Washington Quarter Values and Prices (1932-1964)

How Much Is My Silver Washington Quarter Worth?

Washington Quarter. Image Courtesy of: Heritage Auction Galleries, Ha.com

This guide will give you an idea of how much your Washington quarters minted between 1932 and 1964 (90% silver) are worth.  Use the table below to find average coin prices and values based upon the condition of your coin. 

History of the Washington Quarter

The Washington quarter was actually the United States' first circulating commemorative coin. It began in 1931 when the Treasury Department decided that it should honor the bicentennial of George Washington's birth on a half dollar.

Terms of the contest for the new design specified that the portrait of George Washington on the obverse should be based on the statue of George Washington by Jean Antoine Houdon. In March of 1931, Congress intervened and decided that Washington should be featured on the U.S. quarter dollar.

Designer engraver John Flanagan designed the obverse and the reverse for the new quarter dollar. The first quarters rolled off the coining presses in 1932. This was supposed to be a one-year circulating commemorative coin. Due to the depression throughout the United States, no quarters were minted in 1933. When demand for quarters resumed in 1934 the mint just continue to use the Washington design for the quarter dollar that is still used today.

Market Analysis

Washington quarters minted between 1932 and 1964 contain 90% pure silver. Well circulated coins that are very well worn are sometimes worth only the silver they are made with.

However there are a few date and mint mark combinations that coin collectors are willing to pay a premium for.

Key Dates, Rarities and Varieties

The following Washington quarters in any condition, are worth considerable more than common Washington Quarter.  As such, these coins are frequently counterfeit or altered from common Washington quarters.

  Therefore, before you start celebrating your new found fortune, have the coin authenticated by a reputable coin dealer or third party grading service.

  • 1932-D
  • 1932-S
  • 1950-D  D over S RPM
  • 1950-S  S over D RPM

Condition or Grade Examples

If your coin is worn and looks similar to the one illustrated in the link below, it is considered a circulated coin.

  • Photo of a Circulated Silver Washington Quarter

If your coin looks similar to the one illustrated in the link below and has no evidence of wear due to being in circulation, it is considered an uncirculated coin.

  • Photo of an Uncirculated Silver Washington Quarter

Learn More:

Mint Marks

Washington Quarters were produced at three different mints: Philadelphia (no mint mark), Denver (D) and San Francisco (S).  The mint mark is located on the reverse of the coin, below the wreath and above the "R" in QUARTER.

  • Photo of the Silver Washington Quarter Mint Mark Location

Washington Quarters Average Prices and Values

The following table lists the buy price (what you can expect to pay to a dealer to purchase the coin) and sell value (what you can expect a dealer to pay you if you sell the coin). The first column lists the date and mint mark (see the photo link above) followed by the buy price and the sell value for an average circulated Washington Quarter.

  The next two columns list the buy price and the sell value for an average uncirculated. These are approximate retail prices and wholesale values. The actual offer you receive from an individual coin dealer will vary depending on the actual grade of the coin and a number of other factors that determine its worth.

