Condition is important to how much these old silver quarters are worth. Grading Washington quarters is presented in the video. Subtle differences in condition are highlighted bringing you closer to an accurate value.
Silver Washington quarters are in demand by two groups. Collectors that search for nice high condition pieces to add to collections and secondly, investors seeking the coins for their silver content. To a collector; dates, mintmarks and condition are important. To an investor these do not matter and the coins trade as bullion silver only.
Grading the condition of these coins is important when separating the collector quality from the bullion quality. Grading images and descriptions found below is your hard copy transcript of the grading Washington quarters video.
Mint State Washington quarters are eagerly collected and a valuable coin. Recognizing this grade is important. Details to consider in your judgement include mint luster and faint signs of wear. To confirm any of your coins are uncirculated slowly rotate it under a single light source. Luster must remain complete covering the entire surface.
Notice the mint luster is missing and the coin is now a soft grey tone. Small patches of flatness are beginning the show. The overall condition and appearance of the quarter is still sharp. Many dates are sought by collectors in the extremely fine grade and carry premiums above silver value.
Wear is clearly seen on a Washington quarter in the fine grade. A somewhat "faded" appearance is the impression these quarters display.
Despite heavy wear these quarters display all major details. Washington's portrait is bold with jaw line separated from neck. Eagle is still prominent with some center feathers separated and detailed.
Accurate judgement of the condition of your coins is important to accurate value. One tendency to guard against is "optimistic" grading; the natural tendency to over grade in your favor. Use a conservative approach when grading. Ask: Is this the grade I would assign if buying the coin?
Dates and Grades With Future Potential
Many Washington quarters within the silver years of 1932-1964 have the potential to gain in collector value and rise above silver bullion value. Focusing only on condition and grade for the moment, the Extremely Fine grade has good potential to gain collector interest. Lightly worn coins are pleasing in appearance with nice detailing. Dates and mints in the early years have begun to command premiums. Here listed are latter dates of interest starting to separate above silver value alone.
1940-1945 All dates and mints
1949 and 1949-D
Silver price alone may drive the value of heavily worn Washington quarters. Considering future interests of collectors, lightly worn examples are best left out of the silver bullion group.
Handle these future collectables gently by the edges to avoid adding contact marks to the surface.
Video index of how to grade coins, videos, close-up images and descriptions of other coin series are found here. Grading the condition of your old coins is important to discovering accurate value.
After the grading process visit the listing of Washington Quarters values. All silver Washington quarters (those dated 1964 and earlier) are worth a premium. Currently 6/18/2018 each is $3.11 .
Today the demand for these obsolete silver coins is strong. Many old series are surprisingly valuable. Visit the index and discover the value of all your old coins.