The composition of United States quarters minted in 1964 and earlier consisted primarily of silver and copper. This metallic makeup contrasts significantly with subsequent coinage, which transitioned to a clad composition. The presence of a substantial quantity of the precious metal in these older coins has made them attractive for their intrinsic value, distinct from their face value as currency.
The value of these coins is tied directly to fluctuations in the silver market. This feature provides a tangible asset that can appreciate during periods of economic uncertainty. The historical significance of these coins lies in their representation of an era when circulating currency contained precious metals, a practice that has largely been discontinued in modern coinage. This has fostered interest among collectors and investors alike.