A United States quarter dollar coin minted in 1961, composed of 90% silver and 10% copper, possesses an intrinsic worth tied to the fluctuating price of its silver content. The coin’s bullion value is determined by multiplying the weight of the silver it contains by the current spot price of silver. Therefore, its worth is distinct from its face value of twenty-five cents.
The significance of these coins stems from their silver composition, setting them apart from post-1964 quarters which are clad with base metals. This precious metal content makes them attractive to investors seeking a tangible store of value, especially during times of economic uncertainty. Historically, these coins represented a stable currency backed by a valuable commodity, reflecting a different era of monetary policy.