1937 US Quarter Value: What You Need to Know

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Detailed image of stacked silver US quarter coins showing engraved design.
Credit: pexels.com, Detailed image of stacked silver US quarter coins showing engraved design.

The 1937 US quarter is a relatively rare coin, with a mintage of only 50 million.

The value of a 1937 US quarter largely depends on its condition and rarity.

If your 1937 quarter is in good condition, you can expect to get around $5 to $10 for it.

However, if your coin is in mint condition or has some unique characteristics, its value can increase significantly.

Grading and Valuation

The value of a 1937 US quarter is largely determined by its condition, which is assessed based on the level of wear, luster, and the quality of the strike.

In order to determine the value of your 1937 quarter, you need to know its grade. The grading scale ranges from "Basal State" (1) to "Mint State" (MS-70). Here's a quick breakdown of common grades:

  • Basal State (1): Heavily worn, barely recognizable
  • Good (4-6): Major details visible with heavy wear
  • Fine (12-15): Moderate wear with significant details intact
  • Extremely Fine (40): Light wear on the highest points, sharp details
  • Mint State (60-70): No wear, with brilliant luster and sharp details

The higher the grade, the more valuable the coin will be.

Grading

Grading is essential for determining the value of a 1937 Washington Quarter. The coin's condition is assessed based on the level of wear, luster, and the quality of the strike.

Credit: youtube.com, How To GRADE Coins Yourself To Determine VALUE [Coin Condition 101]

The grading scale ranges from "Basal State" (1) to "Mint State" (MS-70), with "Basal State" being heavily worn and barely recognizable.

To give you a better idea, here's a breakdown of common grades:

The higher the grade, the more valuable the coin will be.

Conditional

A coin's condition can greatly impact its value, and a 1937 quarter is no exception. In "Uncirculated" condition, a quarter is worth more to collectors and dealers.

Inspect your 1937 quarter carefully, as few survive in this nice state. Handle each coin with care to avoid damaging it further.

Wear can start to show on a quarter in "Extremely Fine" condition, particularly on the cheek, hair, and curls. The detail of the hair may begin to merge.

Flattened areas of wear can cover Washington's hair and curls, making a quarter appear worn in "Fine" condition. The hair line along the forehead may still be visible.

In "Good" condition, the portrait of Washington is smooth from circulation, but all essential details remain.

Washington Quarters

Credit: youtube.com, RARE Double Die Quarters Worth Money!! 1937 Washington Quarter Values

The 1937 Washington Quarter is a great addition to any coin collection. It's relatively easy to find in most circulated and uncirculated grades.

The total mintage of the 1937 Washington Quarter was 19,696,000. This is a significant number, making it relatively common compared to other coins.

The obverse of the 1937 Washington Quarter depicts a portrait of America's first President, George Washington. The reverse has a large image of the bald eagle with its wings spread, standing on a bundle of arrows and an olive branch.

If you're looking to price out the 1937 Washington Quarter, there are a few factors to consider. The scarcity and condition of the coin will play into the price you pay.

Here's a breakdown of the pricing for the 1937 Washington Quarter based on its condition and type:

The value of a 1937 Washington Quarter can range from $8.50 to $190, depending on the mint mark, condition, and rarity of the coin.

Mint Marks

Credit: youtube.com, 1937 Quarter Coin History & Value - Coin Value Checker

The 1937 US quarter has two distinct mint marks: the D and S marks, which represent the Denver and San Francisco mints, respectively. The Denver mint produced 7,189,600 quarters, while the San Francisco mint produced just over 1 million.

Coins from the Denver mint, like the 1937-D Quarter, have a striking bust of George Washington on their obverse side. The San Francisco mint, on the other hand, produced a coin that's a testament to American craftsmanship.

The 1937-S Quarter is a reasonably rare coin, especially when compared to the Denver mint's production. However, some uncommon varieties, like those with complete strike details or in high grades, can bring in significant profits from collectors.

