The 1954 Washington quarters have value as both numismatic coins and as silver bullion. Keep reading to learn more about these coins.

1954 Quarter

Specifications

Type: Washington Quarter
Year: 1954
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 1954 quarter with no mint mark and also the 1954 D and 1954 S quarter. The mint mark, when present, can be found on the reverse side of the coin.

Series Location Quantity Minted
1954 Philadelphia 54,412,203
1954 D Denver 42,305,500
1954 S San Francisco 11,834,722

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.

Both the 1954 quarter with no mint mark and the 1954 D quarter have similar values. In extremely fine condition the value is around $7. In uncirculated condition the value is around $9 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $24-25.

The 1954 S quarter is worth around $7 in extremely fine condition. In uncirculated condition the value is around $9 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $23.

Proof coins with no mint mark are available and they are valued at around $25 in PR 65 condition. There were 233,300 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:

1955 Quarter
1953 Quarter
1952 Quarter