1962 Quarter Value, Features, Types, Error, & Mint mark

The Washington quarters were made in 1932 to celebrate the birthday of the first US president, George Washington. They are 25-cent coins that were made after replacing the Liberty quarters. Washington quarters are silver coins that were made in 1964. The 1962 quarters are also silver quarters that come with different values based on grade and condition.

In this post, we will cover historical features, types of errors, and other factors that help find the value of quarters. Let’s get started with How Much 1962 quarters.

1962 Washington Quarters Value chart

1962 quarter Good Very Good Fine Very Fine Extremely Fine About Uncirculated Uncirculated Uncirculated Proof
1962 Washington Quarters
11 $10.52 $10.52 $10.52 $10.52 $12 $14 $21 $17
1962 D Washington Quarters
11 $10.52 $10.52 $10.52 $10.52 $12 $14 $24

1962 quarter value

History of the 1962 Quarter

At the starting time on USA coins, there were no photos of any president, since Washington wanted to avoid the monarchial culture in the nation. But when Lincoln pennies were made with photos of Lincoln president on the front side so US Mint decided to add photos of presidents on the coins. In a result presidential one-dollar series of coins were made from 2007 to 2020 and each coin has a photo of a certin president.

The photo of Washington’s president can be seen on a 1 dollar bill made in 1869, but the mint decided to add a photo on coin quarters in 1932 to celebrate the birthday of the president. The bicentennial committee decided to half a dollar for the president’s anniversary, but Congress asked to replace it with Standing Liberty Quarters. As a result, washing quarters started to mint.

The coin design was selected by John Flanagan. First it was decided to introduce Washington quarters for one year, then make standing liberty coins in 1933. But the new Washington quarters were liked by people who were still in circulation.

The Washington quarters are now in different grades and values. The quantity made by three different mints is as follows.

1962 quarter Mintage
1962 quarter 36,156,000
1962 proof quarter 3,218,019
1962 D quarter 127,554,756
Total 130,772,775

Features of the 1962 Washington Quarter

obverse of the 1962 Washington quarter

The front side of the coin has a photo of President Washington facing left and designer initials JF. The word LIBERTY is also written, and the motto IN GOD WE TRUST is also seen there. The coins also have a minting date.

Reverse of the 1962 Washington quarter

The backside of 1962 quarters comes with a bald USA eagle and has 13 arrows in its talons. That shows USA states in the union. Olive branches put below the eagle wings denote balance for denoting peace. The mint mark is also on this side. Country name: UNITED STATES OF AMERICA, also written with E PLURIBUS UNUM, meaning out of many. QUARTER DOLLAR denomination also added there.

Some other features of 1962 quarters are as

  • The face value of coins is 25 cents, and the shape is round.
  • The thickness of coins is 1.75 mm, with a diameter of 24.3.
  • The silver content is 5.623 grams, and the composition is 90 percent silver and ten percent copper.
  • The weight of coins is 6.25 grams with a reeded edge.

1962 quarter features

1962 Washington Quarter Varieties

962 D Washington Quarter 1962 P Washington Quarter
1962 P Proof Washington Quarter
Type: Washington quarter Washington quarter Washington quarter
Year of minting: 1962 1962 1962
Mint Mark: D D no mint no mint
Place of minting: Denver Denver Philadelphia Philadelphia
Quantity produced: 127,554,756 36,156,000 3,218,019
Face Value: $0.25 (twenty-five cents) $0.25 (twenty-five cents) $0.25 (twenty-five cents)
Price: $7 to $15 (or more) $7 to $16 $8 to $36 (or more)
Mass: 6.30 grams 6.30 grams 6.30 grams
Edge: Reeded Reeded Reeded
Designer: John Flanagan John Flanagan John Flanagan
Composition: 90% silver and 10% copper 90% silver and 10% copper 90% silver and 10% copper
Diameter: 24.3 millimeters 24.3 millimeters 24.3 millimeters
Thickness: 1.75 millimeters 1.75 millimeters 1.75 millimeters

1962 No Mint Mark Quarter Value

The Philadelphia Mint made 36,156,000 quarters in 1962. These coins do not have a mint mark. The coins in circulated conditions are about 8 dollars. The value of MS60-grade coins is about 11 dollars, and MS64, we can get them for 27 dollars. MS65-grade 1962 quarters not mint are about 30 dollars.

The MS66 grades are about 50 dollars, and MS67 we can get for about 2250 dollars. MS67+ grade coin sold for $11,456 in 2020, and one coin sold in 2022 for $5,760.

1962-D Quarter Value

The Denver mint made 127,554,756 quarters in 1962 with the D mint mark. These coins in circulation can get us about seven dollars. The uncirculated condition coins are about 100 dollars for good conditions, and low grades are about 12 dollars.

MS67 grade coins are about 3000 dollars. 1962 D quarter MS67 grade sold for 18400 dollars in 2012.

MS67+ grade coins have a value of 7000 dollars, and in 2022 these coins sold for 1920 dollars.

