The 1937 Washington quarter, minted by the US Mint, has become a notable piece among coin collectors. Despite its face value of just 25 cents, this coin has captivated enthusiasts over the years due to its numismatic significance and current market value.
Let’s delve into the intriguing history of the 1937 quarter and explore its worth in the world of coin collecting.
Value Chart for 1937 Quarter
| Mint Mark | Good | Fine | Extremely Fine | Uncirculated |
|---|---|---|---|---|
| 1937 No Mint Mark Quarter Value | $8.50 | $9.50 | $20 | $35 |
| 1937 D Mint Mark Quarter Value | $9 | $12.50 | $25 | $67 |
| 1937 S Mint Mark Quarter Value | $12.50 | $20 | $60 | $190 |
Historical Significance of the 1937 Quarter
The 1937 Washington quarter holds a special place in American numismatic history, reflecting both the nation’s heritage and its economic conditions during the late 1930s. Introduced as part of the Washington quarter series, this coin commemorates the 200th anniversary of George Washington’s birth, a tribute to the first President of the United States. The series, designed by sculptor John Flanagan, has remained largely unchanged since its debut in 1932, symbolizing stability and continuity in American coinage.
The 1937 quarter was minted during a period of economic recovery following the Great Depression. This era was marked by significant efforts to restore economic stability and confidence in the financial system. The production of the 1937 quarter at the Philadelphia, Denver, and San Francisco mints reflects the widespread demand for currency as the nation worked towards economic recovery.
Each mint mark on the 1937 quarter—whether it be the “D” from Denver, the “S” from San Francisco, or the absence of a mark indicating Philadelphia—tells a story of the coin’s origin and the historical context of its production. The Denver Mint, established in 1906, and the San Francisco Mint, founded in 1854, both played crucial roles in the nation’s coinage history, contributing to the diverse and rich legacy of American currency.
The 1937 quarter is also notable for its composition of 90% silver and 10% copper, a standard that was maintained until 1964 when rising silver prices led to a shift in coinage materials. This silver content not only adds to the coin’s intrinsic value but also connects it to a bygone era of American minting practices.
Collectors and historians alike value the 1937 quarter not just for its monetary worth but for its embodiment of American resilience and heritage. The coin serves as a tangible link to the past, offering insights into the economic and cultural landscape of the United States during the late 1930s. Whether found with unique mint errors or in pristine condition, the 1937 quarter remains a cherished piece of American history.
Design of the 1937 Quarter
The 1937 Washington quarter is celebrated not only for its historical significance but also for its timeless design. Created by sculptor John Flanagan, the coin’s design has remained largely unchanged since its introduction in 1932, making it a classic piece of American numismatic art.
The design elements of the 1937 quarter, from the obverse to the reverse, reflect the artistry and craftsmanship of early 20th-century American coinage. Each detail, from Washington’s profile to the majestic eagle, contributes to the coin’s enduring legacy and desirability among numismatists.
Obverse Design of 1937 Quarter
The obverse side of the 1937 quarter features a striking portrait of George Washington, the first President of the United States. This profile bust of Washington is centered on the coin, with the word “Liberty” inscribed above his head.
Below Washington’s chin, the national motto “In God We Trust” is prominently displayed. The date “1937” is positioned at the bottom of the coin, completing the obverse design. Flanagan’s depiction of Washington is both dignified and realistic, capturing the essence of the nation’s founding father.
Reverse Design of 1937 Quarter
The reverse side of the 1937 quarter showcases an eagle with its wings spread wide, perched on a bundle of arrows and an olive branch. This powerful image symbolizes both strength and peace. Surrounding the eagle are the inscriptions “United States of America” at the top and “Quarter Dollar” at the bottom, indicating the coin’s country of origin and denomination.
The intricate details of the eagle’s feathers and the olive branch add to the coin’s aesthetic appeal, making it a favorite among collectors.
