$2.97 is the minimum 1948 quarter value. It is the underlining silver price moving your coin to this level.
There is a chance it is even higher. Let's check for mint marks and most importantly the condition of your quarter. First the mint marks.
Three different minting facilities, Philadelphia, Denver and San Francisco, produced Washington quarters in 1948. The two most valuable in the higher grades are the Denver and San Francisco coins. The "D" or "S" mintmark, indicating the specific mint, is found on the reverse.
Next are your coins in collectible condition? 1948 quarters are avidly sought by collectors and premiums are paid by dealers, when found in "Uncirculated" condition. The picture to the side is an example of a very desirable uncirculated quarter.
Images of different stages of wear are found below, check if your 1948 quarter is worth a high price.
"1948-D" on the coin value chart is a Washington quarter minted in 1948 at the Denver Mint.
|1948 Quarter Value|
|Condition of Coin|
|1948 Quarter Value Updated||12/11/2017|
The adjacent image is of the reverse, indicating the mintmark location. Judging condition and "Grade" is covered next.
The condition images are lined up to show the different stages of wear on a Washington quarter. The descriptions define the "Grade" and highlight the subtle details to consider.
Hopefully this reveals a higher grade and your 1948 quarter value is well above the minimum.
Uncirculated: Untouched since being minted and no wear on its surfaces, a quarter in this condition is avidly sought by collectors and dealers. Admittedly few survive this nice.
Extremely Fine: This quarter exhibits slight evidence of circulation, but was put away before to much wear accrued. Examine the hair and you notice the details are gone. Also the roundness of Washington's neck and cheeks has smoothed out somewhat.
Fine: Still a respectable coin despite moderate wear. The hair and curls now show only major details. The neck and chin are worn to the point of merging. However the rim and date are clearly separated.
Good: All the important details show but very flattened by wear. The tops of the letters have begun to merge into the rim. A 1948 quarter in this condition is worth the underlying silver bullion value.
Washington Quarters Value
Check your coins with the values chart. The 1948 quarter value is tied closely to the price of silver. However, a few rare dates and mint marks stand out, if found in high condition. Compare your coins to the grading images and separate then by condition. Follow your coin's value on the silver charts, and check for rare dates and mint marks.
More Quarter Values
Including more relating to your 1948 quarter value. Easily find how much your old coins are worth.
From Bust Quarters to Seated Liberty, Barber, Standing Liberty and Washington quarters. All series include Grading Images to judge the condition of your coins and coin value charts.
Grading Washington Quarters
How to Video | Close-Up Images | Descriptions
Do you have other coin denominations?
Coin Values Discovery... finds the 1948 quarter value and...
All old US coin values. It is an excellent index with images and text links to all coin series, from Cents to Gold. Essential grading images alongside coin value charts uncover how much your box of old coins is worth.
Selling your coins is always a challenge. However you have taken big steps towards understanding what is involved to accurately determine value and getting your best deal from a coin buyer.
This understanding of how to value old coins yourself helps greatly when dealing with any future buyers of your coins.
Look through your box of old coins, discover any treasure hiding inside. Research them, not only on this site, but others. Coin dealer listings and Rare Coin Auctions are full of descriptions pointing to what gives coins such high value. Now you can decide if and when to sell your coins.