The 1938 Washington quarters have value as both numismatic coins and as silver bullion. Keep reading to learn more about these coins.

1938 Quarter

Specifications

Type: Washington Quarter
Year: 1938
Face Value: $0.25
Composition: 90% silver, 10% copper
Silver Weight: 5.62 grams
Total Weight: 6.25 grams
Current Silver Bullion Value: $3.22

The US minted the 1938 quarter with no mint mark and also the 1938 S quarter. The mint mark can be found on the reverse side of the coin.

Series Location Quantity Minted
1938 Philadelphia 9,480,000
1938 S San Francisco 2,832,000

Value

The value in circulated condition is worth at least its weight in silver. The scrap silver value for this coin is $3.22 as of September 19, 2019. This scrap value is calculated from the current silver spot price of $17.83 per ounce.

The 1938 quarter with no mint mark has some numismatic value. In very good condition this coin sells for around $8. In uncirculated condition the price is around $100, but it can easily sell for more.

The 1938 S quarter is more rare and thus more valuable. In very good condition the price is around $10, and in unciruclated condition prices start at $125.


See also:

1939 Quarter
1937 Quarter
1936 Quarter