Coin Series Spotlight: Silver Washington Quarter

Silver Washington Quarter
by: Ben Tseytlin - on Coins & Currency

The Silver Washington Quarters are American coins which were produced in honor of the first president George Washington and were struck from 1932 until 1964. The ones which were struck during the early years carry a premium value even when in circulated condition. Some of the most sought after include the 1932-D and 1932-S. Below are some additional details regarding these silver coins.

An Overview of The Silver Washington Quarter

These coins utilize a one-two design structure that, along with their high silver content, gives them excellent collection value. Their condition and manner in which they’ve been preserved is also important. A coin which is well worn will not carry the same value as one that is in uncirculated condition. To get an idea of what a Silver Washington Quarter is worth, you will need to know how to grade them.

For this particular coin you will want to pay close attention to the rim. The most valued coins are those which display a complete rim along with some detail in the hair of George Washington. These are two factors which separate “good” coins from those that are classified as “fine.” A good quality quarter should be exceptional in detail with only minor signs of wear with mint luster. These coins may be considered “about uncirculated” and as such can carry a very high collection value.

Those who have Silver Washington Quarters should use these basic criteria to separate the best within their collection, and these should then be taken to a grader to be professionally evaluated. The two best services for this are NGC and PCGS. They will evaluate your coin and then give it a grade, which will cost a small fee but can pay dividends in the long term as it makes them easier to value. Coins which have been professionally graded will often be sealed in a special plastic case which has either the PCGS or NGC logo present.

The Silver Washington Quarter Mintmark

The mintmark is one of the most important areas of these coins, as it tells you where the coin was manufactured and can influence its value. The mintmarks that appear on the Silver Washington Quarters are easy to find. For instance, those struck at the Mint of Denver will have a miniature “D” located on the reverse side just beneath the wreath, while those struck at the San Francisco Mint will have the letter “S” shown in the same location. It must be emphasized that Silver Washington Quarters struck at the Philadelphia Mint do not have a mintmark on the first releases.

The majority of these coins are closely tied to the bullion value of silver, but because of their advancing age they are becoming a real collector’s item. As such their value is advancing beyond the spot price of silver and will likely continue to do so. When you consider the fact that millions have been melt down for their silver this has further restricted the supply.