1940-S Washington Quarter (Silver) Value
Today a 1940-S Washington Quarter (Silver) typically sells for $6.75 to $66.00, with condition doing most of the work, and its metal content alone is worth $6.60 as of 2026-06-01 See the grade table below for exactly where your coin falls.
1940-S 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.
What is the 1940-S Washington Quarter (Silver) selling for today?
In worn but collectible condition (Good-4), a 1940-S 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.
1940-S Washington Quarter (Silver) specifications
- Series
- Washington Quarter (Silver)
- Year
- 1940
- Mint mark
- S
- Mintage
- 8,244,000
- 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).
How to find the S mint mark
On a 1940-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 1940-S Washington Quarter (Silver) valuable
At 8,244,000 struck, scarcity is not the story here. Condition is: well-preserved examples with original luster stand far above the worn majority.
Every 1940-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.
There is history in a 1940 Washington Quarter (Silver) as well. The two branch-mint first-year issues, 1932-D and 1932-S, each with mintages in the 400,000s, are the series keys; everything after 1940 is common in circulated grades and tracks silver melt closely. That backdrop keeps the series among the most actively collected in American numismatics.
Summary: the 1940-S 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.