The 1949 Washington Silver Quarter is a fascinating piece of American coinage, gaining interest from numismatists and casual collectors alike. This article delves into its history, value, grading, and other essential aspects. Whether you are a seasoned coin collector or a curious learner, this comprehensive guide will enrich your knowledge about this significant coin.
History of the 1949 Washington Silver Quarter
The Washington Quarter series began in 1932, commemorating the 200th anniversary of George Washington’s birth. John Flanagan designed the coin, which features Washington’s bust on the obverse and an eagle on the reverse. In 1949, the quarter continued to be minted primarily from 90% silver, making it both a historical artifact and an investment-worthy metal.
The 1949 Washington Silver Quarter holds historical significance due to its post-World War II production. Coins from this era, especially those minted in silver, represent a period of economic adjustment and industrial growth in the United States. This historical context adds to the charm and appeal of the 1949 quarter.
Design and Specifications
The obverse of the 1949 Washington Quarter showcases a profile of George Washington, designed by John Flanagan. The date “1949” is inscribed below Washington’s bust, while the word “LIBERTY” arches above, and the motto “IN GOD WE TRUST” is placed to the left.
On the reverse, an eagle with outspread wings is depicted clutching a bundle of arrows and olive branches. The words “UNITED STATES OF AMERICA” and “QUARTER DOLLAR” encircle the eagle, while “E PLURIBUS UNUM” appears just above its head.
This coin has a diameter of 24.3 mm and weighs 6.25 grams. Its composition of 90% silver and 10% copper makes it a valuable piece for both collectors and investors.
What Are the Mint Marks and Their Significance?
The 1949 Washington Silver Quarter was minted in different facilities, identifiable by their respective mint marks. Coins minted in Philadelphia carry no mint mark, while those from Denver bear a small “D” on the reverse side below the wreath.
The presence of a mint mark can significantly affect the coin’s value. The 1949-D Washington Silver Quarter, for instance, often commands higher prices due to its lower mintage compared to its Philadelphia counterpart. Collectors often seek out these differences as they build complete sets of the series.
The Value of a 1949 Washington Silver Quarter
The value of a 1949 Washington Silver Quarter can vary greatly based on its condition and mint mark. Coins graded by PCGS or the Numismatic Guaranty Company (NGC) generally fetch higher prices due to their certified authenticity and grade.
In general, a 1949 Washington Quarter in average circulated condition may be worth between $6 to $8. However, higher grades such as MS-65 or better can reach significantly higher prices, sometimes even exceeding $100. The PCGS price guide values can provide a more detailed insight into the current market value.
Grading Your 1949 Washington Silver Quarter
Understanding your coin’s grade is crucial for determining its value. Coins are graded on a scale from 1 to 70, with MS-65 or better being the benchmark for uncirculated coins. PCGS and NGC are two reputable organizations that certify and grade coins, ensuring their authenticity and quality.
Collectors should look for coins with clear details and minimal signs of wear. Key areas to inspect include Washington’s hairlines on the obverse and the feather details on the eagle’s wings on the reverse. Having a coin graded can ensure its value and authenticity, making it easier to sell or trade.
Rarity and Mintage Statistics
The mintage figures for the 1949 Washington Silver Quarter indicate its relative rarity. The Philadelphia Mint produced approximately 9 million quarters, whereas the Denver Mint produced around 3 million. The lower mintage from the Denver Mint contributes to the scarcity and higher value of the 1949-D Washington Silver Quarter.
Understanding the mintage statistics helps collectors gauge the rarity of their coins. Rarer coins tend to be more sought after, thereby commanding higher prices in the market. Collectors should consider these factors when evaluating their coins or making new acquisitions.
Can You Find a 1949 Washington Silver Quarter for Sale?
To find a 1949 Washington Silver Quarter for sale, visit numismatic shops or online marketplaces such as eBay. Accurate Precious Metals is a reputable dealer. You can buy or sell Washington quarters there. However, they do not offer storage for metal products.
It’s essential to verify the coin’s authenticity and grade before making a purchase. Checking against databases like the PCGS Coin Facts can provide additional assurance. Collecting coins from trusted sources ensures that you are getting genuine and high-quality pieces.
How to Properly Store and Care for Your 1949 Washington Silver Quarter
Proper storage is crucial to maintaining the condition and value of your 1949 Washington Silver Quarter. Use coin holders or albums free of PVC to avoid potential chemical reactions that could damage the coin’s surface.
Store your coins in a cool, dry place to prevent tarnishing or corrosion. Accurate Precious Metals does not offer storage now, but it might in the future. This would provide collectors with a secure way to safeguard their investments.
Auction and Sale Prices for the 1949 Washington Silver Quarter
Auction houses like Heritage Auctions often provide platforms for the sale of rare and valuable coins. It’s common to find 1949 Washington Silver Quarters in various grades at auction, often fetching competitive prices.
A recent auction might see a 1949-D Washington Silver Quarter in MS-65 grade sell for several hundred dollars. Numismatic auctions can be a great way to purchase or sell high-grade and rare coins, offering visibility and competitive bidding.
Frequently Asked Questions About the 1949 Washington Silver Quarter
What Makes the 1949 Washington Silver Quarter Valuable?
The coin’s silver content, historical context, and varying mintages contribute to its value. Collectors particularly seek higher-grade and rarer mint mark variants, such as the 1949-D Washington Silver Quarter.
How Can I Determine the Value of My 1949 Quarter?
To determine your coin’s value, consider its grade, mint mark, and overall condition. Utilizing resources like the PCGS price guide and consulting with dealers like Accurate Precious Metals can provide a clear estimate of your coin’s worth.
Is It Worth Getting My 1949 Washington Silver Quarter Graded?
Grading can enhance the coin’s value by providing certified authenticity and condition assessment. Services like PCGS and NGC offer reliable grading, giving you confidence in your coin’s market value.
Where Can I Buy a 1949 Washington Silver Quarter?
Purchasing from reputable dealers such as Accurate Precious Metals ensures you receive genuine and accurately graded coins. Online marketplaces and numismatic shops also offer options, but due diligence is essential to verify authenticity.
How Do I Store My 1949 Washington Silver Quarter?
Avoid exposing the coin to extreme temperatures and humidity. Use acid-free holders and store them in a climate-controlled environment. Though Accurate Precious Metals doesn’t offer storage now, they may provide this service in the future.
Conclusion
In summary, the 1949 Washington Silver Quarter is a noteworthy coin that combines historical value with material worth. Collectors and investors alike find appeal in its silver content, design attributed to John Flanagan, and varying mint marks. Understanding the value, grading criteria, and proper storage methods can greatly enhance your coin collection.
- The 1949 Washington Silver Quarter is primarily made from 90% silver.
- John Flanagan’s design features Washington’s bust and an eagle on the reverse.
- Mint marks significantly affect the coin’s value, with the 1949-D variant being more sought after.
- Certified grading enhances the coin’s market value and assures authenticity.
- Reputable dealers like Accurate Precious Metals offer buying and selling platforms.
- Proper storage is crucial to maintain the coin’s condition and prevent damage.
- Auctions can provide competitive pricing for rare and high-grade coins.
Sources
PCGS. “1949 Washington Quarter.“ PCGS CoinFacts, 2023, www.pcgs.com.
Heritage Auctions. “1949-D Washington Quarter.“ Heritage Auctions, 2023, www.ha.com.
Numismatic Guaranty Company. “Washington Quarters.“ NGC, 2023, www.ngccoin.com.
