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
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11 | $10.52 | $10.52 | $10.52 | $10.52 | $12 | $14 | $21 | $17 |
1962 D Washington Quarters
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11 | $10.52 | $10.52 | $10.52 | $10.52 | $12 | $14 | $24 |
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 Washington Quarter Varieties
962 D Washington Quarter | 1962 P Washington Quarter |
1962 P Proof Washington Quarter
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|
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.
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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