sought-after piece by collectors. Its price is anywhere between $25 and $175.

#4 1965 Washington Quarter coined in dies of different modules

expensive quarters 1965 5C planchet

The year 1965 was also a transition year for other American currency modules such as the ‘dime’. For this reason large quantities were minted, and different coin dies were used during 1965 for different modules and dates.
Thus, there are pieces of 25 cent Washington coins from 1965 that were minted on dimes (10 cents), 5 cents or 1 cent coin dies. Here are some examples:

valuable-1965-quarters-1C-planche

They are easy to detect visually since part of the coin is somewhat trimmed as it cannot accommodate the smaller die dimensions of a 25 cent, and even for the value of 1 cent which is a different material composition.

They are also detectable with a coin-weighing scale, as in the case of the 1965 silver-minted quarter. For example, this is because the 5 cents die weighs just 5 grams and the 25 cents coin weighs 5.67 grams.

This year, 2020, a 1965 Washington quarter coin minted on a 1 cent MS64 grade die has been seen in auctions, reaching a value of $552. Also, a 10 cent silver dime coin on MS64 grade die, whose price was $1,440.

#5 Double Tail 1965 Washington Quarter

Only 3 copies of this rare and unexplained error are known, consisting of the same minting of the reverse side on both sides of the coin. Two of those three copies were sold long ago for $80,000 and $41,000.


Since the back does not show the date, it is not known exactly if the error belongs to this year, but numismatic experts consider that the date of minting was between 1965 and 1967.

Do you want to know more about 1967 quarters? Click here to find out all about the value of the 1967 quarter.


As a warning, we will say that there are many counterfeits of this error, created by cutting Washington quarter coins in half and then gluing the two backs together. To avoid being cheated, we have to look at the edge of the coin and its exact weight.

#6 Double or Multi-Counterfeit 1965 Washington Quarter

The error comes from the fact that the coin could not be expelled after the printing of the obverse and reverse, and received another minting blow. Its price is over $400.

It is also normal in this error for a certain rotation of the obverse and reverse of the same coin. Since they cannot be expelled, they frequently remain turned before the second or following mintings.

This makes it difficult to check their authenticity in photos, and a visual check of the piece with this error is absolutely necessary.

#7 “Broad Struck” and “Struck Through” 1965 Washington Quarter

To conclude, here are some examples of other types of errors or known variants of these 1965 Washington 25-cents called “Broad struck” and “Struck Through“.

Washington quarter dollar 1965 broad struck
Source: coleccionistasdemonedas.com

In one of them the ring that holds the coin in the coinage did not work properly and the coin is minted as if it were expanded, so its legends look longer and flatter than normal.

Washington quarter dollar 1965 Struck Through
Source: Coinweek.com

In the “Struck Through” variant, some kind of impurity (staple, clip, etc…) got between the die and some of the wedges at the moment of the coinage, leaving an imperfection in the coin.

Washington quarter dollar 1965 Struck Through II
Source: NGC.com


They are not as sought after as the variants we have seen previously in the article, but if you come across any of them, you will multiply the value of your quarter.

Final key points to finding the most valuable quarters after 1965

 

In light of this article, our recommendation is to establish a series of routines when reviewing every 1965 Washington quarter that falls into your hands, in case it has more value than you first thought:

  • Look for 1965 quarters in high quality.
  • Look carefully at each coin, even if it is in circulation, on the obverse (In God We Trust and Liberty) and on the reverse (Quarter Dollar) in case there is any double minting.
  • Be aware of any imperfections or mismatches on the rim and the edge of the coin.
  • Review both sides of the coin for any scratches or imperfections in the field.
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