Due to the ongoing bullion shortage, the early to mid-60s is not a great time to hoard coins. The 1967 Quarter is among the coin series minted after the Coinage Act of 1965. This greatly affected the price of the 1967 Quarter. How? Well, let’s explore that with this 1967 Quarter Value Guide.
1967 Quarter Value Summary
Below is the estimated value for the different series of the 1967 Quarter. As there is a hold on the production in both the Denver and San Francisco Mint for this year, all of the coins came from Philadelphia.
| Mint Location | Mintage | Coin Series | Estimated Value |
| Philadelphia | 1,524,031,848 | 1967 25C MS | $0.30 to $6,250.00 |
| 1967 25C SMS | $2.00 to $150.00 | ||
| 1967 25C SMS CAMEO | $20.00 to $1,900.00 | ||
| 1967 25C SMS ULTRA CAMEO | $25.00 to $3,400.00 | ||
| 1967 25C DDR FS-801 SMS | $67.00 to $200.00 | ||
| 1967 25C DDR FS-801 CAMEO SMS | $150.00 to $550.00 |
Most of the coin is separated into two categories: SMS and Regular Strike. The SMS coin produces more value at a higher base price of $2.00 in comparison to the $0.30 of the regular coin.
However, the highest estimated price for the regular strike is much higher at $6,250. In contrast, the SMS ones came at about $3,400. Lastly, the DDR FS-801 has a price of $150 to 550.
1967 Quarter History
In 1965, the US government created a law called the Coinage Act of 1965 in response to a nationwide coin shortage. This law, signed by then-President Lyndon B. Johnson, significantly changed the composition of coins.
The dime and quarter dollar no longer contained silver. These changes were due to an increased demand for silver in both currency and industry, driving up its cost.
As many hoard these coins for their bullion value, the subsequent changes are made to keep them in circulation as much as possible. However, it also affected the estimated price for the 1967 Quarter, lowering their melt value.
Another way the US Mint limits the hoarding and collection of the coins is through the lack of mintmark. As most of us know, some collection heavily relies on the mint location where a coin is produced. But with this new act, the coins released five years after 1965 do not have one.
1967 Quarter Details
- Category: Washington Quarters
- Weight: 5.67g
- Diameter: 24.3mm
- Composition: Copper-Nickel Clad Copper
- Obverse and Reverse Designer: John Flanagan
- Edge: Reeded
The 1967 Quarter belongs to the Washington Quarter series and was designed by John Flanagan on both the reverse and obverse sides.
On the front side of a quarter coin, the portrait of George Washington’s face is the centerpiece. The word “Liberty’’ is directly above that, while the mint year is at the bottom. Finally, the left side of his neckline is the phrase “In God We Trust.”
On the back of the coin, the center is an image of a bald eagle with wings spread out, an important symbol of America. Its claws hold a bundle of arrows, symbolizing the nation’s strength. Meanwhile, olive branches frame it below, representing peace and wisdom.
Along the top, you can see the words “United States of America” and the Latin phrase “E Pluribus Unum” in between the eagle’s wings. At the bottom of the design is the coin’s denomination.
1967 is one of those early years of the cupronickel blanks. The coin has a copper core with a nickel outer layer. Today, its melt value is not that much at just $0.0506.
How Much is a 1967 Quarter?
As stated above, there was only one type of regular strike in the 1967 Quarter. It came from the Philadelphia Mint at a total of 1,524,031,848.
In 1965, the United States Mint made the decision not to produce any proof or uncirculated coin sets, a practice that continued through 1967. As a result, there were no quarters from the Denver Mint issued for this year.
For a period of twelve years, from 1955 to 1967, the San Francisco Mint did not create any Washington Quarters. This mint location is primarily for proof coins, which this US Mint did not produce in 1967.
1967 P Quarter Value
The 1967 P Quarter, produced by the Philadelphia Mint, is known for its unique trait of not having a mint mark. Since its release in 1967, this particular quarter does not offer much at the base price. In good grading, a 1967 P Washington Quarter can be sold for around $0.30. It’s not that higher than the face value of the coin.
To provide a better understanding of its worth, here are some key estimated prices to note about the value of the different grades of the 1967 P Quarter:
| 1967 Regular Strike Quarter Value Chart | |
| Grading | 1967 Quarter |
| Good | $0.30 |
| Fine | $0.30 |
| Extremely Fine | $0.30 |
| AU 50 | $0.40 |
| AU 58 | $0.75 |
| MS 60 | $1.50 |
| MS 61 | $2.50 |
| MS 62 | $3.50 |
| MS 63 | $5.00 |
| MS 64 | $7.50 |
| MS 65 | $10.00 |
| MS 66 | $25.00 |
| MS 67 | $150.00 |
| MS 68 | $6,250.00 |
The 1967 Quarter does not provide much unless you have an MS-67 or MS-68 coin lying around, which can go upwards of $150 to $6,250. This fact is still connected to the way this particular series is minted.
As mentioned before, the US Mint put forth restrictions that make this coin to be primarily used in circulation. The result is that the uncirculated quarter is a lot rarer. Currently, there are only 260 coins in total that are graded.
Only 10 of that is graded as MS-68! It makes the price jump between MS-67 and MS-68 more apparent.
The most the regular strike 1967 quarter is bought is for $8,812.50. The title belongs to this 1967 MS68 Quarter sold by Heritage Auctions in January 2017.
