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1964 25c Special Mint Set SMS

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1964 25c Special Mint Set SMS

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Greysheet Catalog Details (GSID: 5910)

The 1964 Twenty five cents is part of a series of Washington quarter coins struck from 1932-1964. The specific variety is Special Mint Set. Struck in Philadelphia and designated as a Business (SMS) strike, this coin is made of 90% silver; 10% copper from a mintage of Unknown struck.
While the United States Mint was busy producing business-strike coins for commerce needs and proof coins for collectors in 1964, apparently a couple dozen or so SMS Washington quarters were also struck. But why were SMS coins made in 1964' It's a question that hasn't been ever definitively answered. What we in the numismatic community know is that several turned up in the estate of former United States Mint Director Eva B. Adams, who passed away in 1991.

Perhaps the 1964 SMS coins were made as prototype strikes for the SMS coinage that was struck for collectors from 1965 through 1967. Perhaps the 1964 SMS Washington quarters were made in conjunction with the 1964-D Peace dollars that were struck but never authorized for release, and all of which were reportedly melted. Or, perhaps, there is another reason why the 1964 SMS Washington quarters were struck but has yet to be elucidated.

All 1964 SMS Washington quarters are extremely scarce and valuable. Their squared-off rims, well struck details, and clean fields differentiate them from their business-strike counterparts. In recent years, prices for the 1964 SMS Washington quarters have easily crossed the five-figure threshold.
Obverse: Houdin's portrait of Washington, facing left, as imagined by John Flanagan. LIBERTY at the top periphery and the date centered at the bottom with the motto IN GOD WE TRUST left of Washington's neck.
Reverse: Large eagle with wings fully extended, clutching a bundle of arrows with the words UNITED STATES OF AMERICA at the top periphery; QUARTER DOLLAR at the bottom. An olive leaf is positioned between the eagle and the denomination.

Catalog Details    Dealers Only

Catalog Detail

GSID: 5910
Coin Date: 1964
Denomination: 25c / Twenty five cents
Designation: SMS
Mint Mark: P
Mint Location: Philadelphia
Mintage: Unknown
Coinage Type: Washington quarter
Coinage Years: 1932-1964
Composition: 90% silver; 10% copper
Variety: Special Mint Set
Strike Type: Special Mint Set
Diameter: 24.3 mm
Fineness: 0.9
Weight: 6.25 gr
Weight: 0.1808 oz
Coin Shape: Round
Designer: John Flanagan
Obverse Lettering: LIBERTY, IN GOD WE TRUST,1964
Obverse Designer: John Flanagan
Reverse Lettering: UNITED STATES OF AMERICA, E PLURIBUS UNUM, QUARTER DOLLAR
Reverse Designer: John Flanagan
PCGS #: 5974
NGC ID: 27J8
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