The 1948 Washington quarters have value as both numismatic coins and as silver bullion. Keep reading to learn more about these coins.

1948 Quarter

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: $3.05

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 $3.05 as of November 14, 2019. This melt value is calculated from the current silver spot price of $16.85 per ounce.

The 1948 quarter with no mint mark is worth around $7 in extremely fine condition. In uncirculated condition the price is around $9 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $24.

The 1948 D quarter is worth around $7.50 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 $7 in extremely fine condition. In uncirculated condition the price is around $9 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $37.

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.

 

Sources:

The Red Book


See also:

1949 Quarter
1947 Quarter
1946 Quarter