The 1948 Washington quarters have value as both numismatic coins and as silver bullion. Keep reading to learn more about these coins.
Specifications
Type: Washington Quarter
Year: 1948
Face Value: $0.25
Composition: 90% silver, 10% copper
Silver Weight: .18084 oz.
Total Weight: 6.25 grams
Current Silver Bullion Value: $4.94
The US minted the 1948 quarter with no mint mark and also the 1948 D and 1948 S quarter. The mint mark, when present, can be found on the reverse side of the coin.
| Series | Location | Quantity Minted |
|---|---|---|
| 1948 | Philadelphia | 35,196,000 |
| 1948 D | Denver | 16,766,800 |
| 1948 S | San Francisco | 15,960,000 |
Value
This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $4.94. This melt value is calculated from the current silver spot price of $27.32 per ounce.
The 1948 quarter with no mint mark is worth around $6.50 in extremely fine condition. In uncirculated condition the price is around $10 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $25.
The 1948 D quarter is worth around $6.50 in extremely fine condition. In uncirculated condition the price is around $13 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $45.
Lastly the 1948 S quarter is worth around $6.50 in extremely fine condition. In uncirculated condition the price is around $10 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $40.
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Grading System
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.
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