No Mint Mark

The No Mint Mark quarter is a unique and highly sought-after coin. It was struck at the Philadelphia Mint, with a total mintage of 19,696,000 coins.

This coin is special because it doesn't have a mint mark, which reveals that it was produced in Philadelphia. The Philadelphia Mint has been in continuous operation since 1792.

Round Silver-colored Liberty Coin
Credit: pexels.com, Round Silver-colored Liberty Coin

The No Mint Mark quarter has a beautiful design, featuring George Washington's profile on the reverse side. An eagle with its wings spread wide and holding an olive branch and arrows in its talons is also on the coin.

The coin's condition greatly affects its value. Poorly kept coins might only be worth a few dollars, while well-preserved ones can sell for thousands of dollars at auction.

In comparison to other 1937 quarters, the No Mint Mark quarter was made in far smaller quantities, with a total of 19,696,000 coins.

D Mint Mark

The D Mint Mark is one of the most recognizable and valuable mint marks out there, and for good reason. It's a representation of patriotism and pride, with the striking bust of George Washington on its obverse side.

The 1937-D quarter, which bears this mint mark, was minted at a difficult time economically, as the US was still struggling to recover from the Great Depression. This coin is made up of 90% silver and 10% copper, and weighs 6.25 grams.

Some uncommon varieties of the 1937-D quarter can be very valuable to collectors, especially those in high grades or with complete strike features. The most expensive 1937-D Quarter ever sold was a PCGS MS-67+ Complete Bands specimen that went for $7,931 in January 2013 at a Heritage Auction.

S Mint Mark

Pile of American coins with a focus on a quarter, symbolizing currency and wealth.
Credit: pexels.com, Pile of American coins with a focus on a quarter, symbolizing currency and wealth.

The San Francisco Mint Mark, or S Mint Mark, is a significant indicator of a coin's value and history.

The S Mint Mark was first used in 1873 at the San Francisco Mint, which was founded during the California Gold Rush in 1854.

A rare 1937 S Mint Mark Quarter, made in the San Francisco Mint, can be worth hundreds or even thousands of dollars to collectors.

Some uncommon varieties of the 1937 S Quarter, like those with complete strike details, can bring in even larger profits from collectors.

A 1937 San Francisco Mint Mark Quarter in uncirculated form can sell for several hundred dollars or more.

In good condition, an average circulated coin can be worth between $12.5 and $20.

The most expensive 1937-S quarter ever sold was a specimen graded MS67+ by PCGS, which sold for a whopping $16,800.00 in November 2021.

Selling Your

Selling your 1937 quarter can be a straightforward process if you know where to start. You can sell your coin through online marketplaces, auction houses, or reputable coin dealers.

Detailed close-up of an old US penny on wood, showcasing its rustic texture.
Credit: pexels.com, Detailed close-up of an old US penny on wood, showcasing its rustic texture.

To get the best price for your coin, getting it professionally graded is essential. This will authenticate your coin and provide an accurate valuation.

The 1937 Washington Quarter has historical significance, making it a valuable collector's item. Whether it's the No Mint Mark, D, or S variety, or even a rare error coin, these quarters have the potential to be worth thousands, or even millions, depending on their condition and rarity.

You can sell your 1937 quarter online through various platforms, including online marketplaces and auction houses.

Frequently Asked Questions

Which quarter is worth $5000?

Rare Bicentennial quarters with visible errors can be worth up to $5,000, making them highly valuable. If you suspect your quarter has an error, consider getting it appraised for a potential high value

Carolyn VonRueden

Junior Writer

Carolyn VonRueden is a versatile writer with a passion for crafting engaging content on a wide range of topics. With a keen eye for detail and a knack for research, Carolyn has established herself as a reliable voice in the world of finance and travel writing. Her portfolio boasts a diverse array of article categories, from exploring the benefits of cash cards to delving into the intricacies of Delta SkyMiles payment options.

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