Country:
United States of America
Year of Issue: 1962
Weight: 6.25 g
Diameter: 24.30 mm
Edge: Reeded
OBV Designer: John Flanagan
REV Designer: John Flanagan
Quality: Business Strike
Denomination:
Quarter Dollar (25 Cents USD)
Mintmark: D (Denver)
Mintage: 127554756
Alloy:
.900 Silver, .100 Copper

Some of the most valuable 1962 quarters sold for are

1962 D quarter Price
PCGS MS67+ $5,280.00
PCGS MS67+ 7638
NGC MS67 $660
PCGS MS67 $9,400
PCGS MS67 $3,120
PCGS MS67 $1,680
NGC MS67 $780
PCGS MS67 $2,640
NGC MS67 $871.20
NGC MS67 $1,020
NGC MS67 $1,151
PCGS MS67 $15,275
NGC MS67 $1,110
PCGS MS67 $2,160
PCGS MS67 $3,840
PCGS MS67 $5,170
PCGS MS67 $4,758.75
PCGS MS67 $5,875
NGC MS67 $2,585

1962 (P) Proof Quarter Value

In 1962, the Philadelphia mint made 3,218,019 proof coins, and these coins were made for collectors. The proof coins have shiny and sharp designs and high value as compared to normal coins. At start these coins are made to place in storage and make sure that die does not come with any errors. After that they used it for collectors at high rates and mint earnings. There were Deep Cameo or Ultra Cameo graded coins made, 50 to 100 coins, and cameo grade. DCAm or Ulta Cam finish has proof coins. PR70 grade coin sold in 2002 for 240 dollars.

The PR60 grade coins are about 6 dollars, and PR69 grade are about 40 dollars. Some other grade-proof coins are as

Coin Grade Value
Ordinary Coins PR 65 $18
PR 69 $120
Cameo Contrast PR 65 $27
PR 66 $30
PR 67 $45.00
PR 68 $210.00
PR 69 $450.00
Deep Cameo Contrast (Rare) PR 70 $7,800.00 auction record

 1962 Quarter Errors List

Doubled die error

The double die error is the result when the die strikes two times on coins and makes a doubling effect on the coins. The doubling effect can be seen on coins, words, letters, and mint marks. The doubling effect can easily be seen on both sides of the coin, making 1962 Quarter DDO or DDR errors. In the front side, or DDO, error doubling effect can be seen in the words IN GOD WE TRUST. MS66+ grade coins sold in 2016 for 3290. The double-die reverse error coins are about 70 dollars. MS 66+ 1962-D DDO Quarter sold for $3,200.

RPM Error

The re-punched mint mark error occurs when the mint strikes double on coins and makes a re-re-punched mint mark. The Denver mint coins have an RPM error with a D/D 1962 quarter RPM error, and it sold for 144 dollars with an MS65 grade. 1962 MS 65 Washington RPM error coins sold in 2021 for 500 dollars.

What is the most valuable Washington quarter?

Valuable quarter Grade Type Mint Sold for Sold in
1932 MS 66 Silver Denver $143,750 2,008
1932 MS 66 Silver San Francisco $45,500 2020
1948 MS 68+ Silver Philadelphia $43,200 2021
1950 PR 68 Silver Proof $31,200.00 2022
1966 MS 68+ Clad Philadelphia $21,000.00 2023

How Much Is the 1962 Washington Quarter Worth?

quarter Condition Grade Value
1962 D Washington Quarter Circulated/mint $15
1962 D Washington Quarter Uncirculated/mint MS-65 $32
1962 D Washington Quarter Uncirculated/mint MS-66 $630
1962 D Washington Quarter Uncirculated/mint MS-67 $3,120
1962 P Washington Quarter Circulated/mint Not $16
1962 P Washington Quarter Uncirculated/mint MS-65
$352
1962 P Washington Quarter Uncirculated/mint MS-66
$456
1962 P Washington Quarter Uncirculated/mint MS-67
$5,040
1962 P Proof Washington Quarter Uncirculated/mint No
$36
1962 P Proof Washington Quarter Uncirculated/mint MS-68
$40
1962 P Proof Washington Quarter Uncirculated/mint MS-69
$62
1962 P Proof Washington Quarter Uncirculated/mint MS-70
$322

FAQs

How Much Silver in 1962 Silver Quarter?

The 1962 quarter has 90 percent silver and ten percent copper. Weight is 6.25 grams, and silver weight is 5.625 grams, and in ounces, its weight is 0.9184 oz. The weight of a 1962 silver quarter is 0.2 ounces of silver.

How to find if a quarter is valuable?
In 1965, quarters composition changed to 91.67% copper and 8.33% nickel. This mixture is used for removing silver in coins. The silver coins are high value, and these coins made before 1965 and quarters made after 1965 are cupronickel and have low value. So if you have pre-1965 quarters that are high value

What makes a 1962 Washington quarter rare?

The coins with high grades and double die obverse errors are high value and preferred for collectors.

What is the most valuable 1962 Washington quarter?

Grade Error Sold for Sold in
MS 67+ $26,400 2019
MS 67 $18,400 2012
PR 70 DCAM Deep Cameo $7,800 2022
MS 66+ Doubled Die Obverse (DDO) $3,290 2016
MS 66+ Type B reverse $1,500 2019
MS 65 Repunched Mintmark (RPM) $495 2021
PR 70 $322.00 2002
PR 69 Cameo $196 2005

What is the value of How much is the 1962 Washington quarter without the mint mark?

The 1962 quarters have a larger mintage that makes them low value for lower grades, and we can get coins in circulated conditions for 7 dollars. The high-grade MS67 coins are about 2250 dollars, and MS68 are about $4,500.

What is in the 1962 Type B Reverse Quarter?

The 1962 type B reverse quarter comes with a regular struck obverse with a proof struck reverse. In simple words, the obverse is struck with a regular die, and the backside is struck with a proof die. The backside is fine and attractive and has clear details. The coins are rare and high value.

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