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The first question to ask is whether the quarter is really silver or just looks like it.

Like all quarters minted since 1965, circulating 2001 US quarters (those with a P or D mint mark) were struck in copper-nickel, not silver. Sometimes you'll find one that's been plated for use in jewelry or a set of "collectibles" but anything with either of those 2 mint marks is only worth a quarter.

If it has an "S" mint mark, that means it's a proof coin made in San Francisco. Again, most of these were made in copper-nickel but they're worth anywhere from $2 to $10 each because they're specially struck for collectors and have highly polished, almost mirror-like surfaces.

It's also possible that a 2001-S quarter is one of a smaller number of "Prestige" proof coins that were struck in the old 90% silver alloy used for all quarters up to 1964. It would have to be in its holder indicating that it's a Prestige Proof; if so, as of 01/2011 it could retail for anywhere from $6 to $20 depending on its quality.

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Q: What is the value of a 2001 silver US quarter?
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