The 1934 Washington quarters have value as both numismatic coins and as silver bullion. Keep reading to learn more about these coins.

1934 Quarter

Specifications

Type: Washington Quarter
Year: 1934
Face Value: $0.25
Composition: 90% silver, 10% copper
Silver Weight: .18084 oz.
Total Weight: 6.25 grams
Current Silver Bullion Value: $3.05

The US minted the 1934 quarter with no mint mark and also the 1934 D quarter. The mint mark, when present, can be found on the reverse side of the coin.

Series Location Quantity Minted
1934 Philadelphia 31,912,052
1934 D Denver 3,527,200

Value

This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $3.05 as of November 14, 2019. This melt value is calculated from the current silver spot price of $16.85 per ounce.

The 1934 quarter with no mint mark has three different varieties, and they all have different values. There are quarters with the light motto, the heavy motto, and the double die error. The motto on this coin is: "IN GOD WE TRUST", and it's either shown light or heavy. So if it's a light motto coin then it will be more difficult to see. The double die error coins show a clear overlap over the letters and numbers.

The 1934 light motto quarter with no mint mark is worth around $7.50 in very good condition. In very fine condition the value is around $8 and in extremely fine condition the value is around $10. In uncirculated condition the price is around $60 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $200.

The 1934 heavy motto quarter with no mint mark is worth around $7.50 in very good condition. In very fine condition the value is around $8 and in extremely fine condition the value is around $10. In uncirculated condition the price is around $30 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $165.

The 1934 double die error quarter with no mint mark is worth around $75 in very good condition. In very fine condition the value is around $200 and in extremely fine condition the value is around $300. In uncirculated condition the price is around $1,000 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $3,250.

The 1934 D quarter is worth around $7.50 in very good condition. In very fine condition the value is around $12 and in extremely fine condition the value is around $25. In uncirculated condition the price is around $250 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $475.

Grading System

Very good- The date is clearly visible. Details on Washington's portrait are faint. Roughtly one half of the eagle's feathers are distinct.

Very fine- Most of the hair details are visible. The eagle's feathers are distinct.

Extremely fine- The hair lines look sharp. The only signs of wear are on the eagle's breast and at the top of the eagle's legs.

MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.

MS 65 gem uncirculated- There is strong luster and eye appeal. A few light contact marks may be present but they are barely noticeable.

 

Sources:

The Red Book


See also:

1935 Quarter
1932 Quarter