1935 Quarter Coin Value: How Much Is It Worth?
Did you discover a 1935 quarter in your coin collection? Perhaps someone gifted you this coin immortalizing the country’s first president, President George Washington?
Whatever the case, your 1935 quarter might be worth hundreds or thousands of dollars, depending on its condition. In mint state, the 1935 quarter can fetch some good money.
Curious to find out whether your 1935 quarter is worth anything? You’ve come to the right place. I will explain everything you need to know about the 1935 quarter value.
Let’s get started!
1935 Quarter Value Chart |
||||
Mint mark | Good | Fine | Extremely Fine | Uncirculated |
1935 No-mint mark Quarter | $8 | $10 | $15 | $7,200 |
1935-D Quarter | $10 | $17.50 | $60 | $9,775 |
1935-S Quarter | $8 | $12.50 | $25 | $6,900 |
1935 Quarter Value Guides
The value of your 1935 quarter will depend on factors such as the coin’s condition, grade, mintmark, and mintage. There are three varieties of the coin, each with its own numismatic value. The coin varieties include:
- The 1935 No-mintmark Quarter
- The 1935-D Quarter
- The 1935-S Quarter
Let’s look at the value of each coin:
1935 No-Mint mark Quarter Value
Washington quarters struck in Philadelphia in 1935 do not have a mintmark. That year, an estimated 32,484,000 quarters were minted, making this coin easily available in circulated condition and mint state too.
Like most 1930 silver coins, the 1935-P Quarter was generally well-struck, with many examples in gem condition.
Mint state pieces up to MS65 are readily available at pocket-friendly prices, but anything above that becomes rare.
Early issues of the 1932 quarter are brilliant and silky, with frosted lustre being a common feature of these coins. That year, the mints used broad, deep rims on the reverse, resulting in Light Motto quarters.
In circulated condition, 1935 quarters can fetch between $7.50 and $30, with those graded extra-fine (XF) selling for at least $15 and $9 for one graded Very Good (VG).
The finest example of a 1935-P quarter value is graded MS68 and sold for $7,200 in 2021.
1935-D Quarter Value
The quarters minted in Denver in 1935 spot a D mintmark on the reverse. The number of coins minted at the facility that year was seven times less than those minted in Philadelphia; at 5,780,000, the 1935-D Quarter boasts one of the lowest mileages in the entire series.
Circulated examples are plentiful, but gems are relatively scarce and typically command a premium price. Bright white gems are rare, but there are a few certified examples.
These coins feature a large D mintmark, a departure from previous years where small mintmarks were used. They also feature a medium motto design on the obverse.
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In circulated condition, you can lay your hands on a 1935-D quarter for about $8, but the value of an extra fine (XF) quarter rises exponentially to $60 and $210 for one graded About Uncirculated (AU)58.
1935-D Washington quarters in mint state attract a premium, with one graded at MS61 fetching $260 and one graded at MS67 can fetch up to $6500.
In 2003, a PCGS-certified 1935-D quarter-graded MS67 sold for a whopping $9,775.
1935-S Quarter Value
The date 1935 was also a low-mintage one for quarters minted at the San Francisco presses. With only 5,660,000 coins struck here, the mintage was seven times lower than the Philadelphia one and slightly lower than the number in Denver.
The quarters struck in San Francisco are generally well-struck, and thanks to proper preservation, uncirculated examples in pretty good shape are easy to access at a reasonable price.
That said, the 1935-S is still among the rarest in the Washington quarter dollars in gem condition. Its rarity is incomparable to the 1932-S, but it would be accurate to say that the 1935-S Quarter is the second-rarest in the entire series.
These coins display a Medium Motto obverse design. As mentioned, a sizeable number of gems satisfy collectors’ appetites. But do not be surprised if you come across seemingly gem-state coins with signs of die erosion due to the prolonged use of worn dies.
When collecting, it is best to look for coins with smooth fields, as these are worth more than those with a rougher surface.
In circulated condition, you can obtain a nice 1935-S quarter for about $7.50. Coins graded Extra Fine (XF) is worth as much as $25, and $85 for those graded About Uncirculated (AU)58.
Mint state uncirculated gems start from $105 but can fetch as much as $140 for MS63 and $1,775, for example, graded MS67.
The finest example was graded MS67, sold at auction for $9,200. As mentioned, the value of your 1935 quarter can vary drastically, as is the case with the 1935-S issues. The reason for this is the varying condition of the coins coupled with a generally low mintage in the entire series.
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1935 Quarter Errors
Coin striking in the 1930s was generally of high quality, with the coins coming out with a brilliant luster, clean, deep lines, and frosted surfaces. As a result, there are few known errors in the Washington quarters series, including those minted in 1935.
Here’s a look at a few of the common errors
1935 Quarter Doubled Die Obverse
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Doubled die errors are common across the Washington quarters series. But due to the well-done striking job, these errors are typically subtle and do not usually attract a premium.
A doubled die error happens due to a misalignment in the hubbing process. During this process, the hub transfers the coin design onto the die, striking the die several times for all the design elements to be transferred to the die.
Sometimes, during the process, the hub might strike the die at slightly different angles so that the design might appear twice, thrice or even more on the die. When the die strikes the blank coin planchet, the design transferred to the planchet appears doubled or tripled.
