The Washington Quarter is one of the most recognizable pieces of US coinage ever produced. First making an appearance in the early 1900s, this coin is still in production today, though today’s version differs greatly from the coins produced earlier in the 20th century.
For collectors, these coins are valuable not only because of their historical significance, but also because they are some of the last US coins to have been minted with silver content. In all reality, these coins are sought after by collectors in only the finest condition, but because of their age it is not always so easy to find well-preserved pieces.
When it comes to a coin that is decades old, a collector will first and foremost concern themselves with the condition the coin is in. No one wants to add a poorly preserved piece to their collection, so it only follows that collectors will carefully analyze every aspect of the coin’s surfaces looking for any and all imperfections.
Normally, a collector who would like to know the exact condition of his or her coins will send them away for grading at the hand of a professional company. We understand that not everyone has the money to have their coins graded, so below exists an outline that explains the different characteristics of graded coins.
Uncirculated: As its name implies, an Uncirculated Washington Quarter is one that never spent any time changing hands. These coins have been extremely well-preserved and are of the highest aesthetic quality. Naturally, these beautiful pieces are the most sought after by collectors, but are also some of the most expensive.
Extremely Fine: An Extremely Fine Washington Quarter is one that spent only a limited amount of time in circulation. Apart from some light scratching and other very minor imperfections, these coins will appear to be in excellent condition—and they are. As expected, collectors also jump at the opportunity to get their hands on these coins as well.
Fine: A coin that is graded as being Fine is one that was circulated for quite some time, but is still in pretty decent shape. These coins will be complete with plenty of light scratching and other surface wear, but imagery and inscriptions on the coin will easy be able to be made out. All in all, these coins are in decent shape.
Good: Good is the lowest grade a coin can receive, and as you might expect those that fall under this grade are in rough shape. From deep scratching to other major imperfections such as bending and chipping, Washington Quarters of this grade will very clearly show their age.
One of the biggest challenges for coin collectors is figuring out how much exactly they should be paying for a given coin. When it comes to the 1949 Washington Quarter, there are a few different things you must pay attention to. First, collectors are very much concerned with the condition of these coins, so the shape it is in will most assuredly affect the price. In addition, there were multiple versions of the Washington Quarter produced every year, so the exact type of Quarter you have will also help determine price. The chart below will serve to help you better understand just what exactly you might be asked to pay for a Washington Quarter given its type and condition.
1949 Washington Quarter
|1949 Washington Quarter||N/A||N/A||$10||$14|
|1949 Washington Quarter (D)||N/A||N/A||$8||$12||Source: Red Book|