The 1956 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 1956 quarter with no mint mark and also the 1956 D quarter. The mint mark can be found on the reverse side of the coin.
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.
Neither the 1956 quarters with no mink mark or the 1956 D quarters have much numismatic value. In extremely fine condition each coin is valued at around a $1-2 premium over the scrap silver value. In uncirculated condition the price is around $6 per coin.
Proof coins are available and they are valued at around $10 each. Graded proof coins with a grade of PR 67+ or higher will sell for more. The Philadelphia mint issued out 669,000 proof coins so they aren't particularly rare.