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What is the Value of a 1946 Washington Quarter Silver Coin

Accurate Precious Metals

July 5, 2024

The 1946 Washington Quarter Silver Coin is an intriguing subject for both seasoned numismatists and casual collectors. With its rich history and substantial silver content, this coin is highly sought after in the coin-collecting community. This article dives into the attributes that define the value of the 1946 Washington Quarter. It is a must-read for anyone looking to understand the investment or the charm of historical U.S. currency.

What Makes the 1946 Washington Quarter Special?

The 1946 Washington Quarter holds significant historical importance. It is a post-war coin and one of the first quarters minted after World War II. Its composition consists of 90% silver and 10% copper, which makes it valuable not just to collectors but also to bullion investors. Furthermore, the coin’s relatively high mintage of 53,190,000 units makes it readily available, yet it doesn’t compromise on its collectible value.

This quarter also belongs to the long-running Washington Quarter series, which began in 1932 and continues to this day. This context amplifies the coin’s allure for collectors who specialize in Washington Quarters or U.S. coinage from the mid-20th century.

Understanding Coin Grading and Its Impact on Value

The grade of a 1946 Washington Quarter plays a crucial role in determining its value. Coins are graded on the Sheldon Scale, which ranges from 1 to 70, with higher numbers indicating a coin in better condition. For example, a ’60 or better’ grade indicates a coin with minimal wear, while a ’65 or better’ grade represents an almost uncirculated coin.

Professional Coin Grading Service (PCGS) offers certification services. They authenticate and grade coins, providing a trusted measure of their condition. Due to the reliability and uniformity of the grading standards, PCGS-certified coins often fetch higher prices at auctions.

Where to Buy or Sell 1946 Washington Quarters?

If you’re looking to buy or sell a 1946 Washington Quarter, Accurate Precious Metals is a reputable dealer you should consider. They offer transparent pricing and a wide inventory of both graded and ungraded coins. Accurate Precious Metals does not offer free shipping unless your order is big enough. However, their speed and customer service make them a top choice for numismatic transactions.

Selling through Accurate Precious Metals ensures that you receive fair market value for your coin, thanks to their expertise in assessing the value of collectible coins.

How Does the Mint Mark Affect the Value?

Mint marks are small letters on the coin that indicate where it was minted. The 1946 Washington Quarter primarily comes from three mints: Philadelphia (no mint mark), Denver (‘D’ mint mark), and San Francisco (‘S mint mark). The mint mark can significantly influence the coin’s value.

The Philadelphia mint produced the majority of these quarters, making them more common. In contrast, coins from the Denver mint (1946-D) and San Francisco mint (1946-S) can be rarer and potentially more valuable, especially in higher grades or with unique die varieties.

1946 Washington Quarter Value Chart: A Comprehensive Guide

Value charts are essential for understanding how different factors like grade, mint mark, and rarity affect the price of a coin. For instance, a 1946 Washington Quarter graded ‘Extremely Fine might be worth between $6 and $10, while an uncirculated coin could fetch upwards of $20 or more.

Consulting price guide values and auction listings can provide further clarity. Sites like PCGS offer detailed databases and census data to help collectors and investors gauge the current market trends for 1946 Washington Quarters.

Historical Significance of the 1946 Washington Quarter

This coin was minted shortly after World War II, during a period of economic recovery and growth in the United States. The 1946 Washington Quarter symbolizes a return to normalcy and prosperity, encapsulating a pivotal moment in American history.

Additionally, the Washington Quarter series honors George Washington, the first President of the United States. His legacy makes this series popular among coin collectors and history buffs.

Common Queries About the 1946 Washington Quarter

Collectors often have numerous questions regarding this coin. Here are some frequently asked questions:

Is the 1946 Washington Quarter Rare?

While it is not the rarest of the Washington Quarters, certain variations and higher grades can be considered rare. Coins minted in Denver or San Francisco are generally less common than those minted in Philadelphia.

PCGS rarity scales and census data are better for measuring rarity. They give valuable context for understanding this coin’s place among other Washington Quarters.

Understanding the 1946-D and 1946-S Variants

The 1946-D and 1946-S variants refer to coins minted in Denver and San Francisco, respectively. The ‘D and ‘S mint marks distinguish these coins from those produced in Philadelphia, and they are often more valuable due to their lower mintages.

A 1946-D or 1946-S Washington Quarter in uncirculated condition can be particularly valuable, making them worth seeking out for any serious collector.

The Role of PCGS in Valuing the 1946 Washington Quarter

Professional Coin Grading Service (PCGS) plays a pivotal role in determining the value of the 1946 Washington Quarter. PCGS grades coins based on the Sheldon Scale, providing a standardized measure of their condition. Coins certified by PCGS often sell for higher prices due to the trust and credibility associated with their grading.

Additionally, PCGS has large databases and price guides. These offer insight into historical pricing trends, making them invaluable for both buyers and sellers.

Should You Invest in the 1946 Washington Quarter?

Investing in the 1946 Washington Quarter can be a lucrative move, given its silver content and historical significance. As with any investment, understanding market trends and consulting reliable price guides is crucial.

Whether you are a seasoned numismatist or a casual collector, the 1946 Washington Quarter offers an appealing blend of historical charm and tangible value. Consider Accurate Precious Metals for buying and selling. Their expertise ensures fair market prices and a smooth process.

FAQs About the 1946 Washington Quarter

What is the Composition of the 1946 Washington Quarter?

The 1946 Washington Quarter is composed of 90% silver and 10% copper. Its silver content gives it intrinsic value, making it appealing not only to numismatists but also to investors in precious metals.

How Can I Identify the Mint Mark on a 1946 Washington Quarter?

The mint mark on a 1946 Washington Quarter can be found on the reverse side of the coin, just below the eagle. It could be either a ‘D for Denver or an ‘S for San Francisco. Quarters from the Philadelphia mint will have no mint mark.

Do Proof Coins Exist for the 1946 Washington Quarter?

No proof coins exist for the 1946 Washington Quarter, as proof coinage for Washington Quarters resumed only in 1950. This makes it easier for collectors to focus on regular strike coins when collecting the 1946 Washington Quarters.

What Should I Look for When Buying a 1946 Washington Quarter?

When buying a 1946 Washington Quarter, consider its grade, mint mark, and any signs of wear. PCGS-certified coins offer a reliable measure of quality, ensuring that you are getting what you pay for. Accurate Precious Metals is a credible dealer you can rely on for your purchases.

What Is the Typical Value Range for a 1946 Washington Quarter?

The value of a 1946 Washington Quarter can range from $6 to over $50, depending on its grade and mint mark. Higher-grade coins and those with a Denver or San Francisco mint mark generally command higher prices.

Conclusion: Key Takeaways

  • The 1946 Washington Quarter holds significant historical and collectible value.
  • Grading, mint marks, and conditions largely determine the coin’s value.
  • Accurate Precious Metals is a recommended dealer for buying or selling these quarters.
  • Understanding market trends and consulting reliable resources like PCGS can aid in making informed decisions.
  • Knowledge of the coin’s composition and historical context can further enhance its appeal to collectors and investors.

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