1937 Quarter Coin Value holds a special place in the hearts of American coin collectors and numismatists. As part of the iconic Washington Quarter series, this small silver coin provides a fascinating glimpse into the economic and social landscape of the United States during a pivotal time in history.
With its distinct design features and intriguing varieties, the 1937 Quarter Coin Value is a captivating collectible. In this comprehensive guide, we will delve into the rich history, valuable attributes, and expert grading insights that make this coin a sought-after treasure for both casual hobbyists and seasoned numismatic enthusiasts.
Mint Marks and Coin Values
1937 No Mint Mark Quarter
The most common 1937 Washington quarter is the Philadelphia Mint issue, which bears no mint mark. With a mintage of over 105 million pieces, these “no mint mark” quarters are generally the most affordable and accessible for collectors.
In circulated grades, a typical 1937 no mint mark quarter in Good (G-4) condition can be purchased for around $1 to $3. In higher grades, such as Very Fine (VF-20) or Extremely Fine (EF-40), the value can range from $5 to $15. For coins graded Mint State (MS-60) to Mint State (MS-65), the value can climb significantly, with MS-65 specimens fetching between $75 and $150.
1937-D Quarter
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The 1937-D quarter, produced at the Denver Mint, has a lower mintage of just over 17 million coins. This relatively scarce issue is highly sought after by collectors, particularly in better-preserved condition.
In circulated grades, a 1937-D quarter in Good (G-4) condition is valued at about $3 to $5. In higher grades, such as Very Fine (VF-20) or Extremely Fine (EF-40), the value can range from $10 to $25. For Mint State (MS-60) to Mint State (MS-65) examples, the value can reach $100 to $300, depending on the level of preservation and eye appeal.
1937-S Quarter
The 1937-S quarter, produced at the San Francisco Mint, has a mintage of just over 5.3 million coins, making it the scarcest of the 1937 Washington quarter varieties. This low mintage, combined with the high collector demand, has driven up the value of this particular issue.
In circulated grades, a 1937-S quarter in Good (G-4) condition can be valued at approximately $5 to $10. In higher grades, such as Very Fine (VF-20) or Extremely Fine (EF-40), the value can range from $15 to $50. For Mint State (MS-60) to Mint State (MS-65) examples, the value can reach $150 to $500, with the most valuable and well-preserved specimens potentially exceeding $1,000.
Rare Varieties and Errors
1937 Quarter Die Cracks
Die cracks are an intriguing variety found on 1937 Washington quarters. These cracks, which form on the coin’s surface due to stress and wear on the dies used to strike the coins, can create unique and valuable varieties.
Some notable 1937 Quarter Coin Value die crack varieties include:
- Prominent Obverse Die Crack – This crack runs from the rim, through the date, and up to the eagle’s beak. Examples in Mint State condition can fetch $100 or more.
- Reverse Die Crack – A crack that extends from the rim, through the “E” in “UNITED”, and down to the left wing of the eagle. These can sell for $50 to $150 in high grades.
- Crisscross Die Cracks – A combination of multiple die cracks intersecting on both the obverse and reverse, creating a distinctive “spider web” pattern. These are highly prized by collectors and can command prices of $200 or more.
1937 Quarter Cuds
Cuds are another type of mint error found on 1937 Washington quarters. These occur when a portion of the coin’s rim and design breaks off the die, resulting in a flat, missing area on the struck coin.
Cud varieties on 1937 quarters are scarce and can be quite valuable. A 1937 quarter with a prominent cud on the obverse, for example, could sell for $150 to $300 or more, depending on the size and location of the cud.
1937 Quarter Clipped Planchet Errors
Clipped planchet errors occur when the circular blank metal disk, called a planchet, is improperly cut, resulting in a coin missing a segment of the rim and design.
While not as rare as some other 1937 quarter errors, clipped planchet examples can still be highly collectible. Depending on the size and location of the clip, a 1937 quarter with this error may be worth $50 to $150 or more in well-preserved condition.
1937 Quarter Off-Center Strikes
Off-center strikes happen when the planchet isn’t properly aligned in the coining press, causing the design to be partially struck off the coin’s surface.
These dramatic 1937 quarter errors can be quite scarce and valuable. A 1937 quarter with a 50% off-center strike could sell for $100 to $300 or more, depending on the extent of the maladjustment and the coin’s overall condition.
1937 Quarter Double Die Errors
Double die errors occur when the design strikes the coin twice, creating noticeable doubling of elements on the obverse or reverse.
While not as common as some other 1937 quarter error types, double die varieties can still be found and are highly prized by collectors. A well-defined 1937 quarter double die error could sell for $200 to $500 or more in high grade.
1937 Quarter Lamination Errors
Lamination errors occur when the coin’s surface delaminates or peels away, creating a distinct “layered” appearance. This can happen due to impurities in the metal or improper annealing during the minting process.
