1937 Washington Quarter (Silver) Value
Depending on how well it survived, a 1937 Washington Quarter (Silver) brings anywhere from $6.75 to $66.00; the melt floor under every example is $6.60 (spot prices as of 2026-06-01) The figures below break the range down grade by grade.
1937 Washington Quarter (Silver) value by grade
| Grade | Estimated value |
|---|---|
| Melt value floor(metal content, 2026-06-01) | $6.60 |
| Good (G-4) | $6.75 to $8.90 |
| Very Good (VG-8) | $6.75 to $9.25 |
| Fine (F-12) | $6.75 to $9.75 |
| Very Fine (VF-20) | $7.20 to $10.50 |
| Extremely Fine (XF-40) | $8.15 to $12.00 |
| About Uncirculated (AU-50) | $9.80 to $14.50 |
| Mint State (MS-60) | $12.50 to $18.00 |
| Choice Unc (MS-63) | $17.00 to $25.00 |
| Gem Unc (MS-65) | $45.00 to $66.00 |
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.
How much is a 1937 Washington Quarter (Silver) worth today?
In worn but collectible condition (Good-4), a 1937 Washington Quarter (Silver) starts around $6.75. From there, value climbs with every grade step: a gem Mint State example (MS-65) can reach $66.00. Most coins found in old collections fall somewhere between Very Fine and About Uncirculated, the middle rows of the table above.
1937 Washington Quarter (Silver) specifications
- Series
- Washington Quarter (Silver)
- Year
- 1937
- Mint mark
- None (Philadelphia)
- Mintage
- 19,696,000
- 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).
Why there is no letter on this coin
Philadelphia struck the 1937 Washington Quarter (Silver), and Philadelphia coins of this period carry no mint mark at all. An empty space at the usual mint mark position (On the reverse, below the wreath between the olive branches (1932-1964)) confirms a Philadelphia strike, not a flaw.
What makes the 1937 Washington Quarter (Silver) valuable
Every 1937 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.
19,696,000 pieces left the presses, so survivors remain plentiful. Pricing tracks bullion and grade, with gems carrying the only substantial premiums.
Context adds the final layer to the 1937 Washington Quarter (Silver). Its very availability makes the silver Washington a favorite entry point: a date run from 1941 is achievable on a modest budget, while early Denver issues in true Mint State remain condition rarities. 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 Washington Quarter (Silver) is valued between $6.75 and $66.00 as of 2026-06-15. Estimates combine mintage rarity, key-date status and metal content; they are editorial guidance, not an offer to buy.