Date & MintCirculated Uncirculated
BuySell BuySell
1932$8.70$4.10 $39.00$29.00
1932-D *$80.00$40.00 $1,200.00$900.00
1932-S *$80.00$40.00 $590.00$410.00
1934$8.00$4.20 $28.00$20.00
1934 Light Motto$8.50$4.30 $80.00$60.00
1934-D$8.30$4.30 $250.00$190.00
1935$8.80$4.30 $26.00$17.00
1935-D$8.50$4.40 $240.00$160.00
1935-S$8.20$4.00 $100.00$70.00
1936$8.30$4.20 $27.00$19.00
1936-D$9.00$4.30 $670.00$450.00
1936-S$8.50$4.40 $110.00$80.00
1937$8.00$3.90 $27.00$18.00
1937-D$8.60$4.20 $67.00$44.00
1937-S$8.40$4.00 $170.00$130.00
1938$8.40$4.10 $90.00$60.00
1938-S$9.10$4.30 $100.00$70.00
1939$8.00$4.20 $20.00$13.00
1939-D$8.20$4.00 $44.00$32.00
1939-S$8.30$3.90 $100.00$70.00
1940$6.50$3.30 $22.00$16.00
1940-D$8.30$4.20 $130.00$90.00
1940-S$6.70$3.30 $26.00$18.00
1941$7.20$3.50 $13.00$8.70
1941-D$7.10$3.60 $40.00$29.00
1941-S$6.90$3.60 $31.00$21.00
Date & MintCirculated Uncirculated
BuySell BuySell
1942$7.00$3.50 $10.70$7.70
1942-D$7.20$3.60 $18.00$12.00
1942-S$7.10$3.60 $70.00$48.00
1943$7.20$3.50 $11.60$8.20
1943-D$6.80$3.30 $24.00$17.00
1943-S$7.10$3.50 $21.00$14.00
1944$7.00$3.40 $10.50$7.40
1944-D$7.20$3.60 $16.00$11.00
1944-S$6.70$3.40 $12.00$8.50
1945$6.90$3.40 $10.70$7.60
1945-D$6.50$3.40 $17.00$11.00
1945-S$6.90$3.30 $10.90$7.30
1946$6.80$3.40 $10.40$7.10
1946-D$6.80$3.50 $11.30$7.70
1946-S$6.60$3.30 $11.40$7.70
1947$7.10$3.60 $11.40$8.30
1947-D$7.20$3.70 $11.30$8.20
1947-S$6.80$3.40 $11.10$7.90
1948$6.80$3.40 $10.50$7.20
1948-D$7.20$3.50 $11.40$7.60
1948-S$7.10$3.40 $10.70$7.10
1949$6.90$3.50 $19.00$13.00
1949-D$7.10$3.40 $14.70$9.70
Date & MintCirculated Uncirculated
BuySell BuySell
1950$6.60$3.50 $10.60$7.10
1950-D$7.00$3.70 $10.70$7.10
1950-D D over S *$35.00$17.00 $440.00$300.00
1950-S$6.90$3.30 $10.70$7.20
1950-S S over D *$38.00$20.00 $400.00$280.00
1951$4.00B.V. $8.50$6.10
1951-D$4.00B.V. $8.50$6.00
1951-S$4.00B.V. $15.00$11.00
1952$4.00B.V. $9.30$6.60
1952-D$4.00B.V. $8.80$6.30
1952-S$4.00B.V. $10.10$6.70
1953$4.00B.V. $8.80$5.90
1953-D$4.00B.V. $9.40$6.70
1953-S$4.00B.V. $9.90$7.20
1954$4.00B.V. $9.50$6.50
1954-D$4.00B.V. $9.30$6.50
1954-S$4.00B.V. $9.30$6.60
1955$4.00B.V. $9.50$7.00
1955-D$4.00B.V. $9.40$6.80
1956$4.00B.V. $7.90$5.70
1956-D$4.00B.V. $8.60$6.10
1957$4.00B.V. $8.30$5.50
1957-D$4.00B.V. $8.80$6.50
Date & MintCirculated Uncirculated
BuySell BuySell
1958$4.00B.V. $8.50$5.90
1958-D$4.00B.V. $9.00$6.60
1959$4.00B.V. $7.90$5.30
1959-D$4.00B.V. $8.50$6.10
1960$4.00B.V. $8.10$5.70
1960-D$4.00B.V. $8.50$5.90
1961$4.00B.V. $7.90$5.60
1961-D$4.00B.V. $8.90$6.40
1962$4.00B.V. $8.80$5.90
1962-D$4.00B.V. $8.30$5.60
1963$4.00B.V. $7.90$5.80
1963-D$4.00B.V. $8.20$6.00
1964$4.00B.V. $8.20$5.70
1964-D$4.00B.V. $8.70$6.00
Date-Mint Set

Total Coins: 83
$650.00$350.00 $5,000.00$3,500.00
Date Set

Total Coins: 32
$190.00$100.00 $525.00$350.00

B.V. = Bullion Value
* = See the section above "Key Dates, Rarities and Varieties" for more information on these coins.

Bullion Value Calculation for 1964 Quarters and Earlier

Since the value of 1964 quarters and earlier can be largely determined by the bullion value of the silver contained in the quarter, you may want to calculate the bullion value yourself. Using the following facts we can calculate the bullion value of a silver quarter:

Calculation Steps

  1. Convert the Actual Weight from grams to troy ounces.
    There are 31.1035 grams in one troy ounce. Therefore, divide the actual weight of the coin by 31.1035 to give you the actual weight in troy ounces.
    6.25 /  31.1035 = 0.201 (Actual Weight in troy ounces)
  2. Multiply the Actual Weight in troy ounces by the percent fineness as a decimal to give you the net weight of pure silver.
    0.201 x .90 = 0.1809 ASW (troy ounces of pure silver)
  3. Multiply the troy ounces of pure silver in a quarter by the current spot price of silver. I am using $18.25 per troy ounce for this example.
    0.1809 x $18.25 = $3.35 worth of pure silver in each quarter


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