Do you have spare quarters laying around somewhere in your home? Check and see if one of them will worth $200 a piece!! And it has nothing to do with inflations. It happened a certain year of coin/quarter can have a certain value for some collectors, and this article will talk about the 1946 Quarter value.
Many still circulated in good condition some Gem quality is scarce and collectors hoping to be lucky enough to find some that need they can collect, and also they need to know what they’re looking for.
Why Quarters Are Valuable Object
Commemorative, rareness, and conditions of the quarters are the thing that inspires collectors to seek out and buy these quarters. It is true that some have hobbies in collecting rare things and enjoy having of kind objects, in their collections.
Regardless, the 1946 Quarter value will be decided by the rarity of the coin and the conditions, the oldest the coin the higher in value it has especially the one that has been kept out of circulation making it more valuable in any way.
So in the 1946 quarter case, the coin in circulation will be worth its weight in silver, and the silver melt has the value of $3.52 on November 3rd, 2022. That amount of value is based on the current calculated price of the silver pot at the price of $19.47 per ounce.
Values Of The 1946 Quarter
The 1946 quarter that doesn’t have any mint mark will be worth around $6.50 with the quarter in extremely fine condition. But the quarter that is in uncirculated conditions will have a higher price that ranges to $9 with the quarter having an MS 60 grade, but the one with a grade of MS 65 will have a price of $35.
The 1946 Quarter value of the D quarter of 1946 is worth around $6.50 with the quarter in a very fine condition, with the uncirculated ones with a price of $9 with an MS 60 grade and $33 with a quarter grade of MS 65.
Then there’s the S quarter of the 1946 quarter have a value of $6.50 with extremely fine conditions with the uncirculated on a price of $9 with an MS grade and $30 for the MS 65 grade.
How one does the ability to identify the quarter quality by a glance only? Turns out there are some tools to help determine the quarter value like if the quarter’s design like the hair lines looks sharps or if the sign of wear is on the top of the eagle’s legs or only on the eagle’s breast.
With the MS 60 uncirculated you can check if there is no sign of wear with the parameter of if the coin has luster or maybe a few stains, surface marks, or abrasions. While the MS 65 there might be an eye appeal or strong luster with a few light contact marks, but barely noticeable.
1946 Quarter value can be said that the year of the quarter is one of the tougher quarters to acquire in the 1940 era to get in gem conditions.
That was because back in the year between the 1950s and 1960s uncirculated rolls of coins were being saved because the focus was on mintage, the higher mintage coin at that time was being ignored or undesirable while they saved the low mintage coins.
That is why, with the high mintage was undesirable to be saved and they chose to save the low mintage instead, nowadays 1946 quarter is so scarce for the Gem conditions than the low mintage like the 1946-S, with the 1946-S having a less than 10% the original mintage year.
The Washington 1946 Quarter value has a face value of $0.25 with compositions of 90% silvers and 10% copper with a silver weight of 18084 oz, and a total weight of 6.25 grams. The current silver bullion value at $3.52.
All the Washington quarters dated before 1965 were made from 90% silver compositions, which is worth more than the face value of 25 cents coins. In fact, the last year that the US mints of the Washington quarter made of silver was the year of 1964.
By that time the rising silver bullion prices have begun pushing the intrinsic metal content, which makes the 1946 Quarter value beyond their face value.
Although this helped fuel the coin shortage that prompted the United State Mint officials in making major changes in the coin policy, that includes the debasement of the silver dimes, half dollars, and quarters.
The 1905 silver quarter values vary depending on the silver current price and the conditions as well as the date of the coins. But, all coins in the pre-1965 Washington quarter are definitely worth saving, because they all at least have their melt value.
Because each of the pre-65 quarters contains roughly 0.18 troy oz of pure silver, which is around 5.6 grams. Multiply the number by the most current spot of silver price and you will have the range approximate of the melt value for the silver 1946 Quarter value.
A Brief History Of Washington Coin
It was started in 1931, the Washington quarters were the US’s first commemorative coin. It was to honor the bicentennial of George Washington’s birth by the treasury department with a half dollar. The contest was that the new design should be specified to the portrait of George Washington by Jean Antoine Houdon.
But then congress decided to intervene in march of 1931 and instead of making a half dollar they decided to feature Washington in a quarter dollar instead of the half dollar.
John Flannagan, a designer engraver asked to design the reverse and the observers for the new quarter dollar. The first ever quarters rolled off the coining presses was in 1932. Which is supposed to be a one-year circulating as a commemorative coin. But, due to the great depression throughout the US, the US Mint did not produce any coins in the year 1933.
Thus, when in 1994 the demand for quarters coins resumed, and the mint just continue with the Washington design until today.
What are mint marks?
The United State of America has three different mints that produce the Washington quarters which are, Denver (D), San Francisco (S), and Philadelphia in Philadelphia the quarters has no mint marks. These mint marks are located on the coin reverse, above the ‘R’ in QUARTER, and below the wreath.
It is important to know the basics of coin grading, it’s a very important aspect in the field of collecting quarters, this can be done by professional numismatists or experienced collectors. The standard of measuring grade that commonly uses is the Sheldon Scale, a system that uses the range from number 1 as the poorest condition and 70 as the flawless and perfect.
Basically, the higher the number, the better the conditions of the coin is. This is important when it is for measuring the value of the coin, and the difference between a choice of a regular MS-60 and an uncirculated MS-65. Because uncirculated coins can have a difference between $100,000 and $1 million, it is depending on the coin.
Generally speaking, grading circulated coins basically can be done by anyone once they’ve been exposed to coins and have a good reference of which grade corresponds with them.
But most of the uncirculated coins, especially the old coins should be only graded by professionals since circulated coins are categorized as average when uncirculated ones are scarce and limited.
Using professional help to grade the uncirculated coins may cost additional money, but it is usually worth it with older coins for the value of the selling.
Further explanation about the market analysis about 1946 Quarter value, between 1932, 1946, and 1964, the Washington quarter minted contained 90% of pure silver. Which results in the said well-circulated coin sometimes being worth only the silver the coin contains.
However, few of the combinations of the coin dates and mint marks the collector will willing to pay the premium price. So, the rarity and the date of the coins might just have the value of a small fortune.
Of course, every antique or collection must have an authenticator, like any other art form. These quarters are commonly counterfeit or in other words altered from the common Washington quarters. It is advised to hire a third party to authenticate the coin before purchasing one for your collections.
The 1946 Quarter value, when you try to sell to the dealer might vary, depending on the conditions, date, or year and the rarity of it. It will be measured by the sell and buy price value in an average market of regular circulated Washington quarter or the limited uncirculated quarters.
That was the list of explanations for the value of the Washington quarter and a little bit of history about the coin, from its first production to a little bit of market analysis of the coin.
Learn About the Other Quarters Here:
1940 Quarter | 1964 Quarter | 1966 Quarter
1969 Quarter | 1974 Quarter | 1977 Quarter
1978 Quarter | 1979 Quarter | 1980 Quarter
1983 Quarter | 1984 Quarter | 1946 Quarter
1961 Quarter | 1968 Quarter | 1965 Quarter
1967 Quarter | 1988 Quarter | 1953 Quarter
1998 Quarter | 1970 Quarter | 1981 Quarter
1776 to 1976 Quarter