How Much is an 1943 Silver Quarter Worth? (Price Chart)

Washington quarter is one of the most iconic coins that the US Mint produced in its history. The minting started in 1932 and lasted by 1964, resulting in the crucial series for every American collector.

The 1943 Silver quarter value will depend on a few things, including the mint mark, date, and overall condition. However, you should be aware that two of three mints that struck this coin type made famous errors that can be worth a fortune. Let’s see.

1943 Washington Silver Quarter History

Designer engraver John Flanagan created both the new quarter-dollar obverse and reverse, and the first pieces were produced in 1932.

The idea was to make a one-year commemorative coin, making the Washington quarter the first circulating commemorative coin in US history.

1943 Silver Quarter

Location Year Minted Value
Philadelphia 1943 99,700,000 $7
San Francisco 1943 S 21,700,000 $12
Denver 1943 D 16,095,600 $11
Total / 137,495,600 /

After a pause in 1933 due to the depression, the US Mint continued production in 1934. The reason was the increased demand for quarters.

The most convenient option was to use the existing Washington design. In fact, it is still used today, after replacing silver pieces with copper-nickel ones in 1965.

Like all Washington quarters struck from 1932 to 1964, coins produced in 1943 contained 90% pure silver. They are worth a few bucks except for a few valuable key dates.

1943 Silver Quarter

Face value 25 cents ($0.25)
Compound 90% silver combined with 10% copper
Coin weight 0.20094 troy ounces (6.25 g)
Silver weight 0.18084 troy ounces (5.62 g)
Coin diameter 0.95669 inches (24.3 mm)
Coin thickness 0.06890 inches (1.75 mm)
Shape Round
Edge Reeded

The George Washington portrait used for the coin was based on his statue created by Jean Antoine Houdon. The President’s face is turned left with the inscription LIBERTY above his head and the date below his bust. The saying IN GOD WE TRUST is placed in front of the image.

You can see the American eagle with outspread wings on the coin reverse perching on the arrows bundle with two olive branches placed below. The UNITED STATES OF AMERICA and the Latin motto E PLURIBUS UNUM are above its head.

1943 Silver Quarter value*

Quality 1943 1943 Doubled die obverse 1943 S 1943 S Doubled die obverse 1943 D
Good $5.8 $106 $5.8 $63 $5.8
Very good $5.8 $139 $5.8 $91 $5.8
Fine $5.8 $167 $5.8 $111 $5.8
Very fine $5.8 $223 $6.4 $139 $5.8
Extra fine $6.4 $336 $7.9 $223 $7
AU $7 $546 $12 $391 $15
MS 60 $7.9 $2,224 $30 $546 $32
MS 65 $46 $6,528 $66 $3,490 $66

*by USA Coin book

Coins minted in Philadelphia don’t have any mint mark, but those produced in San Francisco and Denver have one. You can see the letter S or D between the olive branch and the denomination QUARTER DOLLAR on the coin reverse.

 

1943 Washington Silver Quarter Types

1943 Washington silver quarter

1943 Washington silver quarter
Image

The Philadelphia mint produced 99,700,000 Washington silver quarters in 1943. Their minimal value on the current market is just under $4, which is the actual silver price at the moment.

1943 Silver Quarter value*

Year Extra fine quality Uncirculated quality
1943 $7.5 $8
1943  S $9 $13
1943  D $8 $15

*by JM Bullion

1943 proof Washington silver quarter

The Philadelphia mint didn’t produce proofs in 1943.

1943 S Washington silver quarter

1943 S Washington silver quarter

21,700,000 Washington silver quarters were minted in San Francisco this particular year. They are worth at least $6 to $12 in circulated condition. However, you should pay $30 to $65 for the piece in the mint state.

1943 D Washington silver quarter

1943 D Washington silver quarter

Since the Denver mint struck 16,095,600 Washington silver quarters in 1943, they are abundant nowadays.

1943 Silver Quarter value

Year Quality
Good Fine Extra fine Uncirculated
1943 $4 $4 $4 $5
1943  D $4 $4 $5 $17
1943  S $4 $4 $5 $23

*by CoinStudy

The price of pieces spending some time in circulation is $6 to $15, but you need to set aside at least $30 for the coin in the MS 60 grade. Those graded MS 65 will be worth about $65.

 

1943 Washington Silver Quarter Rarities and Key Dates

You can find two error coins struck this year:

1943 doubled-die obverse Washington silver quarter

The precise number of these coins minted in Philadelphia is unknown. However, the PCGS considers this error type the rarest, with only 137 fully graded pieces. Most of them are worth approximately $350, but the best specimens can reach the price of $3,000 to $16,500.