Technical Specifications of 1937 Quarter
| Specification | Details |
|---|---|
| Face Value | 25 cents ($0.25) |
| Coin Thickness | 1.75 mm (0.06870 inches) |
| Coin Diameter | 24.3 mm (0.95669 inches) |
| Coin Weight | 6.25 g (0.2204 ounces) |
| Composition | 90% silver, 10% copper |
| Silver Weight | 5.623 g (0.1808 troy ounces) |
| Edge | Reeded |
| Shape | Round |
Grading Guide for 1937 Quarter
Grading is a vital aspect of coin collecting, as it helps determine a coin’s value and authenticity. The 1937 quarter, like any other coin, can be graded on a scale ranging from poor to mint state. Key factors in grading include the coin’s luster, surface preservation, strike quality, and overall eye appeal.
The grading of the 1937 quarter is particularly important because it significantly influences its value. If you’re interested in grading your Washington quarter before consulting an expert, you can refer to our grading guides to understand the coin’s scale. This step is essential to accurately assess your coin’s value.
| Sheldon Scale | Grade |
|---|---|
| 1 | Basal State-1 |
| 2 | Fair |
| 3 | Very Fair |
| 4, 5, 6 | Good |
| 7, 8, 10 | Very Good |
| 12, 15 | Fine |
| 20, 30 | Very Fine |
| 40 | Extremely Fine |
| 50 | About Uncirculated |
| 60 | Mint State |
| 65 | Mint State |
| 70 | Mint State |
1937 Quarter Value Guides
Understanding the value of a 1937 quarter requires a comprehensive look at various factors that influence its worth. From mint marks to coin condition, each aspect plays a crucial role in determining the market value of these historic coins.
In this section, we will provide detailed guides to help you assess the value of your 1937 quarter, whether it has a “D” mint mark, an “S” mint mark, or no mint mark at all.
1937 No Mint Mark Quarter Value
In 1937, the United States Mint produced several quarters without a mint mark, indicating their origin from the Philadelphia Mint. Established in 1792, Philadelphia is the nation’s oldest mint and has been in continuous operation since its inception. The 1937 No Mint Mark Quarter is one of the notable designs from this historic mint, alongside iconic coins like the American Eagle and Liberty Bell.
One of the most striking features of the 1937 No Mint Mark Quarter is its design. The obverse side of the coin showcases a profile of George Washington, while the reverse side features an eagle with outstretched wings, clutching an olive branch and arrows. These intricate details, along with the exquisite lettering and patina that many of these coins have developed over time, make them highly prized by collectors.
The value of a 1937 No Mint Mark Quarter varies greatly depending on its condition. Poorly preserved coins might only fetch a few dollars, while well-maintained specimens can sell for thousands at auction. Collectors particularly value rare coins that have been well-preserved, exhibit minimal wear, and retain a shiny silver finish, as these can command high prices.
Interestingly, the No Mint Mark quarter from 1937 was produced in relatively smaller quantities compared to other quarters from the same year, with a total mintage of 19,696,000. This lower production number adds to its rarity and desirability among collectors.
1937 D Mint Mark Quarter Value
The 1937 D Mint Mark Quarter is a symbol of American patriotism and pride, featuring the iconic bust of George Washington on its obverse side. Above and below Washington’s profile are the inscriptions “Liberty” and “In God We Trust,” along with the mint mark “D.” The reverse side of the coin displays an eagle with outstretched wings perched on an olive branch and arrows, surrounded by the words “United States of America” and “Quarter Dollar.”
The Denver Mint, established in 1906, has played a significant role in the production of US currency. It remains one of the four active mints operated by the United States Mint. The 1937-D quarter was minted during a challenging economic period as the US was recovering from the Great Depression. This coin weighs 6.25 grams and is composed of 90% silver and 10% copper.
The Washington quarter series was introduced in 1932 to commemorate the 200th anniversary of George Washington’s birth. The design, created by sculptor John Flanagan, has largely remained unchanged since its inception. Despite a mintage of 7,189,600, certain 1937-D quarters, especially those in high grades or with complete strike features, can be highly valuable to collectors.
