The 1958 Washington quarters aren't particularly rare, but they do have value 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 1958 quarter with no mint mark and also the 1958 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.
The 1958 quarter with no mint mark is more rare than some of the other series but it's not very sought after. In extremely fine condition it only sells for a small premium of $1-2 above the coin's scrap silver value. In uncirculated condition the price is around $6 per coin.
The 1958 D quarter is not as rare but it commands a similar premium. In extremely fine condition each coin sells for about $2 above the scrap silver value. In uncirculated condition the price is around $6 per coin.
Proof coins are available and they are valued at around $9 each. Graded proof coins with a grade of PR 67+ will sell for more. The Philadelphia mint issued out 875,000 collectible proof coins so they aren't rare.