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How to Collect Washington Quarters

A Guide to Collecting Washington Quarters

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An example of a silver Washington quarter obverse

An example of a silver Washington quarter obverse

Image Courtesy of: Heritage Auction Galleries, Ha.com
An example of a 1976 Bicentennial Washington quarter obverse

An example of a 1976 Bicentennial Washington quarter obverse

Image Courtesy of: Heritage Auction Galleries, Ha.com
An example of a 1976 Bicentennial Washington quarter reverse

An example of a 1976 Bicentennial Washington quarter reverse

Image Courtesy of: Heritage Auction Galleries, Ha.com

History of the Washington Quarter

The Washington quarter dollar replaced the Standing Liberty quarter in 1932. Since the Standing Liberty quarter had not been issued for 25 years or more, it required an act of Congress to approve the new design. The work was originally commissioned to celebrate the 200th anniversary of the birth of George Washington. John Flanagan, a sculptor from New York, submitted a design that was chosen from nearly 100 models that were submitted in a contest. Production was limited in 1932 because of the Great Depression and no coins were produced in 1933.

The obverse is based on a sculpture of Washington by Jean-Antoine Houdon. Washington faces left with the word LIBERTY above. The date is along the bottom and the motto IN GOD WE TRUST on two lines to the left of Washington. The reverse depicts an eagle holding a bundle of arrows with two olive branches. UNITED STATES OF AMERICA appears above with the motto E PLURIBUS UNUM. The denomination QUARTER DOLLAR appears at the bottom. The coin was produced from 1932 until 1998 when it was replaced with the 50 State Quarters Program in 1999. Originally, the coin was made of 90% silver until 1965 when the composition was changed to a copper – nickel clad composition.

In celebration of the 200th anniversary (Bicentennial) of the signing of The Declaration of Independence, a special design was created for the reverse of the coin. The date on the obverse changed to 1776-1976 to indicate this special occasion. Production of this special issue began in 1975 and continued through 1976. Hence no 1975 dated quarters were produced.

Collecting Washington Quarters

Assembling a complete set of Washington quarters by date and mintmark requires a total of 147 coins. There are 83 silver Washington quarters (1932-1964) and 64 clad Washington quarters (1965-1998) required. Since almost all silver Washington quarters have been removed from circulation, these will have to be purchased through a coin dealer or online. Although there are no extreme rarities, there are a few coins that carry a premium price.

The beginning collector should start by assembling a set of circulated Washington clad quarters beginning with the 1965 issue. Most of these can be collected directly from circulation or from a coin dealer if you desire uncirculated specimens. All dates and mint marks are amply available at a minimal cost. The only exceptions are the 1982 and 1983 coins since the mint did not issue any collector uncirculated sets in those years.

The intermediate collector will assemble a collection of circulated coins beginning with the 1932 issues. The key dates for a circulated collection are the 1932-D and the 1932-S. These will cost you almost $200 because of their low mintage. The other dates are available at a reasonable price or at a small premium above their silver content value.

The advanced collector will strive to assemble a complete collection of uncirculated examples beginning with the 1932 coins. However, there are number of coins that are quite expensive in uncirculated grades. These include: 1932-D, 1932-S, 1934-D, 1935-D, 1935-S, 1936-D, 1936-S, 1937-D, 1937-S and 1940-D.

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Keys to Collecting

You'll find that coin dealers have an ample supply of both circulated and uncirculated coins. However, the uncirculated coins listed above may require some searching across several dealers or online to find the date and grade that you are looking for at the price you are willing to pay. Finding clad uncirculated examples that have relatively few bag marks should not be a problem. Look for a good strike and nice eye appeal when selecting specimens for your collection.

The intermediate and advanced collector will endeavor to find coins that are well struck and have minimal bag marks on them. You can tell if a coin is well struck by looking at the reverse side and inspecting the feathers on the eagle's breast. Additionally, look at the high points on the coins design for indication of wear.

Advanced collectors may also want to add proof issues to their Washington quarter collection. Proof coins were struck beginning in 1936 and continuing through 1942 when production ended because of World War II. Production resumed in 1950 and continued through 1964. Because of the coin shortage in 1965, production of proof coins was suspended again. In order to appease collectors, special mint strike coins were produced for Special Mint Sets that were issued from 1965 until 1967. Proof production resumed in 1968 and continued through the end of the series in 1998.

Washington Quarter Key Dates, Rarities and Varieties

Being produced for more than 67 years the Mint has had ample opportunity for several key dates and varieties to be made. Knowing the Washington quarter key dates, rarities and varieties will help you realize that small differences on coin can mean large differences in its value. The following coins carry a premium value:

  • 1932-D (Denver Mint)
  • 1932-S (San Francisco Mint)
  • 1934 Doubled Die Obverse (DDO)
  • 1937 Doubled Die Obverse
  • 1942-D Doubled Die Obverse
  • 1943 Doubled Die Obverse
  • 1943-S Doubled Die Obverse
  • 1950-D D/S (D Over S Repunched Mintmark)
  • 1950-S S/D (S Over D Repunched Mintmark)
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Values and Grading

Many factors go into determining the price and value of a coin. As a coin collector, you must develop your coin grading skills in order to determine an accurate value of your coins. The following guides will help you learn these skills.

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