The value of a collection of pre-1965 United States quarters, specifically when packaged as a standard unit for trade, derives primarily from its composition. These coins, minted before 1965, contain 90% silver. This intrinsic metal content dictates the bulk of the collection’s financial worth, rather than its face value as legal tender. The actual worth fluctuates based on the current market price of silver, coupled with any numismatic premium attributable to the condition or rarity of the individual coins.
The inherent silver content provides a hedge against inflation and economic uncertainty, making them a tangible asset. Their historical significance as a circulating form of currency during a period of distinct economic policy also contributes to their collectibility. Furthermore, due to the finite quantity produced and their gradual removal from circulation, they represent a shrinking pool of resources, potentially increasing their value over time. This contrasts with more modern coinage which lacks precious metal content and relies solely on face value.