1937-S Washington Quarter (Silver) Value

Depending on how well it survived, a 1937-S Washington Quarter (Silver) brings anywhere from $12.50 to $578, and its metal content alone is worth $6.60 as of 2026-06-01 Where your coin lands depends on wear, strike and surface quality.

193725 CENTS25 CENTS
Illustrative rendering. Photographs of this date are being added.

1937-S Washington Quarter (Silver) value by grade

1937-S Washington Quarter (Silver) value by grade
GradeEstimated value
Melt value floor(metal content, 2026-06-01)$6.60
Good (G-4)$12.50 to $18.00
Very Good (VG-8)$15.50 to $23.00
Fine (F-12)$20.00 to $29.50
Very Fine (VF-20)$28.00 to $41.50
Extremely Fine (XF-40)$42.00 to $62.00
About Uncirculated (AU-50)$61.50 to $91.00
Mint State (MS-60)$95.50 to $140
Choice Unc (MS-63)$168 to $248
Gem Unc (MS-65)$393 to $578

Estimated retail range, updated 2026-06-15. Estimates are modeled from mintage rarity and metal content, not auction records. Actual sale prices vary with certification, eye appeal and market timing.

What is a 1937-S Washington Quarter (Silver) worth right now?

In worn but collectible condition (Good-4), a 1937-S Washington Quarter (Silver) starts around $12.50. From there, value climbs with every grade step: a gem Mint State example (MS-65) can reach $578. Most coins found in old collections fall somewhere between Very Fine and About Uncirculated, the middle rows of the table above.

1937-S Washington Quarter (Silver) specifications

Series
Washington Quarter (Silver)
Year
1937
Mint mark
S
Mintage
1,652,000
Composition
90% silver, 10% copper
Weight
6.25 g
Diameter
24.3 mm
Edge
Reeded
Designer
John Flanagan
Silver content
0.18084 troy oz

Mintage figure: US Mint reports (approximate).

Where is the mint mark on a 1937 Washington Quarter (Silver)?

On a 1937-S Washington Quarter (Silver), the "S" mint mark of the San Francisco Mint sits on the reverse, below the wreath between the olive branches (1932-1964). A loupe helps: on worn examples the letter can fade into the surrounding devices.

What makes the 1937-S Washington Quarter (Silver) valuable

Every 1937-S Washington Quarter (Silver) contains 0.1808 troy ounces of pure silver, currently worth $6.60. That intrinsic value is a hard floor under the price: no matter how worn the coin, the silver inside cannot be graded away.

The mintage of 1,652,000 puts the 1937-S Washington Quarter (Silver) among the scarcer issues of its series. It is findable, but nice examples take patience, and the market prices that difficulty in.

Context adds the final layer to the 1937-S Washington Quarter (Silver). Struck for the bicentennial of George Washington's birth, John Flanagan's quarter was meant as a one-year commemorative, but it replaced the Standing Liberty design permanently in 1932 and, in clad form, remains in pockets today. Owning this date means owning a piece of that story, and demand for the series as a whole sustains liquidity for every issue in it.

Summary: the 1937-S Washington Quarter (Silver) is valued between $12.50 and $578 as of 2026-06-15. Estimates combine mintage rarity, key-date status and metal content; they are editorial guidance, not an offer to buy.