'Coveted' 1965 Washington quarter error sells
- Published: Nov 11, 2014, 11 PM
Stack’s Bowers Galleries’ Oct. 30 Rarities Night auction held during the Whitman Baltimore Expo was led by the 1853 Collection, but also included a variety of other numismatic items with fascinating stories.
Here is one of three coins from the auction we're profiling in this week's Market Analysis.
1965 Washington quarter dollar, wrong planchet error, About Uncirculated 53
The period between 1964 and 1965 was a busy time at the U.S. Mint as it transitioned away from 90 percent silver dimes, quarter dollars and half dollars, moving the first two to a copper-nickel clad composition and the half dollar to a silver-copper clad composition (40 percent silver). As a result, a few 1965 coins struck on planchets intended for the pre-1965 90 percent silver issues are known. These are coveted by collectors. The error type is also sometimes called a “wrong metal” error.
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This 1965 Washington quarter dollar is struck on a 90 percent silver planchet and graded About Uncirculated 53 by Professional Coin Grading Service. The lot description notes, “Brilliant silver surfaces with a bit of light wear from a short time in circulation prior to it being noticed as something special and saved.” A different example, graded Extremely Fine 45, brought $5,462.50 at a September 2010 Heritage auction.
Washington quarter: The Washington quarter dollar, which has been circulating since 1932, was born out of the Treasury Department's desire to produce a coin to mark the bicentennial of the birth of the first president of the United States. How much are Washington quarters worth?
Possibly the most noteworthy examples of wrong metal/planchet errors are with the 1943 Lincoln cents struck on copper alloy planchets rather than the zinc-plated steel planchets that were used that year.
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