1940-D Washington Quarter (Silver) Value
A 1940-D Washington Quarter (Silver) is worth roughly $12.50 to $578 depending on its condition, while the raw metal inside it is valued at $6.60 as of 2026-06-01 Certified examples in top grades can run far higher.
1940-D Washington Quarter (Silver) value by grade
| Grade | Estimated 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.
How much is a 1940-D Washington Quarter (Silver) worth today?
A 1940-D Washington Quarter (Silver) that spent decades in circulation is worth about $12.50 today. One that never circulated at all can bring up to $578. The honest answer for most inherited or pocket-found examples sits in the lower half of the table.
1940-D Washington Quarter (Silver) specifications
- Series
- Washington Quarter (Silver)
- Year
- 1940
- Mint mark
- D
- Mintage
- 2,797,600
- 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 to look for the mint mark
Denver's "D" is the letter that defines the 1940-D Washington Quarter (Silver). On the reverse, below the wreath between the olive branches (1932-1964) On heavily circulated coins the mark wears down with everything else, so check carefully before assuming a Philadelphia strike.
Where this coin's value comes from
A 1940-D Washington Quarter (Silver) is real bullion as well as a collectible: 0.1808 troy ounces of fine silver, or about $6.60 of metal value in every example, regardless of condition.
The mintage of 2,797,600 puts the 1940-D 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.
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. For the 1940-D Washington Quarter (Silver), the enduring popularity of the series translates directly into buyers in every grade and every market cycle.
Summary: the 1940-D 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.