United States quarters minted in 1964 and earlier comprise 90% silver. These cash are sometimes wanted attributable to their valuable steel content material, distinguishing them from later points composed primarily of copper and nickel. As an illustration, 1 / 4 dated 1964 would possess this silver composition, whereas one from 1965 wouldn’t.
The importance of those earlier quarters lies of their intrinsic steel worth, which fluctuates with silver costs. This makes them engaging to collectors and traders alike. The historic context is necessary as a result of the change to base steel coinage mirrored rising silver costs and the necessity to preserve the dear steel for different makes use of. This shift marks a transparent demarcation in US coinage historical past.