The 1960 quarter coin is a significant part of U.S. coin history. If you’re a coin collector or just curious about its value, this blog will provide details about its worth, error types, and more. Whether it’s a 1960 quarter with a “D” mint mark or a no mint mark coin, understanding these details can help you determine its market value.
Understanding the 1960 Quarter Coin Value
The 1960 quarter is part of the Washington quarter series, which was first released in 1932. This coin features George Washington’s portrait on the obverse and an eagle on the reverse. However, its value can vary greatly based on several factors like mint marks, errors, and its overall condition.
Mint Marks on the 1960 Quarter Coin
The mint mark on a coin indicates where it was produced. For the 1960 quarter, you will commonly find two types of mint marks:
- “D” Mint Mark: Coins minted in Denver.
- No Mint Mark: Coins minted in Philadelphia.
The presence of a “D” mint mark typically increases the value of the coin, as it represents a higher production volume compared to Philadelphia quarters. On the other hand, the no mint mark coins are more scarce and may fetch a higher price depending on their condition.
Key Factors Affecting 1960 Quarter Coin Value
The value of a 1960 quarter can be impacted by multiple factors:
- Condition: Coins in uncirculated or higher-grade conditions are worth more than worn-out ones.
- Rarity: Certain variations of the 1960 quarter, especially those with errors, are rarer and more valuable.
- Mint Mark: As mentioned, the presence or absence of a mint mark can affect its value.
- Error Coins: Special errors can significantly boost a coin’s worth, making them sought after by collectors.
Common Errors Found on 1960 Quarters
The 1960 quarter has a few errors that make them stand out in the collecting world. If you happen to find one of these error coins, you might have a valuable piece in your collection. Here are some common errors:
1. Double Die Obverse Error
This error happens when the die strikes the coin twice, creating a noticeable doubling effect on the date or lettering. Double die obverse errors are rare and can greatly increase the value of a 1960 quarter, especially in higher grades.
2. Off-Center Strike Error
Sometimes, the coin doesn’t line up properly with the press, causing an off-center strike. These off-center coins often feature parts of the design missing or misaligned, and they can be quite valuable, depending on the severity of the error.
3. Clipped Planchet Error
A clipped planchet occurs when a piece of the coin blank is missing due to a manufacturing error. This type of error is more rare and highly valued by collectors.
4. Die Cracks and Cuds
Die cracks occur when cracks form on the die used to strike the coins. Cuds, which are raised areas of metal, also form as a result of die damage. These errors are usually not as valuable as double die or off-center errors, but they still have a market in the coin-collecting world.
1960 Quarter Coin Value Chart
Here’s a breakdown of typical 1960 quarter values based on mint marks and condition:
| Condition | 1960 Quarter (No Mint Mark) | 1960 Quarter (“D” Mint Mark) |
|---|---|---|
| Good (G-4) | $3 – $4 | $2 – $3 |
| Very Fine (VF-20) | $5 – $7 | $4 – $6 |
| Extremely Fine (EF-40) | $8 – $10 | $6 – $9 |
| Uncirculated (MS-60) | $12 – $15 | $10 – $12 |
| Gem Uncirculated (MS-65) | $25 – $30 | $20 – $25 |
Note: Values may vary depending on market conditions and specific collector demand.
How to Identify Valuable 1960 Quarter Errors
Recognizing errors on your 1960 quarter can be tricky, but it’s crucial if you want to determine its value accurately. Here’s how you can spot some common errors:
- Look closely at the date: Double die errors usually show noticeable doubling of the year.
- Examine the edge of the coin: Off-center strikes will have parts of the coin design cut off.
- Inspect for cracks or raised areas: Look for die cracks or cuds, especially near the rim.
Using a magnifying glass or jeweler’s loupe can help you identify these minute details.
The Importance of Preservation for 1960 Quarters
To preserve the value of your 1960 quarter, proper storage is key. Here are some tips:
- Use coin holders or capsules: These protect the coin from damage and dirt.
- Avoid cleaning the coin: Cleaning can scratch the surface, which reduces the coin’s value.
- Store in a cool, dry place: Humidity and extreme temperatures can cause corrosion and affect the coin’s condition.
FAQs
1. What is the value of a 1960 quarter with a “D” mint mark?
The value of a 1960 quarter with a “D” mint mark depends on its condition but typically ranges from $2 to $30.
2. Is a 1960 quarter without a mint mark worth more?
Generally, quarters without a mint mark are less common and may be worth a bit more than their “D” mint mark counterparts.
3. What is the most valuable 1960 quarter error?
The most valuable error is the double die obverse, where the date or lettering is doubled.
4. How can I tell if my 1960 quarter has an error?
Look for doubled letters or numbers, off-center strikes, or unusual raised areas like die cracks and cuds.
5. Can a 1960 quarter ever be worth more than $30?
Yes, in exceptional cases with rare errors or mint conditions, a 1960 quarter could be worth even more to collectors.