How Much is an 1945 Silver Quarter Worth? (Price Chart)

All Washington quarters produced by 1965 contained 90%, making them popular and desirable. This unique coin has historical significance for all Americans, plus it is an excellent collectible item most coin collectors adore.

Like most other coins, the 1945 Silver quarter value depends on its condition, silver price, date of minting, and the mint mark. Since this piece is not too expensive, you should look for the best possible specimen you can find on the coin market.

 

1945 Washington Silver Quarter History

1945 Washington Silver Quarter History
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Engraver John Flanagan designed the Washington quarter minted from 1932 to these days, except in 1933. Initially, this coin was made of 90% silver, and you can follow this series by 1965. After that year, the US Mint changed the metal composition and started producing clad coins.

1945 quarter

Location Year Minted Value
Philadelphia 1945 74,372,000 $7
San Francisco 1945 S 17,004,001 $9
Denver 1945 D 12,341,600 $10
Total / 103,717,601 /

For most Americans, the Washington silver quarter was a unique and revolutionary piece at the moment of introduction. Nowadays, it has numismatic and historical significance, but it is also a worthy investment thanks to the precious metal it contains.

Since the modern version is made of copper and nickel, silver coins are highly desirable among collectors. Quarters minted in that last war year are historically valuable, but it is hard to find specimens in high grade after almost eight decades in use.

1945 quarter

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

Washington silver quarters from 1945 minted in San Francisco and Denver are significantly rarer than those produced in the Philadelphia mint. However, you still won’t have any problem finding a piece in decent condition since many coins in the mint state are available on the market.

Even the coin in the worst condition will be worth at least its silver weight. Since the current silver spot price is $23 per 1 troy ounce (31.1 g), you can quickly calculate that the silver melt value for this coin is just over $4.

No matter what coin type you want to purchase, the crucial thing is to pick out a crisp and well-struck specimen with original luster. Any of these beautiful coins will be a welcome addition to your collection and a wise investment for the future.

1945 Washington Silver Quarter Type

1945 Washington silver quarter

1945 Washington Silver Quarter History

After World War II finished, the US troops returned home and started a period of economic adjustment. The US Mint struck hundreds of millions of quarters during the war, meaning an abundant coin supply on the open market.

1945 quarter value*

Quality 1945 1945 S 1945 D
Good $5.9 $5.9 $5.9
Very good $5.9 $5.9 $5.9
Fine $5.9 $5.9 $5.9
Very fine $5.9 $5.9 $5.9
Extra fine $6.5 $6.5 $7
About uncirculated $7 $7 $11.2
MS 60 $7.9 $7.9 $18
MS 63 $43 $40 $48

*by USA Coin book

Therefore, coin output from 1945 is a bit lower than in the previous years. For instance, the Philadelphia mint produced 74,372,000 quarters, about a third lower than during the last two war years.

As you can guess, this quarter has no mint mark, and you can estimate the price to around $6 for the piece in extra fine condition. Those in the mint state will be worth a bit more.

1945 quarter value*

Year Extra fine quality Uncirculated quality
1945 $7.5 $8
1945  S $7.5 $8
1945  D $8 $10

*by JM Bullion

For example, a specimen in MS 60 can be worth almost $12. On the other hand, you can get up to $50 for the one in MS 65. Only a rare quarter in MS 68 condition is typically costly and can reach an impressive $11,200 to $12,000.

1945 proof Washington silver quarter

As in previous years, there are no proof silver Washington quarters minted in 1945.

1945 S Washington silver quarter

1945 S Washington silver quarter
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You can get about $6 to $9 for a well-preserved silver Washington quarter minted in San Francisco in 1945. However, only a high-graded specimen of totally struck 17,004,001 pieces will be worth more.

1945 quarter value

Year Quality
Good Fine Extra fine Uncirculated
1945 $3.9 $3.9 $4.1 $5.1
1945  D $3.9 $3.9 $4.3 $20
1945  S $3.9 $3.9 $3.9 $5.3

*by CoinStudy

For instance, you can get about $10 for the coin in MS 60 or about $40 for MS 65. However, the one in MS 67 will be worth almost $400.

1945 D Washington silver quarter

1945 D Washington silver quarter

Precisely 12,341,600 Washington silver quarters were minted in Denver this year. The coin in extra fine condition costs approximately $6, while the piece in MS 60 grade can reach the price of about $17.