Although not as visually striking as other 1937 quarter errors, lamination errors are relatively scarce and can be valued at $50 to $150 or more, depending on the defect’s severity and the coin’s condition.
Grading and Condition
Proper grading is essential when determining the value of a 1937 Washington quarter. The coin’s condition, as assessed by professional grading services, is the primary factor that drives its worth in the numismatic marketplace.
Here is a detailed grading scale for 1937 quarters:
| Grade | Description | Approximate Value |
| Good (G-4) | Heavily worn, with significant detail loss and surface damage. | $1 – $3 |
| Very Good (VG-8) | Moderately worn, with some design details still visible. | $3 – $5 |
| Fine (F-12) | Lightly worn, with most design details still present. | $5 – $10 |
| Very Fine (VF-20) | Minimal wear, with well-defined design features. | $10 – $25 |
| Extremely Fine (EF-40) | Minimal circulation wear, with sharp details and luster. | $25 – $50 |
| About Uncirculated (AU-50) | Virtually unworn, with only slight handling marks. | $50 – $100 |
| Mint State (MS-60) | Uncirculated, with minimal bag marks and full luster. | $75 – $150 |
| Mint State (MS-63) | Uncirculated, with average mint luster and appearance. | $100 – $250 |
| Mint State (MS-65) | Uncirculated, with exceptional luster and eye appeal. | $150 – $500 |
It is important to note that the values provided are general guidelines and can vary significantly based on market conditions, the specific coin’s eye appeal, and any unique varieties or errors present.
Where to Sell Your 1937 Quarter Coin Value
If you want to sell a 1937 quarter, consider exploring several avenues:
Coin Dealers and Shops
Reputable local and online coin dealers are a great option for selling your 1937 quarter. These professionals can accurately grade your coin and offer a fair market price based on its condition and any unique characteristics.
Auction Houses
Auction houses, both online and traditional, can be an effective way to sell your 1937 quarter, especially if it is a rare or high-grade example. These venues allow for competitive bidding, which can drive up the final sale price.
Online Marketplaces
You can also sell your 1937 quarter on platforms like eBay and specialized numismatic websites. However, it is crucial to research pricing, understand grading standards, and take precautions to ensure a safe and successful transaction.
Collector Groups and Forums
Engaging with online collector communities, like coin forums and social media groups, connects you with potential buyers interested in 1937 quarters who might offer premium prices.
Regardless of the sales channel you choose, it is essential to have your 1937 quarter professionally graded by a respected third-party grading service, such as PCGS or NGC. This will help ensure you receive the best possible price for your coin.
FAQs 1937 Quarter Coin Value
- What is the error on the 1937 quarter?
The 1937 quarter features several notable error varieties, including die cracks, cuds, clipped planchets, off-center strikes, double dies, and lamination errors. These rare and valuable errors can significantly increase the worth of a 1937 quarter, depending on the specific defect and the coin’s overall condition. - How rare is a 1937 quarter?
The rarity of a 1937 quarter depends on the specific variety and mint mark. The Philadelphia Mint (no mint mark) issue is the most common, with a mintage of over 105 million coins. The 1937-D quarter, produced at the Denver Mint, is relatively scarce with a mintage of just over 17 million. The 1937-S quarter, minted in San Francisco, is the rarest of the three, with a mintage of just 5.3 million. - How do I know if my 1937 quarter is worth anything?
To determine the value of your 1937 quarter, you should first have it professionally graded by a respected third-party grading service, such as PCGS or NGC.The coin’s condition, as assessed by the grading scale, is the primary factor that drives its worth in the numismatic marketplace. Additionally, you should check for any rare varieties or errors, as these can significantly increase the value of the coin. - Where is the mint mark on a 1937 coin?
You can find the mint mark on the reverse (tails) side of a 1937 Washington quarter, just below the eagle. The “D” mint mark indicates production at the Denver Mint, while the “S” mint mark signifies the San Francisco Mint.. Coins without a mint mark come from the Philadelphia Mint.
Conclusion
The 1937 Washington quarter, a captivating coin, enchants collectors with its unique design and intriguing varieties, reflecting the economic.
Whether you are a seasoned collector or a newcomer to the hobby, the 1937 quarter is a must-have addition to any numismatic collection.
By understanding the key details, values, and grading standards associated with this iconic coin, you can unlock the full potential of your numismatic treasures and share in the rich legacy of the Washington Quarter series.
Oliver Leo is an experienced blogger who explores the unusual and fascinating aspects of life. With a passion for adventure and discovery, he dives deep into topics like Dumpster Diving, Metal Detecting, and Coin Collecting, sharing his knowledge and insights on Bizarre Fancies.
