1968 Quarter Value Explained: Mint Mark, Errors, Proofs & Collector Worth

1968 Quarter Value Explained: Mint Mark, Errors, Proofs & Collector Worth

A 1968 quarter is a Washington quarter minted as part of the standard U.S. coinage series. It was the fourth year after the U.S. Mint eliminated silver from circulating quarters. So, all regular 1968 quarters are copper-nickel clad — not silver. 

But how can you identify the coin? And how much is a 1968 quarter worth?


Feature

Details

Denomination

25 cents

Year

1968

Obverse Design

George Washington (by John Flanagan)

Reverse Design

Heraldic eagle with arrows and olive branches

Composition

75% Copper, 25% Nickel (clad over pure copper core)

Weight

5.67 grams

Diameter

24.3 mm

Thickness

1.75 mm

Edge

Reeded (119 reeds)

Mint Mark Location

Obverse, below Washington’s hair ribbon

1968 Quarter Silver Content

None (clad only)

History Behind

Just four years prior, in 1965, the U.S. Mint had removed silver from quarters and dimes in response to rising bullion prices and silver shortages. As a result, the 1968 quarter was part of the new generation of coins struck with a copper-nickel clad composition over a pure copper core.

In 1968, the Mint also finalized a design change that would impact all subsequent Washington quarters: it moved the mint mark from the reverse side of the coin to the obverse, just to the right of Washington’s ponytail. This change was part of broader efforts to standardize production and prepare for the increased role of mechanical coin sorting and vending technology. 

Additionally, 1968 was the return of proof coinage after a two-year pause during the transition to clad coinage. These proof coins were now produced exclusively at the San Francisco Mint and clearly marked with an “S”—another step in modernizing U.S. Mint practices.

1968 S Proof quarter DCAM

Mint Marks

The 1968 Washington quarter featured mint marks that were newly placed on the obverse side of the coin, just to the right of Washington’s ponytail and beneath the ribbon in his hair. 

This was the first year the mint mark location was moved from the reverse to the obverse on quarters—a change that continues to this day.

In 1968, only three mints produced quarters:

  • The 1968 quarter with no mint mark was struck in Philadelphia. 

  • Denver struck a “D” mint mark.

  • San Francisco (S) produced proof quarters only, intended for collectors. These coins were not released into circulation and can be identified by their “S” mint mark in the same location on the obverse.

1968 Quarter Value No Mint Mark Explained

The 1968 quarter without a mint mark was struck at the Philadelphia Mint, which—unlike Denver (D) and San Francisco (S)—did not use a mint mark at that time. 

1968 no mint mark quarter

There are three other possible explanations of a 1968 quarter no mint mark:

1. It’s a 1968-S Proof Coin

1968 proof quarters were struck at the San Francisco Mint. They do not circulate and carry an “S” mint mark, but if it’s missing due to wear or weak strike, it might be mistaken for having none. These coins have mirror-like surfaces and sharp details.

→ Examine the coin’s finish. If it’s highly reflective and not worn, it might be a proof with a faded or very faint “S”. If so, you need to check the 1968 S quarter value.

2. The Mint Mark Was Worn Off or Obscured

The mint mark on the 1968-D quarter is small and can wear off over time, especially in circulated coins. Dirt, scratches, or corrosion can also obscure it completely.

→ Use a 10x magnifier and examine the area just right of Washington’s ponytail. If the surface is smooth or damaged there, it’s likely the mint mark was simply erased by wear.

3. It’s a Counterfeit or Altered Coin

Rarely, people attempt to remove mint marks to create the illusion of a rare variety. A true 1968 no mint mark quarter was never struck for circulation, so if you find one in perfect condition with no trace of a mint mark, it could be tampered with—or a fake.

→ Compare with known Denver-struck coins. If you're unsure, consider authentication from PCGS or NGC.

Is a 1968 Quarter Worth Anything?

Type

Grade

Estimated Value (USD)

1968 No Mint Mark Quarter Value

Circulated (G–XF)

$0.25 – $1.00


About Uncirculated (AU)

$1.00 – $2.50


Mint State (MS60–MS63)

$3.00 – $10.00


MS64

$10.00 – $15.00


MS65

$18.00 – $30.00


MS66

$40.00 – $70.00


MS67

$150.00 – $300.00+


MS68 (rare)

$2,500.00 – $4,000.00+

1968 D Quarter Value

Circulated (G–XF)

$0.25 – $1.00


About Uncirculated (AU)

$1.00 – $2.50


Mint State (MS60–MS63)

$3.00 – $10.00


MS64

$10.00 – $15.00


MS65

$18.00 – $30.00


MS66

$40.00 – $70.00


MS67

$125.00 – $250.00+


MS68 (rare)

$600.00 – $1,200.00+

1968 S Proof Quarter Value

PR60–PR64

$1.50 – $5.00


PR65

$6.00 – $10.00


PR66–PR67

$12.00 – $18.00


PR68

$20.00 – $30.00


PR69

$35.00 – $50.00+


PR67 CAM / DCAM

$50.00 – $120.00+


Disclaimer: These values reflect retail estimates and may vary depending on market trends and certification.

