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Coins can, and do, circulate for hundreds of years. Up until decimalization in 1971, it was common to receive 100 year old Victorian pennies in British change. The reason why we don't see older US quarters in circulation is because dates prior to 1965 are 90% silver and worth about $6 in melt value. Because of this, no one who has a silver quarter is going to spend it on 25 cents worth of goods when it can be used to purchase $6 in goods. If it wasn't for the collector market for wheat pennies and Indian Head pennies (and the fact that cents prior to 1982 contain 2 cents worth of copper in them) we'd see them in our change once in a while, and you still do see 70 year old wheat pennies in your change if you look hard enough! So the answer is, theoretically for hundreds of years, practically it is until they change the composition or design of the quarter and the quarter becomes worth more as a collector piece or melted down than its face value.

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Q: How long does a US quarter stay in circulation?
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