A double die obverse (DDO) error infers that the doubling appears on the coin’s obverse or front side. In the 1935 quarter, the doubling is noticeable in the date and some of Washington’s facial features.
There is also a bit of doubling in the motto IN GOD WE TRUST. Of course, not all coins demonstrate this doubling, and most are perfectly struck.
A 1935-P quarter with a DDO error was graded MS64. It sold for $25 in 2019.
1935 Quarter Broadstruck Out of Collar
Because all three mints took considerable care when pressing the coins, there are only a few examples of broadstruck errors in this series, including for the date 1935.
A broad strike happens when the hubbing machinery strikes the coin outside its retaining collar. This scenario will typically make the coin expand beyond the collar and more than its usual diameter.
This error is observable among 1935-P quarters where the broadstrike appears on the left while the portion where the hub did not strike is extremely wide, especially around the 3 O’clock area of the coin.
While Washington’s hair appears soft and the eagle on the reverse is well-struck, some elements, such as the portrait’s truncation, are distorted and hidden in a stubborn patina colored golden brown and green.
Because of how dramatic it can be, a broad strike error can fetch up to $50 in MS61.
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History of the 1935 Quarter
The 1935 quarter belongs to the Washington quarter series, the longest-running con series in United States history.
The modern-day quarter dollar was a commemorative coin struck to celebrate the bicentennial birth anniversary of George Washington, the country’s first president.
The Treasury and the Congress-created Washington Bicentennial Committee and Commission of Fine Arts sought to strike a commemorative half dollar in honor of President Washington.
The Committee launched a design competition, requiring artists to base their designs on the sculpture of celebrated artist and sculptor Jean Antoine Houdon. In the end, the Committee received 100 designs, but most were of poor quality, except that experienced coin designer Laura Gardin Fraser submitted. The Committee and Commission unanimously agreed to commission Fraser to do the medal and coin design for the new half-dollar.
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However, before Fraser could begin work on the new design, lawmakers agreed that instead of changing the half-dollar, they’d change the quarter featuring the Standing Liberty design. Another ”obstacle” the Commission and Committee faced was Treasury Secretary Andrew Mellon. Mellon disapproved of Fraser’s designs, instead preferring John Flanagan’s designs.
Flanagan’s designs won the day, and minting of the new coins began immediately. By August 1, 1932, the new Washington quarters entered circulation, and the Mint continued striking the silver coins until 2021.
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How to Identify the 1935 Quarter?
In this section, we’ll look at the attributes of the 1935 quarter so you can know what to look for to determine if your Washington quarter is worth anything.
The Obverse of the 1935 Quarter
The obverse is the coin’s top-facing side, also known as the heads. In a 1935 Washington quarter, the obverse features the left-facing portrait of President George Washington with his hair tied in a low ponytail at the back of his neck.
The word LIBERTY appears around the top of the coin, while the date is etched around the bottom. The motto: IN GOD WE TRUST, is inscribed on the left adjacent to the portrait’s neck.
The Reverse of the 1935 Quarter
The reverse, also known as tails, is the coin’s back side. The 1935 quarter features the left-facing bald eagle with its wings spread out.
The eagle is perched on a bunch of arrows representing readiness to defend the United States. There is also an olive branch under the arrows the eagle is holding, representing peace, a desired state during the pre and post-war eras.
The motto E PLURIBUS ENUM appears at the top of the eagle’s head. The words UNITED STATES OF AMERICA appear around the coin’s top edge, while the denomination, QUARTER DOLLAR, is etched around the coin’s edge.
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Other features of the 1935 Quarter
Like other coins in the series, the 1935 Washington quarters comprise 90% silver and 10 percent copper.
The coin has a reeded edge, weighs 6.30 grams and measures 24.30 millimetres in diameter.
The Philadelphia, Denver, and San Francisco minting presses struck Washington quarters in 1935. The Denver and San Francisco coins feature mintmark D and S, respectively, while those in Philadelphia do not have a mintmark.
The mintmark appears on the reverse, underneath where the two olive branches tie together.
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Is a quarter from 1935 worth anything?
Indeed, a Washing quarter is worth more than its face value, which is always good news for any collector. With more than 45 million of these coins produced since 1932, the 1935 Washington is quite common in circulated condition, and you can obtain it at a reasonable price. Your 1935 quarter is generally worth between $7.50 and $30, but it can fetch thousands of dollars in gem state.
How much silver is in a 1935 quarter?
Until 1964, all coins, including the ones minted in 1935, were made of 90 percent silver and 10 percent copper. Contrary to what some may say, all the 1935 quarters minted in all three facilities are silver with a copper core. However, the melt value for the amount of silver in this coin is only about $4.45, so melting your silver coins for the precious metal is not worth it.
What is the mintmark on a 1935 quarter?
The 1935 quarters from Denver have a mint mark D, and those minted in San Francisco have a mintmark S on the reverse underneath the spot where the two olive branches tie together. Those struck in Philadelphia do not have any mintmark.
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my 1935 p rim is worn quite abit. the rim on the obverse side is very strong and deep as new at least. could this be a broadstrike?