Of all US coins, the Washington Quarter is one of the most unique seeing as it was revolutionary when it was first introduced, and is still being produced today. This coin has historical significance, but is even more interesting due to the fact that it was produced with silver in it. No longer are US coins produced with silver, so that makes these especially popular amongst collectors.
For collectors, the number one goal is to add well-preserved coins to a collection. Because these coins are so old, it is not so easy to find them in excellent condition. This is the number one challenge for collectors when it comes to any coins.
If you are talking about the 1945 Washington Quarter, the first concern amongst collectors is the condition the coin is in. As you can imagine, a coin from 1945 has been subjected to a lot of damage over the years. For this reason, collectors are always going to first analyze the overall condition of the coin.
Normally, a coin needing of inspection is then sent away to a coin-grading company. Understanding that not everyone has the money and time to send their coins away for grading, we have provided below an outline that defines the different coin grades and the associated characteristics.
Uncirculated: A coin that is graded as being Uncirculated is one that has spent all of its life under lock and key. Thanks to this, these coins have been extremely well-preserved and show no signs of damage whatsoever. With nice shine and a lot of texture, you will be convinced that these coins were just minted.
Extremely Fine: An Extremely Fine Quarter is one that was circulated for only a very limited amount of time. These coins will show some light signs of wear, but will, for the most part, be perfectly intact. Even the coin’s texture will have been preserved despite it being circulated. All in all, these coins are quite attractive to collectors of all types.
Fine: A coin that receives a grade of Fine is one that spent a decent amount of time in circulation and has incurred a good amount of damage along the way. Apart from some light scratching, this coin will also be complete with plenty of other small imperfections. For coin collectors, these coins are still great additions to new or existing collections.
Good: Good is a grade that is also a misnomer. These coins are in pretty rough shape and quite aptly show their age. From bending to heavy scratching and just about anything in between, these coins are home to a wide variety of different types of damage. Though affordable, these are not necessarily the first coins a collector would like to add to their collection.
If you would like to assign a price to the 1945 Washington Quarter, you must take into consideration a few different factors. For one, the condition of the coin means everything to collectors and thus the more well preserved the coin is the higher price it will sell for. In addition, because different types of Quarters were minted every year, the exact type of coin you own will play into the price you pay for it. Below is a chart aimed at giving you a better understanding of what you may be asked to pay for a 1945 Washington Quarter given its condition and type.
1945 Washington Quarter
|1945 Washington Quarter||N/A||N/A||$7.50||$8|
|1945 Washington Quarter (D)||N/A||N/A||$8||$12|
|1945 Washington Quarter (S)||N/A||N/A||$7.50||$8||Source: Red Book|