How Much is a Silver Quarter Worth? (Price Chart)

If you are interested in American silver quarters, you know that they were minted from 1932 to 1964. Even though these coins contain 90% silver, you can only sell them as junk silver. This term implies silver coins used in the past.

Nowadays, you can get some money for their silver content instead of their actual value. However, you can find a few rare and valuable pieces, as well. Let’s see how much is a silver quarter worth on the current market.

How Much is a Silver Quarter Worth?

The ‘silver quarters’ category is a broad term so that you can find numerous coin designs made on different dates and mints. All American coins made by 1965 contain 90% silver. Nowadays, the most widely sold pieces include:

  • Washington quarter
  • Roosevelt dime
  • Walking Liberty half dollar
  • Franklin half dollar
  • 1964 Kennedy half dollar

However, most people will think about the Washington silver quarters minted from 1932 to 1964 when you mention the silver quarter. That year, the Coinage Act changed the coin compositions because the silver price had risen above the coin face value.

Silver quarters value

Year Numismatic value Mintage
1932 $4 to $400 5,404,000
1932 S $200 to $1,500 408,000
1932 D $200 to $1,500 436,800
1934 $3 to $100 31,912,052
1934 D $4 to $1,200 3,527,200
1935 $3 to $1,500 32,484,000
1935 S $3 to $900 5,660,000
1935 D $3 to $900 5,780,000
1936 $3 to $100 41,300,000
1936 S $4 to $600 3,828,000
1936 D $5 to $1,500 5,374,000
1937 $3.5 to $80 19,696,000
1937 S $4.5 to $400 1,652,000
1937 D $3.5 to $220 7,189,600
1938 $4.5 to $300 9,472,000
1938 S $4.5 to $300 2,832,000
1939 $3.5 to $60 33,540,000
1939 S $4.5 to $390 2,628,000
1939 D $3.5 to $130 7,092,000

As you have probably known, only three mints made silver quarters, including Philadelphia (without a mint mark), Denver (D), and San Francisco (S). They minted numerous coins each year, depending on the US Mint demand, which significantly affects their average numismatic value.

Silver quarters value

Year Numismatic value Mintage
1940 $3 to $60 35,704,000
1940 S $3 to $60 8,244,000
1940 D $3 to $350 2,797,600
1941 $3 to $35 79,032,000
1941 S $3 to $35 16,080,000
1941 D $3 to $35 16,714,800
1942 $3 to $35 102,096,000
1942 S $3 to $35 19,384,000
1942 D $3 to $35 17,487,200
1943 $3 to $30 99,700,000
1943 S $3 to $30 21,700,000
1943 D $3 to $30 16,095,600
1944 $3 to $30 104,956,000
1944 S $4 to $60 12,560,000
1944 D $4 to $60 14,600,800
1945 $3 to $70 74,372,000
1945 S $3.5 to $70 17,004,000
1945 D $3.5 to $70 12,341,600
1946 $3.5 to $50 53,436,000
1946 S $4.5 to $130 4,204,000
1946 D $4 to $130 9,072,800
1947 $3 to $30 22,556,000
1947 S $3 to $125 5,532,000
1947 D $3 to $30 15,388,000
1948 $3 to $30 35,196,000
1948 S $3 to $30 15,960,000
1948 D $3 to $30 16,766,800
1949 $3 to $30 9,312,000
1949 D $3 to $30 10,068,400

Silver Quarters’ Price Calculation

You should always check for your coin’s condition and demand for a particular piece on the market before selling it. Since the quarters’ price primarily depends on the bullion value of the silver that each coin contains, you can calculate it on your own. You will need three facts to do that:

  • Coin composition
  • Coin’s actual weight
  • The current silver price

Silver quarters value

Year Numismatic value Mintage
1950 $3 to $30 24,920,126
1950 S $3 to $30 10,284,004
1950 D $3 to $30 21,075,600
1951 $3 to $30 43,448,102
1951 S $3 to $30 9,048,000
1951 D $3 to $30 35,354,800
1952 $3 to $30 38,780,093
1952 S $3 to $30 13,707,800
1952 D $3 to $30 49,795,200
1953 $3 to $30 18,536,120
1953 S $3 to $30 14,016,000
1953 D $3 to $30 56,112,400
1954 $3 to $30 54,412,203
1954 S $3 to $30 11,834,722
1954 D $3 to $30 42,305,500
1955 $3 to $30 18,180,181
1955 D $5 to $250 3,182,400
1956 $3 to $30 44,144,000
1956 D $3 to $30 32,334,500
1957 $3 to $30 46,532,000
1957 D $3 to $30 77,924,160
1958 $3.5 to $100 6,360,000
1958 D $3 to $30 78,124,900
1959 $3 to $30 24,384,000
1959 D $3 to $30 62,054,232

The procedure includes:

First, you need to calculate the actual coin’s weight from grams to troy ounces. Since one troy ounce equals 31.1035 g, you need to divide 6.25 g (actual coin weight) by 31.1035.

