First thing is, if the quarters are all dated 1964 or before they are 90% silver. The average buying price of 90% silver coins is 17 times face value as of 2-14-11. So 500 X 17 = $8,500.00. Some buyers pay more, and some less, it depends on the spot price of silver at the time of sale.
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If they're silver quarters, about $4000. If ordinary quarters, just $100.
First of all, silver U.S. quarters dated 1964 and earlier are 90% silver, not pure. As far as 1964, it's an extremely common date, currently worth about $4 for the silver content.
256 quarters are worth 64 dollars.
The coin has no silver value. 1965 Washington quarters contain no silver, 1964 was the last year for 90% silver coins to be issued for general circulation.
46 quarters = $11.50