The 1953 Washington quarters have value as both numismatic coins and as silver bullion. Keep reading to learn more about these coins.

1953 Quarter

Specifications

Type: Washington Quarter
Year: 1953
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 1953 quarter with no mint mark and also the 1953 D and 1953 S quarter. The mint mark can be found on the reverse side of the coin.

Series Location Quantity Minted
1953 Philadelphia 18,536,120
1953 D Denver 56,112,400
1953 S San Francisco 14,016,000

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 1953 quarters with no mint mark have some numismatic value. In extremely fine condition each quarter is valued at around $8, and in uncirculated condition the value is around $15 for each coin.

The 1953 D quarters don't have as much numismatic value because more of them were minted. In extremely fine condition they are worth a few dollars over their silver melt value. In uncirculated condition they are valued at around $10 a piece.

Finally the 1953 S quarters are the most rare variety. In extremely fine condition the value is around $8 per coin, and in uncirculated condition the value is around $12 per coin.

Proof coins are available and they are valued at around $30 each with a grade of around PR-65. Graded proof coins with a grade of PR 67+ will sell for more. The Philadelphia mint issued out 128,000 proof coins which is fewer than some of the other series.


See also:

1954 Quarter
1952 Quarter
1951 Quarter