The 1963 Washington quarter might look like pocket change, but some of these coins are worth far more than 25 cents. Minted during a time when quarters were still made of silver, certain rare varieties and errors from this year have caught the attention of coin collectors. With prices ranging from a few dollars to tens of thousands, you’ll want to check your coins before spending them. Here’s why some 1963 quarters are treasures in disguise.
A Silver Coin with Value
In 1963, Washington quarters were made of 90% silver, giving them a melt value of about $5.50 based on today’s silver prices. The U.S. Mint produced over 135 million quarters that year in Philadelphia and Denver, so most are common and worth only their silver content. However, specific varieties, errors, or coins in pristine condition can fetch much higher prices. Collectors prize these quarters for their history and rarity, especially since 1963 was one of the last years for silver quarters before the switch to copper-nickel in 1965.
The 1963-D Quarter: High-Grade Gems
The 1963-D quarter, minted in Denver, is one to watch for. While millions were made, those in uncirculated or near-perfect condition are rare and highly valued. A 1963-D quarter graded MS67 or higher by PCGS or NGC can sell for $2,000 to $10,000 at auction. For example, a pristine 1963-D quarter sold for $12,650 in 2020. Look for the “D” mint mark under the eagle on the back, and check for sharp details and no wear to spot a potential gem.
Rare Errors That Boost Value
Some 1963 quarters have minting errors that make them worth a fortune. One notable error is the doubled die obverse, where the date, words, or George Washington’s portrait appear doubled due to a minting mistake. These are rare but can be spotted with a magnifying glass. A 1963 doubled die quarter in good condition sold for $8,500 in 2023. Another error to look for is the “Type B” reverse, where the coin’s back was struck with a proof die, showing sharper details. These can fetch $500 or more, depending on condition.
Why Condition Matters
The value of a 1963 quarter depends heavily on its condition. Coins are graded on a scale from 1 to 70, with higher grades meaning less wear and better appearance. A circulated 1963 quarter might only be worth its silver value, but an uncirculated one, especially with a high grade like MS66 or MS67, can bring hundreds or thousands. Always handle coins carefully and consider professional grading to confirm authenticity and value, as fakes are common in the coin market.
How to Spot a Valuable 1963 Quarter
Check your quarters for these key features: a “D” mint mark for Denver coins, signs of doubling on the front, or a sharp, proof-like reverse. Use a magnifying glass to inspect details, and compare your coin to images online from trusted sources like PCGS or NGC. If you suspect you have a rare one, don’t clean it, as cleaning can lower its value. Take it to a reputable coin dealer or grading service for evaluation.
| Coin Feature | Description | Potential Value |
|---|---|---|
| 1963-D MS67 | Uncirculated, high-grade | Up to $12,650 |
| Doubled Die | Doubling on date or text | Up to $8,500 |
| Error Type | Description | Potential Value |
|---|---|---|
| Type B Reverse | Proof-like reverse | $500 or more |
| Silver Content | 90% silver | About $5.50 |
Before you spend that 1963 quarter, take a closer look. It might just be a small fortune waiting to be discovered in your pocket or coin jar.