1945 quarter value*

Coin Quality
Good Fine Extra fine Uncirculated
1945 $3.2 to $3.5 $3.2 to $3.5 $3.5 to $3.7 $5.5 +
1945 S $3.2 to $3.5 $3.2 to $3.5 $3.5 to $3.7 $5.5 +
1945 D $3.2 to $3.7 $3.7 to $4 $5 to $5.2 $12 +

*by Coinflation

Interestingly, you can sell an uncirculated coin in an MS 65 grade for less than $40, but the rare piece in MS 67 will be worth almost $600.

 

1945 Washington Silver Quarter Rarities and Key Words

1945 Washington Silver Quarter Rarities and Key Words

Since you can’t find any errors or rare coins minted this particular year, you only need to estimate your regular specimen price without any concern.

1945 quarter value*

Quality 1945 1945 S 1945 D
Very good $8.7 $8.7 $8.4
Fine $8.9 $8.9 $8.9
Very fine $9 $9 $9
Extra fine $9.1 $9.1 $9.1
AU $9.6 $9.6 $10.3
MS 63 $14 $14.5 $24.5
MS 65 $42.5 $45 $47.5

*by Washington-quarters

 

1945 Washington Silver Quarter Grading

1945 Washington Silver Quarter Grading

1945 Washington quarter is a beautiful coin, but you should always determine its grade to know its value on the current market. Since it is not too expensive, you should give your best to find an excellent specimen for your collection.

Keep in mind that only professional grading companies can give you a certificate after estimation. However, you can find out your piece condition on your own to have an idea of its value.

Uncirculated – This never touched piece looks like it comes directly from the mint. It is still in excellent condition without any sign of wear and can be naturally toned or bright silver-white.

1945 quarter value*

Quality 1945 1945 S 1945 D
Good $8.1 $8.1 $8.1
Very good $8.3 $8.3 $8.3
Fine $8.5 $8.5 $8.5
Very fine $8.8 $8.8 $8.8
Extra fine $9 $9 $9
Uncirculated $9.5 $14.3 $12.4
Brilliant uncirculated $33.2 $42.7 $38

*by Hobbizine

Extra fine – This sharply defined coin has all the details remaining with some mint luster left, preserved texture, and minimum wear on the high points.

The first signs of use appear on the President’s hair, his curls above the ear, and the eagle’s legs. The following things to check are Washington’s cheek and neckline. Besides these slight imperfections, all design elements are sharply defined.

Fine – This coin spent some time in circulation so that you can see traces of light scratching on its surface. Most of the design is still beautiful, including the date, lettering, and mottoes.

However, you can see flattened areas over Washington’s hair with the visible hairline, while only 3/4 of the eagle’s feathers are well delineated. Besides some imperfections, this piece is an excellent choice for new collectors and those on the budget.

1945 quarter value*

Quality 1945 1945 S 1945 D
Good $5.7 $5.7 $5.7
Very good $5.7 $5.7 $5.7
Fine $5.7 $5.7 $5.7
Very fine $5.7 $5.7 $5.7
Extra fine $5.7 $5.7 $5.7
AU $8.8 to $11.3 $8.8 to $11.3 $8.8 to $11.3
MS 60 $9.8 to $11.7 $9.8 to $11.7 $9.8 to $11.7
MS 61 $10.1 to $12.1 $10.1 to $12.1 $10.1 to $12.1
MS 62 $10.5 to $12.6 $11.8 to $14.2 $10.5 to $12.6
MS 63 $11.1 to $13.4 $13.5 to $18.9 $27 to $32.4
MS 64 $14.8 to $17.8 $20.2 to $27 $31 to $37.3
MS 65 $36.4 to $47.2 $33.7 to $47.2 $35.1 to $47.2
MS 66 $74 to $89 $68 to $88 $40.5 to $68
MS 67 $286 to $338 $338 to $390 $520 to $598
MS 68 $11,200 to $12,000

*by Greysheet

Good – This coin has a rough shape, flat appearance and is typically worth the silver bullion value.

The Washington portrait is in outline form, the eagle’s breast feathers are indistinct, and the lettering tops are mostly connected to the coin rim. Sometimes, you can notice heavy scratching on its surface, significant damage, and even light bending.

 

Summary

The Washington quarters are among the most appreciated US coins. Since they are dedicated to the first President and Founding Father, completing this series is an ultimate pleasure for any collector.

Your goal should be to find one of these pieces minted during the last war year in the best possible condition. Good luck searching!

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