This is the first page of the value trend study for George Washington Quarters. Price movements from decades past to the present for coins dated 1932-64 are reported in our Washington Quarter price guide. The Bicentennial era issues of 1975-76 are also listed.
The links below are structured to appeal to collectors of George Washington Quarters. There is an in depth table for every coin in the study, covering a wide range of grades.
Without a doubt, the Washington Quarter key dates are the 1932-D and the 1932-S. These coins have exploded in value in recent years, owing to the popularity driven to the series by the 50 State Quarter program. This duo will always remain at the top of the heap, so a collector cannot go wrong, at least not in the long term, by purchasing properly graded examples (hint, hint: PCGS or NGC certified). A variety that has just lately gained recognition in Washington Quarter value handbooks, the 1937 Doubled Die, is earning respect from numismatists, as evidenced by quickly rising prices. How high it goes, at this point, is anyone's guess.
The George Washington Quarter was first produced in 1932, to commemorate the 200th anniversary of the birth of the first U.S. president and Founding Father. The original intent was that it would sunset after only one year, yet the Washington Quarter remains with us today, an icon of daily American life. We have another section explaining the design selection process and history of the George Washington Quarter. There is also an entire section with images and other interesting information pertaining to the Statehood Quarter program.
You will find value trend online reports for other US coin types by going to the Coin Value Tables online listing page.
In the 1950s, grading practices were radically different from what we have today. A coin's condition was described using simple adjectives such as "Very Good" or "Uncirculated". Accordingly, numismatic references of those times conformed to the same set of adjectives to approximate retail coin values. Varying distinctions of Uncirculated (today's equivalent of MS-60, MS-61, etc) and Proof were recognized in some advertisements and auction bills by employing modifying descriptors such as "Brilliant Uncirculated" or "Choice Proof", for example. However, with no clear point of reference or consistency on how the modifying descriptors were invoked, most publishers resorted to listing values for only one "Uncirculated" grade and one "Proof" grade.
The 70-point numeric system (G-4, VG-8, etc.) in widespread use today was popularized by the American Numismatic Association in the late 1970s, an era when coin values were escalating dramatically, most notably for high quality specimens. Vague descriptors such as "Choice" and "Brilliant" were replaced by more precise numerically determined grades. Thus, finely differentiated grades like MS-60, MS-63, and MS-65 became commonplace, and by the late 1980s, the practice of assigning a numerical grade to indicate quality was universal (this does not imply the 70-point system eliminated grading inconsistencies, but it did help to stabilize the coin collecting hobby).
In February 1986, the ANA changed its grading interpretations to match the tightening standards demanded by the marketplace. This meant that many coins correctly graded as MS-65 in the early 1980s became MS-63 or less, so as to be consistent with the newly revised interpretation. Conversely, a coin graded after 1986 as MS-63 was about equal in quality to an MS-65 before 1986. Thus, the Mint State prices published in numismatic periodicals prior to 1986 are not directly comparable to those published later. The Coin Value Tables of this website relied heavily on periodicals from before 1986, but we did not attempt to compensate for the revised grading standards of 1986; we reported what we found. One must take this into account when studying trends for an MS-65 coin from, say, 1980 to the present. On the other hand, because of the dearth of Mint State price estimates published prior to 1986, more than 98% of the Coin Value Table data is not affected by anything mentioned in this paragraph!
The Coin Value Tables trend data for Washington Quarters reflect the historic availability of numeric grades. For the 1950-1985 rows, the values in the "F-12" column correspond to the "Fine" listing of those years, "VF-20" corresponds to "Very Fine", and so on. The "MS-60" column records the "Uncirculated" value reported during those same decades. Starting in the 1980 row, "Uncirculated" grades are broken down into MS-60 and MS-65 designations. Later years indicate an even wider range of "Uncirculated" grades, as data became more available.
For those interested, we have a coin grading section with more details on the evolution of grading coins.
