Silver U.S. Quarters for 2013

Lewisville, Texas – Most Americans believe that the U.S. Mint stopped minting silver quarters after 1964.  However, they would only be partially correct.  While not minted for circulation, silver quarters are still being minted each year by the United States Mint at San Francisco.  All of the silver quarters minted are “proof” strikes.  Proof strikes are minted using carefully prepared blanks and special high-pressure coin presses.  The fields (flat areas) on proof coins are polished mirror bright, while the devices (portraits and other design elements) have a frosted finish.  These special processes result in the beautiful cameo (or “deep cameo”) appearance found on proof coins. 

 

The number of silver quarters is tiny when compared to the cupronickel clad quarters minted for circulation.  Using 2011 as an example, the Denver and Philadelphia United States Mint locations together minted approximately 348 million coins for each of the five America the Beautiful Quarter designs issued that year.  At the same time, the San Francisco Mint location minted only 626 thousand silver quarters for each design.  The three factors of silver content, proof strike, and the small number minted result in strong collector and investor demand for silver quarters, and premium pricing.

 

The San Francisco Mint location also mints proof strikes of cupronickel clad quarters.  These are also beautiful and highly collectible coins.  However, the difference in appearance of clad and silver quarters is dramatic.  When compared side by side, the silver proofs are obviously brighter, whiter, and more breathtakingly beautiful than clad proofs.

 

Collectors will want examples of both clad and silver proofs in their collection.  Investors, however, gravitate toward the silver proofs.  The San Francisco Mint location minted approximately 1 million clad proof quarters for each of the five 2011 designs, still a very small number when compared to circulation strikes (also known as, “business” strikes).  The value of the highest quality silver proofs may surprise you.  Those graded PR70DCAM by PCGS (the largest and most respected third party authentication, grading and certification service in the world) may command prices from $50 to $100 each, even for very recent issues. (PR70DCAM is the highest possible grade for any proof coin.  It stands for, Proof 70 Deep Cameo.  Coins are uniformly graded on a scale from 1 to 70.)

 

OK Ranch offers silver proof quarters both “raw” (ungraded) and PCGS graded & certified.  Visit Coins Jewelry & More at www.coinsjewelrymore.com or OK Ranch on ebay at www.okranchcoins.com to see the hundreds of silver proofs offered by OK Ranch Land and Cattle Company.  Or contact OK Ranch by email to shop@coinsjewelrymore.com for more information.