The value of a 1965 United States quarter, a coin produced during a period of transition in U.S. coinage, is primarily based on its face value of $0.25. These quarters, unlike those produced before 1965, are not composed of silver; instead, they are made of a copper-nickel clad composition. Due to this, its intrinsic metal content does not contribute significantly to its worth.
The importance of understanding the composition change in 1965 stems from its impact on the coin’s collectibility. Prior to 1965, circulating quarters contained 90% silver, making them a valuable source of precious metal. The changeover to a base metal composition greatly reduced their value in terms of melt value. However, specific examples with errors, varieties, or exceptionally high grades may command a premium among numismatists. Certain historical factors, such as minting numbers, and the state of economic conditions also add context.