The Washington Quarter is one of the most iconic pieces of American coinage ever produced. With that said, the Washington Quarters being produced today are a bit different from the ones that collectors are trying to get their hands on. Pre-1965 Quarters are the hot ticket item for collectors and are constantly being bought up.
For collectors, the goal when buying old quarters is to find the best possible piece on the market. Because there are only a few well-preserved coins still in existence, collectors are up against it when it comes to purchasing well-preserved quarters. As time moves on, there will only be fewer and fewer available.
If you are in possession of a coin that is more than 50 years old, the first thing you need to do is assess the overall condition of the coin. This is what collectors do because they want to find the coins that are in the best possible condition. By carefully analyzing the surfaces of these pieces, collectors determine whether a given coin is worth purchasing or not.
Under normal circumstances a coin will be sent away to a professional company to have its condition judged. Knowing that not everyone can afford to do this, we have provided below the different specifications attached to different coin grades.
Uncirculated: A coin that is determined to be of Uncirculated grade is one that has spent absolutely no time in circulation. These pieces will have their imagery and texture preserved such that the coin will be extremely pleasing from an aesthetic point of view. For collectors, these are the most desirable Washington Quarters but also some of the most expensive.
Extremely Fine: A coin that is given the Extremely Fine grade are those that spent only a very short period of time being circulated. These coins will have had some surface damage occur, but for the most part will appear to be pristine. Any collector would be ecstatic to add one of these coins to their collection.
Fine: If a coin is determined to be of Fine grade this means that the coin was circulated extensively but not extremely damaged during that time. You will notice that the surface has been worn down through the exchanging of hands over the years, but the wear you will find is nothing major.
Good: A coin that is determined to be of Good grade has most definitely seen its better days. These coins will have been extremely heavily circulated and will play host to all sorts of damage. Though not in the best condition, collectors are constantly buying these pieces because they are inexpensive ways to build out a complete collection.
When it comes to the Washington Quarter, determining a price is as easy as assessing the condition the coin is in and the type of coin you own. Naturally, those that have been well-preserved are going to sell for higher prices. Listed below is a chart that is aimed at giving you a better idea of what you might be asked to pay for a Washington Quarter given its condition and type.
1963 Washington Quarter
|1963 Washington Quarter||N/A||N/A||$7||$8|
|1963 Washington Quarter (D)||N/A||N/A||$7||$8||Source: Red Book|