The 1948 Washington quarters have value as both numismatic coins and as silver bullion. Keep reading to learn more about these coins.
Type: Washington Quarter
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 1948 quarter with no mint mark and also the 1948 D and 1948 S quarter. The mint mark can be found on the reverse side of the coin.
|1948 S||San Francisco||15,960,000|
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 1948 quarter with no mint mark doesn't have much numismatic value. In fine to extremely fine condition it only sells for a small premium over the scrap silver value. In uncirculated condition the value is around $10.
The 1948 D quarter and 1948 S quarter are more rare and they are a little more valuable. In extremely fine condition they are each valued at a $3-4 premium above their silver melt value. In uncirculated condition both the D and S quarters are valued at around $15-20 each.