1967 SMS Quarter Value
During the mid-1960s, the United States Mint introduced the term ‘Special Mint Set’. This shortage was partly genuine and partly planned by Congress and the Mint to ease the transition to a new type of coin made with a clad of cupronickel.
This change was replacing the previous coins, mainly composed of silver, which started in 1965. Due to concerns that people would hoard the older coins, there were efforts to smooth this transition. This includes releasing SMS coins!
This new set featured coins that were not classified as proofs but still maintained a higher quality strike than regular coins. By allocating resources to these special sets and not-proof ones, the mint was able to meet the continued demand for general circulation coins. The Special Mint Sets were available from 1965 until 1967.
For the 1967 production, the Philadelphia Mint produced 1,800,000 SMS coins.
| 1967 SMS Quarter Value Chart | |||
| Grading | 1967 SMS Quarter | 1967 SMS Quarter CA | 1967 SMS Quarter UC |
| AU 50 | $2.00 | / | / |
| AU 58 | $2.00 | / | / |
| MS 60 | $2.50 | / | / |
| MS 61 | $3.00 | / | / |
| MS 62 | $4.00 | / | / |
| MS 63 | $5.00 | / | / |
| MS 64 | $7.50 | $20.00 | / |
| MS 65 | $10.00 | $30.00 | $25.00 |
| MS 66 | $15.00 | $40.00 | $250.00 |
| MS 67 | $20.00 | $55.00 | $600.00 |
| MS 68 | $40.00 | $150.00 | $3,400.00 |
| MS 69 | $150.00 | $1,900.00 | / |
The standard SMS coin has the lowest price of $2 and can go up to $150. This estimate is a lot lower compared to the proof series. This is due to the high number of SMS coins being kept for selling and collection. Currently, there are 5,563 quarter-graded, according to the census.
The Cameo version refers to the SMS coin, which has more luster and a frosted sheen. So, it also has a higher quality and price at $20 to $1,900.
Lastly, the Deep Cameo, or the highest quality SMS coin, can go for $25 to $3,400. In comparison to the prior designations, this one poses the most strike quality and luster. Also, only 43 coins have this striking character, making it rare!
1967 SMS DDR FS-801 Quarter Value
Most SMS coin has a unique error designation known as SMS DDR FS-801. For a coin to have this strike character, it needs to have a unique Double Die Reverse and SMS strike character. This classification came from the Cherrypickers Guide to Rare Die Varieties by Bill Fivaz and J.T. Stanton.
| 1967 SMS DDR FS-801 Quarter Value Chart | ||
| Grading | 1967 SMS Quarter | 1967 SMS Quarter CA |
| MS 64 | $67.00 | / |
| MS 65 | $115.00 | $150.00 |
| MS 66 | $150.00 | $250.00 |
| MS 67 | $200.00 | $550.00 |
The SMS DDR FS-801 is a classification mostly reserved for collectible coins. It helps collectors and buyers distinguish a high-quality coin series from others.
1967 Quarter Error Coins
With its primarily long-used dies, the 1967 offers many error coins. It can range from very apparent to subtle ones, such as:
1. 1967 Quarter Clipped Planchet Error
When the coin’s blank isn’t cut perfectly during the production process, they are known as clipped planchet error coins. As a result, a piece may be missing from the edge of the coin, or it may have a flat or crescent-shaped bite taken out of it.
This particular 1967 quarter has a straight-edge clip cut into it. Being rarer than the regular curved clipped planchet, this MS-66 quarter is up on eBay for $855.
2. 1967 20% Off Center and Straight Clip Error
An off-center error coin is a unique type of coin where the design is not entirely centered on the coin’s blank. This occurs when the coin is struck slightly to one side or another during the minting process.
Interestingly, the degree of error can vary greatly, from a 1% to 99% misalignment. This 1967 coin has a 20% off-center strike. Along with that is a straight clip error, which is very apparent on the right side of this sample. It has a price tag of $749.97.
3. 1967 Missing Clad Layer Quarter Mint Error
The Missing Clad Layer error is a common occurrence in coins when one of the outer layers is missing from the copper core. This can happen due to mistakes during manufacturing, such as improper bonding of layers, inadequate force, or chemical contamination during production.
When this error happens, one or both sides of the coin will partially or fully reveal the copper core layer. In addition, these coins will also weigh less than regular coins. This specific 1967 quarter has a full missing clad, estimating its price at $499.97.
4. 1967 Quarter Partial Collar Detached Lamination Error
A partial collar error occurs when the blank is off-center on the collar die that holds its shape. As a result, a portion of the coin’s metal is forced into the die while the remaining metal extends beyond its boundaries.
This error creates a stepped appearance around some or all areas of the coin’s edge, just like with the lower part of this 1967 Quarter. This EF-40 coin has a price tag of $247.50.
FAQ: Why is my 1967 quarter red?
If you come across a quarter painted red and made before the 1990s, it’s likely known as a shill, freebie, or house coin. These coins were often used in arcades or casinos to keep track of free games.
While they are not frequently seen in circulation, spotting a red quarter as a change is still possible. However, these coins hold little value as collectibles.
In Summary
With the shortage of coins in the early to mid-60s, the US Mint made the 1967 Quarter to be primarily for circulation. This greatly affected their value, being a lot lower than the past production. However, 1967 Quarter error or uncirculated grade coins can pose more estimated price due to their rare nature.
Jenson is a professional numismatist, a dedicated coin collector, a graduate of the College of Business at Oregon State, a life member of the American Numismatic Association (ANA), and an overall coin nerd. He is the founder of Coin Value List.