Coins with noticeable flaws or die variations can also be quite valuable. The highest price ever paid for a 1937-D Quarter was $7,931 for a PCGS MS-67+ Complete Bands specimen at a Heritage Auction in January 2013.
From 1932 to 1964, the Denver Mint produced Washington quarters with the “D” mint mark. However, the production of silver coins ceased in 1964 due to the rising cost of silver.
1937 S Mint Mark Quarter Value
The 1937 S Mint Mark Quarter, minted in the historic San Francisco Mint, is a prized possession for collectors and a testament to American craftsmanship. The San Francisco Mint, founded in 1854 during the California Gold Rush, played a crucial role in converting the region’s gold into usable currency.
Over the years, it has produced numerous notable coins, including the Walking Liberty Half Dollar and the Mercury Dime. Today, it remains one of the four active mints operated by the United States Mint.
With a mintage of just over 1 million pieces, the 1937 San Francisco Mint Mark Quarter is relatively rare. Certain varieties, particularly those with complete strike details or in high grades, can fetch significant premiums from collectors.
The value of a 1937 San Francisco Mint Mark Quarter can vary widely based on its condition. While an average circulated coin in good condition might be worth between $10 and $20, an uncirculated coin can sell for several hundred dollars or more.
The most expensive 1937-S quarter ever sold was a specimen graded MS67+ by PCGS, which fetched an impressive $16,800 in November 2021. This coin featured fully struck bands on the torch and branches on the reverse side, a copper-rose patina around the edges, and was exceptionally well-preserved.
Rare 1937 Quarter Errors List
The 1937 quarter is not only valued for its historical significance but also for the unique errors that can be found on some coins. These errors make certain 1937 quarters highly sought after by collectors. Here are some of the most notable errors:
1937 Quarter Die Cracks Error
Die cracks occur when the die used to strike the coin becomes damaged or worn, resulting in small fissures on the coin’s surface. These cracks can vary in length and may appear straight or curved. They can be found in various parts of the coin’s design, including the fields, legends, and devices. Some collectors find die cracks appealing as they add character and uniqueness to the coin.
1937 Quarter Cuds Error
Cuds are raised lumps or bulges on a coin’s surface caused by a damaged die. Typically found on the rim, cuds can range from small bumps to large, protruding masses. They are considered more significant than die cracks and are often more desirable to collectors. Cuds can result from a broken die, a filled die, or a clogged die.
1937 Quarter Clipped Planchet Error
A clipped planchet error occurs when a portion of the coin’s edge is missing due to an incomplete blank before striking. These errors can be caused by human error or issues with the minting equipment. Clipped planchets can be classified into four types: straight clip, curved clip, ragged clip, and irregular clip. The value of a clipped planchet error depends on the size and location of the clip, as well as the coin’s rarity.
1937 Quarter Off-Center Strike Error
An off-center strike happens when the coin is not perfectly centered on the planchet during striking. This mint error can range from minor to severe. A minor off-center strike may cause a slight shift in the design elements, while a significant off-center strike can result in the design being completely off-center. The value of an off-center strike error depends on the degree of off-centering, the coin’s rarity, and its condition.
1937 Quarter Double Die Error
A double die error occurs when the die used to strike the coin has a double image, making the coin appear to have two sets of inscriptions or features. Double die errors can range from minor to major.
A severe double die error can be seen with the naked eye, while a minor one might require magnification. Major double die errors are highly sought after by collectors and can be extremely valuable, especially if found on a rare or attractive coin. These errors can result from flaws in the die manufacturing process or mistakes during die design.
1937 Quarter Lamination Errors
Lamination errors happen when there is a defect or impurity in the metal planchet. This can cause a small layer of metal to peel away, resulting in a raised bubble or blister on the coin’s surface. Lamination errors add a unique aspect to the coin and can increase its value among collectors.
Where to Sell Your 1937 Quarter?
Now that you understand the value of your 1937 quarters, you might be wondering where to sell them. Here are some online platforms where you can easily sell your coins:
- eBay: A popular marketplace for buying and selling coins. Pros: Wide audience, auction format. Cons: Seller fees, competitive market.