1943 Silver Quarter value*

Quality 1943 1943 S 1943 D
Good $8.1 $8.1 $8.1
Very good $8.3 $8.3 $8.3
Fine $8.55 $8.55 $8.55
Very fine $8.8 $8.8 $8.8
Extra fine $9 $9.5 $9.5
Uncirculated $9.5 $28.5 $25.75
Brilliant uncirculated $42.75 $67 $57
MS 65

*by Hobbizine

You can identify this quarter by the slightly doubled date and prominent lettering doubling in the inscriptions IN GOD WE TRUST and LIBERTY. As always, specimens with a more noticeable and stronger doubling will be more expensive.

1943 S doubled-die obverse Washington silver quarter

1943 S doubled-die obverse Washington silver quarter

Even though this coin error number is unknown, the San Francisco mint produced enough pieces. They are desirable options for those who want to include one in their collections.

1943 Silver Quarter value*

Coin Quality
Good Fine Extra fine Uncirculated
1943 $3.25 to $3.5 $3.25 to $3.5 $3.5 to $3.75 $5.5+
1943 S $3.5 to $3.75 $3.75 to $4 $5 to $5.25 $17+
1943 D $3.5 to $3.75 $3.75 to $4 $5 to $5.25 $21+

*by Coinflation

You can see a doubled date and prominent doubling of the inscriptions IN GOD WE TRUST and LIBERTY on the coin obverse. The average price per piece is $250, but the best-graded and stronger doubled specimens can be worth $240 to $1,650 on the current market.

 

1943 Washington Silver Quarter Grading

1943 Washington Silver Quarter Grading

As is the case with every eight-decade old specimen, you should check the quarter’s condition first. Unfortunately, most coins were damaged over time, so these in the mint state will be costly.

Before sending your piece to a professional estimation, it is advisable to determine its condition by a few established rules.

Uncirculated – A coin in the mint state never spent a day on the open market, so it kept the luster and delicate texture like freshly struck pieces. Such naturally toned, bright silver-white quarters will be attractive to collectors since they are without any sign of wear.

1943 Silver Quarter value*

Quality 1943 1943 DDO
Good $5.7 $325 to $448
Very good $5.7 $455 to $673
Fine $5.7 $1,120 to $1,580
Very fine $5.7 $1,880 to $2,950
Extra fine $5.70 $3,120 to 4,170
AU $8.1 to $9.7 $4,380 to $6,470
MS 60 $9.4 to $11.3 $6,250 to $7,190
MS 61 $9.4 to $11.3 $6,880 to $7,910
MS 62 $9.4 to $11.3 $7,750 to $8,910
MS 63 $11.1 to $13. $9,380 to $10,800
MS 64 $14.8 to $17.8 $11,900 to $13,100
MS 65 $43.2 to $74 $13,800 to $15,900
MS 66 $81 to 108 $16,800 to $19,300
MS 67 $260 to 358 $24,000 to $30,000
MS 68 $4,690 to $5,620 /

*by Greysheet

Extra fine – After observing this coin thoroughly, you will notice only slight signs of wear over the highest design points. You should focus on the President’s cheek and eye, hair on his head top, and the curls above his ear. Since this piece was in circulation for short, experts consider it crisp and collectible.

Fine – After spending years exchanging hands, this coin has visible signs of wear, but the image is visible and inscriptions readable. You can see flattened areas on Washington’s hair, but the hairline along his forehead still exists.

1943 Silver Quarter value*

Quality 1943 S 1943 S DDO 1943 D
Good $5.7 $40.5 to $65 $5.7
Very good $5.7 $68 to $105 $5.7
Fine $5.7 $101 to $148 $5.7
Very fine $8.1 to $9.7 $150 to $226 $5.7 to $11.3
Extra fine $8.1 to $13 $208 to $284 $10.8 to $16.2
AU $13.5 to $29.2 $292 to $448 $17.5 to $29.2
MS 60 $40.5 to $48.6 $585 to $673 $31 to 37.3
MS 61 $43.2 to $52 $650 to $748 $32 to 38.5
MS 62 $45.9 to $55 $748 to $860 $37.8 to $45.4
MS 63 $48.6 to $58 $845 to $960 $46 to $55
MS 64 $51 to $62 $936 to $1,080 $50 to $60
MS 65 $55 to $74 $1,560 to $1,880 $54 to $74
MS 66 $101 to $162 $2,250 to $2,620 $74 to $89
MS 67 $552 to $650 $12,000 to $17,400 $338 to $410
MS 68 $14,400 to $18,000 / $16,200 to $18,600

*by Greysheet

Good – Since such a quarter spent years in heavy circulation, it is considered low graded. The crucial details on its surface are flattened, and the letter tops have started merging with the rim. You will probably get only the price of silver content for the coin in this condition.

 

Summary

The US Mint produced Washington quarters in a few forms from 1932 to these days. Like all coins minted before 1965, those struck in 1943 contained 90% silver. Therefore, their value is at least as the price of silver in the precious metals market or higher for collectible pieces.

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