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: .18084 oz.
Total Weight: 6.25 grams
Current Silver Bullion Value: $3.05

The US minted the 1953 quarter with no mint mark and also the 1953 D and 1953 S quarter. The mint mark, when present, 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

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.

Each series has roughly the same values, except in uncirculated condition for high grades. In extremely fine condition each coin is valued at around $7. In about uncirculated condition the value is around $8. In uncirculated condition the price is around $9 for coins with an MS 60 grade.

In uncirculated condition with a grade of MS 65 the values around the following: $25 for the 1953 quarter with no mint mark, $32 for the 1953 D quarter, and $23 for the 1953 S quarter.

Proof coins with no mint mark are available and they are valued at around $45 in PR 65 condition. There were 128,800 proof coins minted.

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.

PR 65 proof- There are no flaws to this coin. A few blemishes may be present.

 

Sources:

The Red Book


See also:

1954 Quarter
1952 Quarter
1951 Quarter