- Heritage Auctions: Specializes in rare coins and collectibles. Pros: Expert appraisals, high-end buyers. Cons: Auction fees, longer selling process.
- Coin Shows: Local or national coin shows where collectors gather. Pros: Direct interaction with buyers, immediate sales. Cons: Travel required, limited audience.
- Local Coin Shops: Physical stores specializing in coins. Pros: Immediate cash offers, expert advice. Cons: Potentially lower offers, limited selection.
We also have a detailed post dedicated to selling your coins online. Please also refer to that article.
What to look for in the 1937 Quarter?
When evaluating a 1937 Washington quarter, there are several key factors to consider that can significantly impact its value and desirability among collectors. Here’s a detailed guide on what to look for:
1. Mint Marks
The mint mark on a 1937 quarter indicates where the coin was produced and can affect its rarity and value. Look for the following mint marks:
- No Mint Mark: Indicates the coin was minted in Philadelphia.
- D Mint Mark: Indicates the coin was minted in Denver.
- S Mint Mark: Indicates the coin was minted in San Francisco.
Each mint mark has its own mintage numbers and historical significance, which can influence the coin’s value.
2. Condition and Grading
The condition of the 1937 quarter is crucial in determining its value. Coins are graded on a scale from Poor (P-1) to Mint State (MS-70). Key aspects to examine include:
- Luster: The shine or brilliance of the coin.
- Surface Preservation: The presence of scratches, wear, or other marks.
- Strike Quality: The clarity and sharpness of the coin’s design details.
- Eye Appeal: The overall visual attractiveness of the coin.
Higher-grade coins with minimal wear and strong eye appeal are more valuable.
3. Design Details
Pay close attention to the design elements of the 1937 quarter:
- Obverse: Look for a clear and detailed profile of George Washington, with legible inscriptions of “Liberty” and “In God We Trust.”
- Reverse: Examine the eagle’s feathers, the olive branch, and arrows for sharpness and detail. The inscriptions “United States of America” and “Quarter Dollar” should be clear and well-defined.
4. Errors and Varieties
Errors and varieties can add significant value to a 1937 quarter. Some common errors to look for include:
- Die Cracks: Small fissures on the coin’s surface caused by a damaged die.
- Cuds: Raised lumps or bulges due to a broken die.
- Clipped Planchet: Missing portions of the coin’s edge.
- Off-Center Strike: Misalignment of the coin’s design.
- Double Die: Doubling of the coin’s inscriptions or features.
- Lamination Errors: Peeling or blistering of the coin’s surface.
These errors make the coin unique and can significantly increase its value.
FAQs on 1937 Quarter Value
What is the error on the 1937 quarter?
The 1937 quarter can have various errors, such as die cracks, clipped planchets, or off-center strikes. These errors add uniqueness and can increase the coin’s value. An expert grader can help identify specific errors on your coin.
How rare is a 1937 quarter?
The rarity of a 1937 quarter depends on its condition, mint mark, and any errors it may have. While over 27 million 1937 quarters were produced, coins in excellent condition or with rare errors are more valuable and sought after by collectors.
How do I know if my 1937 quarter is worth anything?
To determine the value of your 1937 quarter, consider its preservation, mint mark, and potential errors. Consult a reliable pricing guide or seek the expertise of a knowledgeable coin assessor for an accurate evaluation.
Where is the mint mark on a 1937 coin?
The mint mark on a 1937 quarter is located on the reverse side, beneath the eagle’s tail feathers. A coin without a mint mark was produced in Philadelphia, while a “D” indicates Denver and an “S” signifies San Francisco.
Final Thoughts
The 1937 Washington quarter is a fascinating piece of American numismatic history, cherished by collectors for its design, historical context, and the unique errors that can be found on some coins.
Whether you are a seasoned collector or a newcomer to the world of coin collecting, understanding the value and significance of the 1937 quarter can enhance your appreciation for this remarkable coin.
By learning about its various mint marks, grading criteria, and potential errors, you can make informed decisions about buying, selling, or simply admiring these historic pieces