1968-D quarters are common, but prices rise sharply at MS66 and above, especially for well-struck examples with full luster and no contact marks.

1968-S proof coins are collectible in high grades, especially with Cameo (CAM) or Deep Cameo (DCAM) contrast.

1968 Quarter Error List with Pictures

1. Doubled Die Obverse (DDO)

1968 DDO S quarter

It's a rather valuable 1968 quarter error. It occurs when the coin die is struck more than once out of alignment. This creates a doubling effect on the obverse elements.

You may notice doubling on letters in “LIBERTY”, “IN GOD WE TRUST”, or on the date “1968”. It may also appear as extra thickness or shadow-like images on the lettering.

Value of 1968 quarter with DDO in 2025:

  • XF: $50–$100

  • MS63: $150–$300

  • MS65+: $500–$1,000+ (if certified)

2. Off-Center Strike

1968 quarter 60% off-center

The coin is not properly aligned during striking, resulting in part of the design being off the coin’s surface.

What to look for:

  • Visible blank crescent where part of the design is missing.

  • Must include a visible date to be valuable.

Value of a 1968 quarter in 2025:

  • 5–10% off: $25–$50

  • 20–50% off: $75–$250+

  • More than 50% off-center: $300+ if well-struck

3. Missing Clad Layer

1968 quarter Missing Reverse Clad Layer AU50 ANACS

This error happens when the nickel outer layer is missing, exposing the copper core beneath. Can occur on one side or both.

One side appears dull reddish-brown like a penny. The coin may be slightly lighter in weight (~5.1g vs. 5.67g normal).

What is a 1968 quarter worth in 2025 with such an error?

  • One side missing clad: $150–$300

  • Both sides: $400–$750+

4. Clipped Planchet

1968 Washington Error Quarter Clipped Planchet New Jersey Hoard ICG Coin Signed

Part of the coin is missing due to an error in cutting the metal blanks. Can be curved or straight.

What to look for:

  • Clean “bite” out of the edge of the coin, not a jagged or damaged edge.

  • Look for “blades” or metal flow distortion near the clip.

Value in 2025: $25–$200+

5. Struck Through Grease or Debris

1968 Washington Quarter Errors Clipped Planchet & Strike Through Grease

Foreign material (like grease or wire) interferes with the striking process, flattening or distorting parts of the design.

You may see weak or missing design areas (especially date, mint mark, or eagle details). Must appear natural and not scratched or post-mint damaged.

1968 quarter coin value in 2025:

  • Minor: $10–$30

  • Major: $50–$150+

Tip for Your Collection

If you suspect you have valuable 1968 quarter errors:

  1. Use a 10x–20x loupe

  2. Weigh the coin on a precise digital scale (normal: 5.67g)

  3. Compare it with verified examples on PCGS or NGC

  4. Consider submitting rare errors for certification

You can also use Coin ID Scanner to photograph and identify your coins and their values in seconds.

1968 Quarter vs. Other Notable Quarters

Feature

1968 Quarter

1964 Quarter

1999 Delaware Quarter

2023 Bessie Coleman Quarter

Type

Regular Washington quarter (clad)

Final silver Washington quarter

First Statehood quarter (Delaware)

Part of American Women Quarters Program

Composition

75% copper, 25% nickel (clad)

90% silver, 10% copper

Copper-nickel clad

Copper-nickel clad

Mint Mark Location

Obverse, under ponytail

Reverse, below wreath

Obverse, under "IN GOD WE TRUST"

Obverse, under "IN GOD WE TRUST"

Design - Obverse

George Washington

George Washington

George Washington

George Washington

Design - Reverse

Heraldic eagle

Heraldic eagle

Caesar Rodney on horseback

Bessie Coleman and an airplane in flight

Silver Content

None = NOT a 1968 silver quarter

0.1808 troy oz

None

None

Typical Value (2025)

$0.25–$2 (circulated); up to $50+ (MS)

$5+ melt; $25–$300+ (MS)

$0.25–$1 (circulated); $5–$10 (MS)

$0.25–$2 (MS or sets only)

5-Year Collectibility Forecast

In its circulated form, the quarter is still common and unlikely to gain substantial value above face unless silver prices dramatically shift or economic instability pushes demand for pre-2000 coinage. 

However, examples in high Mint State (MS66–MS68) and all certified error varieties like those from the 1968 D quarter error list have already shown rising demand. Proofs, especially deep cameo 1968-S coins, are also experiencing upward movement, especially among modern type collectors and set builders.

Looking ahead to 2030, here’s what’s likely:

  • MS66–MS68 graded coins will remain the key targets for registry collectors. 1968 quarter price sums are projected to increase by 15–25%, especially for well-struck 1968-D coins with clean fields.

  • Rare errors (e.g., missing clad layers, DDOs) will likely see a 35–50% gain, due to shrinking supply and growing interest in major clad-era mistakes.

  • Deep Cameo proof coins graded PR68 or higher may double in value, particularly if PCGS or NGC populations stay low.

  • Check the silver price predictions for 2030 if you’re a silver coin collector. 

In summary, for collectors and investors who want to build a future-proof clad-era portfolio, this coin deserves a place.

Related Coin Value Guides