6.25 g /  31.1035 g = 0.201 troy ounces

The result is the coin’s actual weight in troy ounces.

The next step is to multiply that result by the percent fineness (90%) to get the pure silver’s net weight.

0.201 coin’s actual weight in troy ounces x .90 = 0.1809 pure silver’s actual weight in troy ounces

In the end, you should multiply the result you have got by the current silver spot price. You need to check that value since it varies daily. Let’s use $26.1 per troy ounce, the silver price on July 7th, 2021.

0.1809 pure silver’s actual weight in troy ounces x $26.1 = 4.72 pure silver value in your quarter

Keep in mind that coin dealers use the rounded silver value when selling quarters at melt value. However, most silver quarters worth more, and their price depends on:

  • Mintmark variety
  • Grading condition
  • Minting date
  • Special qualities

Silver quarters value

Year Numismatic value Mintage
1960 $3 to $30 29,164,000
1960 D $3 to $30 63,000,324
1961 $3 to $30 37,036,000
1961 D $3 to $30 83,656,928
1962 $3 to $30 36,156,000
1962 D $3 to $30 127,554,756
1963 $3 to $30 74,316,000
1963 D $3 to $30 135,288,184
1964 $3 to $30 560,390,585
1964 D $3 to $30 704,135,528

What Determine the Silver Quarter Value

Date and mintmark

Washington quarters were introduced in 1932 in honor of his bicentennial birth. It has George Washington on the obverse and an eagle on the reverse. They were minted in three mints, including:

  • Philadelphia mint – It is the leading US mint. Except for the 1933 year without minting quarters, it struck 1.8 bullion silver Washington quarters in total.
  • San Francisco mint – It started the initial Washington quarter minting and produced only 408,000 coins in 1932.
  • Denver mint – Except for 1933, when there was no quarter minting, this mint only missed 1938. Only 436,800 produced coins in 1932 make this year its lowest mintage one.

Grading condition

The Washington quarter preservation state and its condition have a significant impact on its value. The possible coin condition can be:

  • Mint state
  • Extremely fine grade
  • Fine grade
  • Good grade

Upper-grade quarters are the most valuable, but sometimes even rare coins in heavily worn condition are collectible and can bring you some money.

Special qualities

Transitional (error) coins

As I have already mentioned, the silver quarters were minted by 1964. Even though all 1965 coins should have contained only nickel and copper, mints still made a few silver ones.

These mixed-up errors are considered rare and are worth more than $4,000. However, one silver quarter from 1965 reached $7,050 at an auction.

The most common errors that will make your quarter more valuable include:

  • Double tail – It is a quarter with two reversed sides. There are only three discovered until now, so you can guess that they worth tens of thousands of dollars.
  • Double die obverse – Doubled letters ‘In God, we trust’ and ‘liberty’ means that you can get $450 to $1100 for your quarter.
  • Double-struck – Double- or multi-struck quarter will worth $400.
  • Off-center – Inadequately centered quarter with the circular shape deformation worth a couple of hundred dollars. Interestingly, the coin will worth more when the percentage of off-center is higher.
  • Double die reverse – Twice struck ‘quarter dollar’ on one coin increase its value to $25 to $175.

Rare silver quarters

Year Type Mint state Fine Good
1901 S Barber quarter $35,500 $17,500 $5,500
1913 S Barber quarter $11,000 $4,750 $1,750
1916 Standing Liberty quarter $15,000 $7,000 $3,600
1918/7 S Standing Liberty quarter $20,000 $4,000 $1,900
1923 S Standing Liberty quarter $3,000 $700 $390
1932 S Washington quarter $585 $250 $210
1932 D Washington quarter $1,600 $260 $190
1934 Washington quarter doubled-die obverse $950 $135 $60
1937 Washington quarter doubled-die obverse $2,650 $325 $130

Bicentennial quarters

Quarters minted between 1776 and 1976 are not particularly worthy. You can commonly sell such a coin in the mint state for $5 and $10. Keep in mind that not all of them contain silver. Those made at the San Francisco mint include only 40% silver (0.739 troy ounces).

Besides the mentioned silver quarters, you can also find a few made during the 20th century. Since 1992, the US Mint occasionally made new proof silver quarters for collectors.

Professional Coin Grading Service estimates their value to only $5 to $8 per piece. The only exception is the 1999-S silver proof 50 state quarter. You can get approximately $40 to $50 for this coin.

Summary

Most silver coins minted between 1932 and 1964 worth only a few bucks as much as the silver they are made of worth. However, a few rare and unique quarters can bring a few thousand dollars to you if you are lucky to have such uniqueness.

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